Hello everyone! I'm Ishii from GogoJungle.
For this special video interview, which is supported by many on GogoJungle, we spoke with the highly popular trader, Mr. Mori.
Mr. Mori is a veteran who began investing in 2006.
Having engaged in FX and binary options since before the Lehman Shock, he has
earned substantial profits and built his assets as a trader.
Mr. Mori has evolved the scalping of the “Hundred-Millionaire Trader” by adding the concept of volume,
and this is the New Hundred-Millionaire Trader's Scalping!
▼New Hundred-Millionaire Trader's Scalping▼ |
New Hundred-Millionaire Trader's Scalping: About the content that added volume
We would like to discuss various things with you.
FX and Binary Options
Mr. Mori started with FX and binary options.
He began investing in 2006. He entered FX in 2008, and five years later,
in 2013, he started options.
In 2006 the first Abe Administration began, and in 2007 subprime loans became pronounced.
The Lehman Shock occurred in 2008, and the Flash Crash in 2010—a turbulent era
in which market trends changed dramatically, and he calmly assessed and responded to the market.
That's right.
Mr. Mori's investment career began in an era of upheaval, but his calm responses paid off and he was able to grow his funds smoothly from the start!
The reason for that success, he said, is that he developed the skill to identify reversal points in the market.
He explained that this is the reason for his success.
When Mr. Mori began FX, fees and spreads were orders of magnitude higher than today.
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Even USD/JPY had a 5-pip spread
GBP/JPY had 12 pips
In 2024, many brokers quote spreads around
0.2 pips for the USD and around 2 pips for the GBP, and considering that
back then the fees were 25 times higher for USD and 6 times higher for GBP!
He traded under very high spreads.
Truly, that’s very high!!
Spreads were like upfront fees; at the moment of entry, USD/JPY could incur
5 pips loss, and GBP/JPY could incur a 12-pip loss, in that environment,
he conducted day trading.
Because the environment was tough, by calmly watching the charts every day he learned to identify reversal
points and make calm, informed judgments.
That’s right.
From the start of his trading, Mr. Mori calmly analyzed the market, adapted to high spreads, and, in the era when the term “day trading” was popular, by watching charts for hours every day, he learned to accurately
identify reversal points.
He mastered the technique.
Keys to Success
As mentioned earlier, when Mr. Mori started FX, he traded under very high spreads, but why did he become able to identify reversal points? Everyone is curious, isn’t it?
“FX is, I think, like a game of hitting reversal points.”
“I think so.”
“Find the reversal points on your own and enter at those places; that is important.”
“Having acquired this skill, trading has become smoother.”
”
We are hearing this from him.
What did he do to succeed? Next, we will talk about the key to success!
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“Trading when the market is moving is the key to increasing profits.”
“That is the key to raising profits.”
“Many traders experience losses right after taking a position, but I think the point is to find a place where the position becomes positive immediately.”
“I believe so.”
In the New Hundred-Millionaire Trader's Scalping, there is a clear volume-based logic for identifying reversal points.
Speaking about volume in FX is difficult, but by thinking of it like stock trading and trading accordingly, the technique improves.
Volume is everything; this way of thinking is the key to success!
Path to Success
Mr. Mori's success is built on the ability to analyze and identify market fluctuations,
and there is much to learn from his experience.
These are valuable ideas and methods for sharpening a trader's skills, so please
in the next video, we will discuss volume-focused topics that are especially important in the
New Hundred-Millionaire Trader's Scalping!
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