Let's embark on an adventure with the Market's Sage! Sure-Fire Jungle Cruise [Episode 3] Mr. Motty

[Part 3]

MottyMr.

- If you want to win, pay attention to the "Gate Trader"!

Motty is currently attracting attention as a unique trader. While his main job is a web designer, he is active as a part-time trader. Also, on his blog Blog of a Gate Trader Aiming to Turn 10,000 Yen into 100 Million Yen via FX he shares his investment knowledge and methods. In addition, he has released original indicators, and he is a trader whose activities are expected to expand even more in the future.Blog of a Gate Trader Aiming to Turn 10,000 Yen into 100 Million Yen via FX

- The FX I thought was dangerous

Motty started FX about five years ago. At first, he had a surprisingly dangerous image of FX. However, due to TV, that image was dispelled, and his interest in FX heated up rapidly.

"I saw on a TV program a Tokyo University student around my age doing FX, and that got me interested. I didn't know much about FX, but I decided to open an account and just give it a try!"

Moreover, being bold by nature, he traded with real money from the start.

"Of course, I didn't win at all at first. I used moving averages, Bollinger Bands, and RSI, but looking back, my rules were vague, so it was the worst (laughs)."

- Hoarding trading materials and wandering?

Back then, Motty was a textbook amateur, as he recalls.

"From the second year on, I bought up a lot of materials, but most of what I bought was useless. Also, I once got wiped out in one shot with enormous leverage in an overseas account. Realizing this was really dangerous, I started talking to professional traders and began working at an investment company while studying hard."

- Patterns become simple when you can read them

Motty began using MT4 around this time, testing many indicators and evaluating various methods.

"When I started using MT4, I loaded a lot of indicators. But as I tested them, I learned which ones tend to generate profits and which do not, and it gradually became simpler. Also, as you trade longer, you can read patterns. I think the turning point when I started winning was when I understood higher-timeframe patterns and could ride the flow on lower-timeframe charts."

- Trade with composure while testing

As mentioned above, Motty clearly explains his methods on his blog. We asked him again for beginner advice.

"Ultimately, I think simple is best. At first it's important to try different things, and that's not a waste, but you should do testing. Also, it's important to trade with room to breathe. At first, I think it's best to start with an amount that allows you to average down about 10 times."

Motty openly shares his experiences and the hard-won knowledge. His information should be enjoyable for both beginners and advanced traders. Of course, his original indicators are full of his own dedication and quirks. Why not give them a try?

Blog of a Gate Trader Aiming to Turn 10,000 Yen into 100 Million Yen via FX

Motty's products

-Extremely high-advantage signals [TrendingSignEX]

-Simple day trading that consistently earns 300–500 pips per month

INTERVIEWER

Tatsuo Nagamoto

After working as an editor for a car magazine, he joined GoGoJyan Co., Ltd. (Media Sales Department) in November 2017. He resonates with and pursues the corporate philosophy "All investors' wisdom to everyone," and is working to realize it. He harbors the ambition to achieve financial freedom by interviewing outstanding investors and system developers.He harbors the ambition to achieve financial freedom by interviewing outstanding investors and system developers.