One hundred million traders are scalping

Good morning everyone.

I have just replied to all the messages I received from everyone.

If there are still people who have not received my messages, please let me know.

Well, half of this year has already passed, but have you approached the image you had of yourself at the beginning of the year?

If you haven’t approached it, I think it is necessary to examine what caused it.

Central banks around the world have almost completed their policy rate announcements this week and have reached their halfway point.

With just half a year left in this year, I would like to write about how things might unfold from now on, in my own way.

Originally, such things would be announced by economists and economic scholars, but you are critics, not traders.

It might be similar to the remark once made by Katsuya Nomura, the former manager of Rakuten and manager of the baseball team.

Among the super traders I know, hardly anyone has worked in special financial-related jobs.

It is almost a mystery that I come from a former foreign financial institution.

Sorry for the almost unbelievable but true story, but there are many people with backgrounds like “self-proclaimed former pachinko pro and slot pro” or “former gamer.”

That may be why FX trading, including scalping, is said to be a real-money game.

This week, the Nikkei average entered a zone for the first time in 33 years.

The government and the Bank of Japan are welcoming stock price increases, as ETFs have shown valuation gains of around 2.5 trillion yen due to this rally.

All of this was made possible by the BoJ’s policy measures starting with the Kuroda Bazooka; as stock prices rise, everything is OK,

and the evaluation of former BoJ Governor Kuroda seems to be rising rapidly, similar to stock prices.

However, the question is whether this situation is normal or abnormal.

I know about past bubbles and bubble collapses.

The bankruptcy of Lehman Brothers, the Lehman Shock

Is it the same or different?

Those of you reading this article right now, are you riding on the benefits of the current bubble?

People working at major listed companies are probably enjoying certain benefits.

In particular, what about those who work in small to medium-sized companies, or who work on contracts or as temporary staff?

Are salaries increasing rapidly, benefits becoming more substantial, and is life becoming easier?

Have you gone to Yanae and bought two Mercedes-Benz cars for you and your spouse?

In my company, since we are small, as part of our福利厚生 (employee benefits), we have five Mercedes-Benz company cars for employees to use as their private cars.

Our company is a real estate investment company, and I handle the market and this product manual sales personally.

Manual sales began due to various connections and opportunities.

Moreover, since I have stepped down as president and am now chairman, I am almost no different from a janitor with duties.

It may not suit the age or the scale of the company for a chairman, though...

This year, after three years of lease, we replaced five cars with the new C-Class, and astonishingly, they cost nearly 2 million yen more than the previous model, totaling over 7 million yen per car.

The cars themselves haven’t changed much. The equipment and ambiance are better, though...

For a salaryman taking home about 7 million yen after tax, with five years of remaining payments, paying 1.2 million yen per year, while supporting two children in private high school and university and paying a mortgage, even the C-Class becomes unaffordable at this price.

Although I’m talking about semiconductors and parts price hikes, it’s just a convenient way to describe rising trends.

I think this inflation will continue for a while.

As the cost of living for citizens rises, consumption cools, and companies are squeezed by rising material costs

and wage increases, narrowing profits.

And afterward, the burden will come back with rising interest rates.

Because money was spread around to both companies and individuals under zero-interest-rate policies, now it will start being retrieved.

Well, you can pretty much imagine what happens next.

So, what about Japan’s parents and America? At the recent FOMC, they held off on rate hikes for the 11th meeting in a row, but Chair Powell said there will be two more rate hikes this year.

From here, it may rise to just under 6% since it is currently in the 5% range.

A while ago, U.S. regional banks collapsed three banks and Credit Suisse was acquired, but now those stories don’t appear in the news anymore.

Whether America is the same as Japan or not is another matter, but America also launched large-scale stimulus during the zero-interest-rate era, so those who borrowed will face higher interest burdens during refinancing, and some may fail if they cannot raise funds.

Given such high interest rates, refinancing and financing will become quite difficult.

From this, I believe this bubble will eventually burst, triggering a crisis named something like a〇〇 shock, unless there is some kind of Ultra-E-level solution or a completely new culture or system appears.

In such a context, we trade FX, and regardless of the results, from my perspective as someone who has traded since before Lehman, a bubble burst represents a great opportunity.

As you know, FX can be traded from selling as well, and because of the volatility, trading becomes easier.

In extreme terms, whether the economy is good or bad, we just ride along with the momentum.

It has long been said that markets move on momentum; whether Dow or Nikkei reaches a new high or shows the largest drop in history, depending on the reasons, when the market moves, opportunities arise.

We should wait for that big chance and sharpen our skills and instincts to be ready for it.

Sooner or later that chance will come, and during that time, negative social phenomena may occur, work and life may become pessimistic.

If we can create an environment now where “FX trading will keep money safe,” perhaps it is not too late.

Money isn’t something you regret having, and not having money is a trouble.

Not necessarily trading; even a midnight convenience store part-time job, or sorting at a major logistics terminal, or my second-favorite job at Yamazaki

as long as it brings money, any opportunity is fine.

(Of course, my favorite is Yoshikawa’s Yam Bank, in Yokohama.)

When I went to Yam Bank last night to eat, there was a signboard for full-time employees in front of the store.

The salary for full-time employees at Yam Bank stores is amazing.

You can choose between two days off a week or three days off a week, and the monthly salary starts at 300,000 yen.

Capital325,832,000 yen

Number of stores: over 150 nationwide, almost all cashless

Employees4,325 (including 443 full-time)

Annual sales: 18,676 million yen (fiscal year ending January 2023)

Rather than working for a company whose reasons and statements change from day to day,

you should feel urged to “hurry to Yam Bank.”

If you love ramen, even more so.

There are various ways to earn money in the world, but if you can find a way that you love and fits you, that’s the best.

I look at charts for just a few minutes on a one-minute chart to capture a fragment of the daily trend, but after watching the one-minute chart for many years, it doesn’t feel so fast anymore.

There are times when dollar/yen or euro/dollar look like slow motion.

Perhaps that’s also a matter of getting used to it?

This weekend looks sunny nationwide.

Be sure to verify and study your trades carefully to prepare for next week.

Thank you again for next week as well.

Well then, everyone, have a great weekend.

A genuine method without any cheating

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Scalping used by billionaire traders

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https://www.gogojungle.co.jp/tools/indicators/42559

Stress-free irregular hedging (well, it hardly loses)

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https://www.gogojungle.co.jp/tools/ebooks/19435