"Everything becomes FX" Week-to-week Trade You Can't Tell Anyone About Vol.004
This "Investment Navi Plus" is a report delivered every Sunday by "Everything becomes FX," which contemplates money management.
It covers money matters not limited to FX markets, and I would like to share my actual weekly positions with a limited audience.
――――――――――――――――――――――――――――
▼Table of Contents
―1. Recent Developments
―2. Global Finance
―3. Weekly Trades You Won’t Tell Anyone About
―4. Next Week’s Positions
――――――――――――――――――――――――――――
【PR】Turn FX losses into gains using money management
Trading techniques that place emphasis on money management, which is often neglected in FX.
You can trade without being swayed by win rates or methods.
▼1. Recent Developments
――――――――――――――――――――――――――――
The chief writer, "Everything becomes FX," relocates between domestic and international locations about half of each month. I would like to share where I am now, what I am seeing, and who I have met or worked with domestically.
――――――――――――――――――――――――――――
This week I am in Tokyo. Recently about half of each month I spend overseas, and the other half domestically (about half domestic is Tokyo, the other half is regional cities).
According to UpWork,UpWork—the major U.S. freelancing platform—there are about 55 million freelancers in the United States (about 35% of workers) currently. Japan is about 10%.
Additionally,Forbespredicts that by 2020 about 50% will be freelancing.
When you read this article, some may think "Facepalm," but just as flip phones shifted to smartphones, and people paid for two pizzas with Bitcoin, times are certainly changing.
I’m not a proponent of freelancing, but if there’s time to complain about work at a izakaya, I prefer to fuel that energy into starting what I can do now.
Now, when I am in Japan, I tend to meet people a lot (overseas I tend to cocoon myself). Attending events for companies I trade with, joining dinners—
From what I hear, no company has stopped wanting people (a seller’s market).
If a company is flexible, they readily accept remote work, so it’s recommended to actively participate using your strengths, such as "Web design" or "SEO knowledge."
Rather than expecting the company to do everything, starting something yourself may lead to faster results.
▼2. Global Finance
――――――――――――――――――――――――――――
Many FX participants spend time researching fundamentals and technical analysis.
However, ironically, about 90% of FX participants incur losses, and many are forced to exit.
In this column, I will consider global finance while keeping a distance from those aspects.
――――――――――――――――――――――――――――
This week, the yen moved toward depreciation after Prime Minister Shinzo Abe mentioned a possible early dissolution of the House of Representatives on the 18th.
Also, on the 19th and 20th, the FOMC maintained its forecast for rate hikes, causing U.S. interest rates to rise and the dollar to strengthen (yen weakness). The stock market also returned to the 20,000 level.
On the other hand, North Korea remains a persistent issue. If there is a missile test or any sudden event, the market is expected to become highly volatile.
Personally, I think it is better to abandon trying to predict which direction the market will move and instead focus on a management approach that deals with what to do when it moves in either direction.
Old men shouting "I predicted it!" and bragging is something to block immediately (laugh).
Now, on Saturday the 23rd, there was news that "Uber loses its operating license in London as well."
Following Taiwan, it has become unusable in London too….
Is it just me who thinks Uber is more convenient than taxis that neither know the roads nor have good attitudes, especially since Uber provides pre-knowledge of the destination and mutual ratings?
▼3. Weekly Trades You Won’t Tell Anyone About
――――――――――――――――――――――――――――
A "weekly trade you won’t tell anyone about" that fully utilizes money management in a trend-following and counter-trend portfolio.
Since starting in 2012, it has never lost a year and has achieved total profits of over 30,000 pips.
What is the secret to making profits with a 48% win rate? Here I present this week’s trade results.
――――――――――――――――――――――――――――
• This week’s result: +400 pips
• Cumulative result: +30,457 pips
【Weekly Trade Results】
• Win rate: 48.6%
• Average win: +839.6 pips
• Average loss: -580.1 pips
• Largest win: +13,491 pips
• Largest loss: -2,932 pips
• PF: 1.37
• PR: 1.45
"Weekly Trades You Won’t Tell Anyone About" takes positions with an edge from the 1-hour, daily, and weekly timeframes, using trend analysis. However, its essence lies more in money management than in trading itself.
This method has a win rate of 48%. Because it feels about 40% in "experienced probability," I cannot recommend it to those who require a win rate of 80% or more. It is targeted at those who can think about long-term profits.
＞＞Overview of "Weekly Trades You Won’t Tell Anyone About" is here
