Billion-dollar traders are doing scalping
Hello everyone.
Today's USD/JPY is “subtle.”
Tomorrow we have the U.S. nonfarm payrolls data release, so that will likely have an impact.
Currently, on a 5-minute chart, a long breakout line can be drawn.
Actually, yesterday I thought about the market in relation to something.
What is it? It is “X JAPAN YOSHIKI's comment.”
In the corner of my house, I have two vending machines, but due to the supplier, there are no Red Bull or Monster Energy drinks.
Instead, there is a Real Gold Red Bull flavor that tastes exactly the same, and I have already drunk over 100 cans, but yesterday I noticed something on the can—a message from YOSHIKI (whether he said it himself is unclear, but he would say it):
there is something remarkable about it.
That is...
NOTHING IS IMPOSSIBLE
“Nothing is impossible.”
Everyone is a trailblazer who will pave their own path.
If there is a magic to change the world,
it is to persevere. Eventually, the way will open.
That was the message.
These kinds of phrases are often spoken by successful businesspeople or celebrities, but I also sometimes reply to everyone's messages with encouragement to stay steady and persistent in their efforts.
If there is a magic to change the world
it is to persevere. Eventually, the way will open.
Even if you replace “the world” with “myself,” the point still holds, I think.
If you take this message as an absolute impossibility, for example, if I were to start today and say,
“Become Prime Minister and change the world” or “To become Prime Minister, persevere and work hard,”
that would be impossible.
Also, declaring a two-sword style from tomorrow and trying to promote myself in Japanese professional baseball would be like that.
It is impossible.
YOSHIKI is not basing his words on such impossible tasks; he is speaking about something realistic, I think.
If there is a magic to change yourself
it is to persevere. Eventually, the way will open.
When you read it again with this replacement, doesn’t it feel a little clearer?
What I want to say is
I think it is a matter of mindset.
That is, to hypnotize yourself and keep going relentlessly.
Last month, I welcomed my first grandchild, a boy.
His name is written as 麗生 and pronounced “Leo.”
As a young grandfather, people say he is like my own child.
If I want this grandchild to become a Major League player in the future, what realistic path should he take?
Assuming he stays in Japan
Let him play baseball from elementary school through Little League
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In junior high, even if local, enroll him in a high school that is a frequent participant in the Koshien tournament
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Get drafted
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Enter Nippon Professional Baseball
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Posting and free agency to challenge MLB in the United States
I think this is the program for aiming to be a Major Leaguer while remaining in Japan.
In other words, make the child imagine themselves as a Major Leaguer, and if they enjoy and work hard from Little League, they might become a Major Leaguer.
This is within the realm of possibility, but if aiming for the Majors, a consistent mindset and practice, and a mindset to continually improve, are necessary even for children.
“Perseverance.”
In this way, Yoshiki’s message can be understood quite naturally, I think.
Now, I would like to translate this into your trading.
I believe each of you trades with your own attachments and goals.
Whether your goal is becoming a full-time investor or a high-level part-time trader, if you are a high-level part-time trader, your aim should be to earn a day’s salary in a single trading day.
If that goal is set, the keywords “mind” and “perseverance” become necessary, and to sustain those keywords, you need the orderly steps and practice like the road to becoming a Major Leaguer.
What I want to convey here is that the order and way of practicing can be found in my Billionaire Trader Scalping Manual.
The way I draw lines and the way I speak are “my style,” but “various ways of taking positions” are an absolute pattern.
If you think, “This is fake,” or “I don’t understand,”
now you can use ChatGPT, Twitter, Instagram, translation software to research overseas institutional investors, and from their executives and dealing managers’ names, check their SNS accounts (they usually have them).
Using translation software to judge whether it is right or wrong and how to win, you could directly DM them in English.
I think it would also work on overseas FX forums.
Likely, they will say what I usually write on Investment Navigation+.
Comparing the positions of institutions with the roughly 3,000-lot positions of individual investors is meaningless. The volumes and qualities are different.
I also use auto-trading software worth hundreds of millions of dollars (EA).
But on a personal level, I am not trading with any special magical method.
“Probability,” “win rate,” and “risk-reward including money management.”
That’s all there is to it.
To achieve that, you need a consistent, solid trading style, and only with that can you judge how your day went.
Have you ever done something like this?
I contacted people on Twitter many years ago.
They taught me various things, but in the end, the advice I received was that the fastest path is to learn from someone skilled.
If you don’t take it seriously enough, you cannot survive in the market.
And another story.
A few years ago, I bought a surfboard shaved by a shaper from Haleiwa, Hawaii, in Japan,
and when handling on a big wave about twice my height, I looked up the shaper’s name on the board and found his Twitter account, so I sent him a direct message to ask how to handle it.
Perhaps he was very happy, because he kindly explained various ways to handle the board, but his final advice was to watch skilled surfers handle thin boards in the sea.
That was his advice.
In the end, that’s it.
What you believe may differ, but if there is any material worth pursuing, it is
“Mind persistence.”
And
Ultimately, it’s about practice and training.
The scalping that billionaire traders do
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https://www.gogojungle.co.jp/tools/indicators/42559
Stress-free unconventional hedging (well, it hardly loses)
Unconventional hedging in FX
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https://www.gogojungle.co.jp/tools/ebooks/19435