Whether it will rise or fall in FX is 100% accurate [Takefusa Shikanai (FX攻略.com Editorial Department)]

If you don’t know when, forecasts up or down are meaningless

FX, and basically all markets, boil down to only two directions: it goes up or it goes down. In other words, there are only two strategies: buying and selling.

Personally, I think beginners starting with FX only need this level of simple understanding. If you try to pile on too much from the start, you’ll get tired even before you begin trading.

However, as you become more accustomed, you should start paying attention to the concept of time.

What is time? It is “when you will achieve that goal.” The USD/JPY will surely reach 150 yen someday, as long as the market continues. I may not be alive then, but as long as the economic system and the forex market exist, it will happen someday.

But if you don’t know the “when,” predicting prices and judging whether they will rise or fall will become almost meaningless.

We can’t lock up precious funds anticipating forecasts decades in advance.

Therefore, questions like “Will it go up or down?” are unusable as a trading policy unless paired with a time of achievement. If you don’t consider timing, you’ll be right 100% sooner or later, not just 50/50.

Knowing when to achieve makes “make 100 million yen in FX” not a pipe dream

This kind of time-related thinking seems quite important, yet it isn’t as widespread as I’d like. In fact, I started to be aware of it not long ago.

“Make 100 million yen in FX” is a fantastic goal and, frankly, wonderful. However, you must also consider how much time you’re willing to invest as part of that goal.

If you want to make 100 million yen in profit within six months, you’d need at least 10 billion yen in capital. If you could increase your capital by 10% over six months, you could achieve a 100 million yen gain.

That’s unrealistic in real life. Most people can’t even assemble that kind of capital. Six months would be a nearly impossible game.

But I believe everyone can potentially earn 100 million yen in FX. The condition is to devote your entire life to it. Over decades, study and practice relentlessly, gradually growing your capital bit by bit, and there is a possibility.

Of course, I will maximize the power of compound interest, and I will surely experience losses along the way, so I will fight while preserving capital.

Furthermore, I will earn well in my main job and gradually inject funds into my FX account.

But I think most people cannot dedicate themselves to FX for that long. If asked, “Can you do it?” I would probably answer, “Probably not.”

It is that hard to keep learning. Those who can continue learning and still regularly profit in FX are the ones whose techniques and mindset I share in this magazine.

Not now. Be prepared to use your whole life

The mental calm that “there is plenty of time” helps prevent high-risk, forced trades and leads to focused study. Of course you want to make a huge profit, but that doesn’t have to happen right now.

FX isn’t so easy that you can win after one or two months of study, but at the same time, the more time you invest, the more you improve.

Yes, this column is something I wrote to remind myself: don’t rush, don’t rush.

※This article has been revised and edited from what appeared in the Fuji Mountain Magazine Service readers-only FX攻略.com editors’ note.

Musashi Shikanai (Mu sashi Shikanai) Profile

CEO of Tcl Co., Ltd. A member of the editorial team since the launch of FX攻略.com in 2008, involved in the operation of this magazine and the official site. Besides interviewing and writing articles, he also manages FX as a trader daily. Favorite technical: Heikin-Ashi; favorite method: breakout.

Official site:Tcl Co., Ltd.