Hello! I'm Tanaka from GogoJungle. Our highly popular content: a dialogue series between our company president Hayakawa and the developers! This time, Mr. Mori has joined us. Speaking of Mori, he has won the GogoJungle AWARD for two consecutive years and is a skilled trader who has guided many traders. |
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| GogoJungle AWARD: two consecutive years of wins / total sales of over 1,600 copies |
Mori
I started FX just before the Lehman Brothers collapse. I focus on reducing losses rather than winning. Because in FX, profits naturally accumulate as losses are reduced. However, to put that into practice, a consistent trading method is indispensable. As a result, I arrived at scalping and hedging. It's been a little over 20 years since individuals began FX trading as a thing, but the industry information is diverse, and I feel many traders are swept up by it, losing their sense of direction. With that in mind, I’d like to use this opportunity to share information that can be helpful to everyone in my own way.
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This time we’ll deliver the interview in three videos, so don’t miss it! Now, let’s dive into the interview content.
Personally, I’d love for everyone to feel Mori-sama’s character! So, I’d be happy if you view not only the newsletter but also the video! If you haven’t watched the first installment, you can watch it here.
Check the first episode
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| -Contents of interest- |
| Contents |
| 01 |
| How do you view the current market? |
| Contents |
| 02 |
| What it takes to make a living as a trader |
| Contents |
| 03 |
| Warning! To traders in the smartphone era |
| and much more |
Hello, I’m Hayakawa, the representative of GogoJungle.
In this three-part interview, we’re speaking with investor Mori. Mr. Mori originally worked at a U.S. financial institution, and after taking early retirement, he became an independent investor and has achieved nearly 20 years of success. He has been active mainly in FX, and in this second installment, we’d like to talk in detail about the current market and trading methods and keys to success.
Mr. Mori, thank you again for joining us! |
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| Hayakawa |
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Since the U.S. president took office, it feels like investors have returned to the markets quite a bit. Mr. Mori, how do you view the current market? |
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| Hayakawa |
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Since Trump took office, tariffs have been in the news a lot. And I feel the market has been reacting sensitively to these tariff developments. With the market’s volatility already present,I think more traders are entering againthan before. |
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So volatility is drawing traders back into the market, right? In the long term, will the yen continue to weaken further? |
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| Hayakawa |
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The interest-rate differentials between major countries and Japan are narrowing. Sothe view that “the yen will strengthen from here”was very common.
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That’s right. With Japan’s zero-interest-rate policy ending and major countries cutting rates now, |
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| Hayakawa |
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But right now, the yen isn’t aggressively appreciating, either.
Under these conditions,if the Dow and the Nikkei keep rising, we could be entering an economic situation no one has experiencedbefore, I think. |
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I see. In such an unpredictable economic climate, the possibility that investment or FX as a side business could spread across Japan is quite high. |
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| Hayakawa |
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Indeed. And Americans already live like that. |
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To make a living as a trader |
| Then, what should one do to live off this new side business of trading? |
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| Hayakawa |
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Conclusion: you need to have several consistent trading methods and trade according to the current market.
Unlike a part-time job paid by hourly wage, trading isn’t something you start making money from immediately. Achieving overwhelming effectiveness is, after all, very difficult.
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| Then, how can we establish a consistent trading method? |
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| Hayakawa |
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This may sound harsh, but there’s no sudden establishment of a method; you must engage in daily verification and persistence.As you can see with Ichiro Suzuki and Shohei Ohtani, they succeed because they consistently put in efforts that others don’t.
That’s the key. |
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| Hayakawa |
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But I think this goes beyond trading and applies to adult life as well.
For example, employees who deliver results in a company are the ones who continuously perform the same tasks every day, and such people are trusted. On the other hand, people whose actions depend on their mood or who frequently miss work tend to struggle with stable results. |
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| In both trading and real life, “continuity” is the key to success. |
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| Hayakawa |
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Warning! To traders in the smartphone era |
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Today’s era allows information gathering and trading to be done with just a smartphone.
In such an era, there are fewer people who can devote themselves to a single method. |
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| Hayakawa |
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