Hello! I'm Tanaka from GogoJungle. A popular feature: a conversation series between our company's representative, Hayakawa, and the developers! Today, Mori has joined us.
Speaking of Mori, she is currently a two-time consecutive winner of the GogoJungle AWARD and a skilled trader who has guided many traders. |
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| GogoJungle AWARD: 2 consecutive years / Over 1,600 copies soldContents |
MoriMori
I started FX around the time Lehman Brothers collapsed.I started FX around the time Lehman Brothers collapsed.
I focus on reducing losses rather than simply winning.I focus on reducing losses rather than simply winning.
Because in FX, profits naturally accumulate by reducing losses.Because in FX, profits naturally accumulate by reducing losses.
However, to put that into practice, a consistent trading method is essential.However, to put that into practice, a consistent trading method is essential.
As a result, I arrived at scalping and dual-position trading.As a result, I arrived at scalping and dual-position trading.
FX trading has been accessible to individuals for a bit over 20 years, but industry information is varied, and I feel many traders latch onto certain information, get tossed around, and lose their way.FX trading has been accessible to individuals for a bit over 20 years, but industry information is varied, and I feel many traders latch onto certain information, get tossed around, and lose their way.
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 is the final installment of a three-video series.
Let's dive into the interview content right away.
Personally, I’d love everyone to feel Mori’s personality!
So, I’d be glad if you not only read the newsletter but also watch the videos!
If you haven’t watched Episode 1 or Episode 2, you can view them here.
▶View Episode 1
▶View Episode 2
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| －Intriguing interview content－ |
| Contents |
| 01 |
| Unconventional dual-position hedging |
| 02 |
| The New Billionaire Trader’s Scalping |
| 03 |
| Definitive guide to domestic and international FX options |
| and much more |
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Hello, I’m Hayakawa, President of GogoJungle.Hello, I’m Hayakawa, President of GogoJungle.
In this final installment, I’d like to ask Mori in detail about his/her three-book set.For the final installment, I’d like to ask Mori in detail about his/her three-book set.
1. Unconventional dual-position trading in FX1. Unconventional dual-position trading in FX
2. The New Billionaire Trader’s Scalping2. The New Billionaire Trader’s Scalping
3. Definitive guide to domestic and international FX options!!3. Definitive guide to domestic and international FX options!!
Mori, thank you again for joining us!Mori, thank you again for joining us!
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| HayakawaHayakawa |
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Unconventional dual-position hedging |
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| There are methods like this!!!! |
Unconventional dual-position hedging in FX
【A dual-position method that ordinary people wouldn’t think of】
It’s a “holy grail” or “sacred ground” technique for FX trading.
With this hedging, your trading will change 180 degrees.
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【A dual-position method that ordinary people wouldn’t think of】
So what makes it different from normal hedging? |
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| Hayakawa |
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| Mori |
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In a standard hedging, you hold both a buy and a sell position at the same time, closing the profitable ones as they appear.
The benefit is that you can respond whether the market goes up or down, and,
the drawback is that as it stretches out, capital requirements grow, making it difficult without sufficient funds, which I’m sure you know. |
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| That’s right—there are pros and cons to hedging. |
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| Hayakawa |
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| Mori |
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Yes, but “Unconventional dual-position hedging” is a bit different.
When I started trading, I used to make the classic losing move of buying as it falls and selling as it rises.
In such times,“What if it falls after buying? What if it rises after selling?”— and I thought temporarily hedging might help manage risk.
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| I see. Hedging as a temporary measure. |
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| Hayakawa |
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| Mori |
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That’s right.
For example, after the US jobs data is released and the market drops sharply, suppose you want to take a long position.
But if it drops more than expected, normally you’d cut losses, right?
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| Hayakawa |
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| Mori |
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But if you hold a short position at that time, you can avoid the loss.
If you calculate and structure this properly, in theory you can trade without losing.
Of course, if you don’t follow stop-loss rules, you can still lose, but if you operate by the rules, you can achieve stable trading. |
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| It’s important to set stop-loss rules. |
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| Hayakawa |
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That’s right. The merit of this method is that it’s mentally comfortable.
You don’t have to redo positions repeatedly, andthe tedious work is reducedthe tedious work is reduced. |
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| Hayakawa |
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However, this method also has its drawbacks.For example, if a range-bound market lasts a long time, the number of open positions grows, and margin requirements keep rising.
Currently, domestic leverage is 25x, so trading 1 million units of USD/JPY would require about 6 million yen in capital.
With capital around 1 million yen, it becomes difficult to hold many positions.
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| That’s why you also need to consider capital management in this regard. |
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| Hayakawa |
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| Mori |
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Indeed.
That’s why I firmly set stop-loss rules.
If you follow these rules, you can trade without losses in theory.
Including that, this book thoroughly explains how to do “Unconventional dual-position hedging.” |
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I’ve clearly understood how this differs from normal hedging.
This “Unconventional dual-position hedging” is precisely a method to avoid losses. |
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