After 8 years of trading My advise would be this 1) learn the basics 2) test out different strategies that work for you (you not your mentor) 3) back test 4) demo the strategies that are working for you 5) stick to one strategy after testing a few 6) ensure your profitable on demo 7) move to real acc and fund a small amount like 100usd/gbp or whatever your currency 8) work on your psychology until your profitable 9) there’s no holy grail strategy, they all lose trades. That’s normal 10) there’s no other trading skills physically, it’s all an emotional game and your mind has to adapt to the market way of doing things 11) remember it’s 80% psychology and 20% strategy That was my journey Wish you all well

@Devinecreature

6 ай бұрын

@@Junperf Definately not easy Took me 8 years

@abrahot

6 ай бұрын

🤗

@eliasperez6676

5 ай бұрын

My friend you forget the most important, risk management.

@apdalarashiit7193

5 ай бұрын

​@@Devinecreatureohh really that's hard work,but which strategy do you use currently

@JohnSmith-fi7ir

5 ай бұрын

Hi! Where the basics can be found? TNX

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

@AndrewMedina-jr7ko

13 күн бұрын

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

@LouisEthan-bk6qc

13 күн бұрын

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

@IvanBogdan-qw2yq

13 күн бұрын

I spread out my $25k portfolio across various markets to diversify my investments.

@JakasonHole-ni7tl

13 күн бұрын

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

@AndrewAlonso-jb7kz

13 күн бұрын

I keep hearing great things about Naomi Dean! She must really stand out for people to speak so highly of her.

What they don’t talk about is that “GURU” may be a profitable trader. But that watch she bought was from the people who buy her books and take her classes. Which is why she immediately posted that watch when she bought it. They become dream sellers unfortunately

While we're just eating, sleeping, learning or simply having fun with our everyday life...ferocious battles take place 24/7 on Planet Finance. Crazy. Scary too.

@davidgara3004

8 ай бұрын

Lol

@poloska9471

7 ай бұрын

As a professional futures day trader I actually found this documentary to be quite accurate, especially in terminology and the issues traders face, even professional traders, nobody is immune to it. The best line that I likes went something along the lines of “traders are professional risk managers” - this is the reality of it, it’s all about psychology and risk management, the instrument doesn’t matter nearly as much. There is a misconception that trading requires constant prediction of where the market is going but the reality is that the most profitable traders success rate ranges from 20% to 50% depending on strategy (meaning 2/10 - 5/10 trades are profitable, the rest are losses)… since the market is UNPREDICTABLE (anyone who says it is just doesn’t understand that they are wrong), profitable trading is effectively professional gambling but the magic is in the math that makes it work - the other line that I enjoyed is “risk can be managed but uncertainty is unpredictable”. You use the risk to your advantage! Small losses, large profits, randomness, and meticulous management of one’s psychology - the reason most traders lose is not because they don’t predict where the market is going, it is because they either try to predict (rather than think of it in terms of probability), or they lack emotional/psychological consistency and everything else that comes with it. It’s surprisingly challenging for such a simple equation.

@Wildfire_FX

6 ай бұрын

I absolutely live for it.

@brownpanther7512

5 ай бұрын

bro what?😂

@selekta310

5 ай бұрын

fact is everybody wants to get rich

these documentaries are stellar, certainly one of the best on youtube. actually, cinematography-wise i dont think there is any competition. thanks for providing such high quality content on youtube.

@acquisitium

7 ай бұрын

they are made by the dutch BBC

@BlackRain_

7 ай бұрын

And what did you actually learn? If anything?

@acquisitium

7 ай бұрын

@@BlackRain_ for me not that much. but this field is within my interest. only the way how they could insure wildfires etc was pretty new.

@user-hu9vx4ps8h

7 ай бұрын

@@BlackRain_ everything we do is a balloon

@lenaely6146

6 ай бұрын

💯

Wow, this documentary was absolutely captivating! The cinematography in this film is top-notch, and it truly added an extra layer of depth to the storytelling. I was hooked from the very beginning, and the visuals just enhanced the entire experience. Kudos to the creators for their exceptional work in bringing this story to life. Can't wait to see more from this channel!

Basically the only thing that I'm looking forward to with anticipation on YT is this series. Amazing! Well done!

@user-ih5ec7cy1j

9 ай бұрын

😂😂😂

Documentary about japanese retail traders is incomplete without mentioning CIS and BNF in it. This is traders is revered as heck and legendary there.

@MRT-co1sd

9 ай бұрын

They are stock traders not FX right?

@jemiez9383

9 ай бұрын

@@MRT-co1sd still a trader. Make no difference for me.

@ma2i485

8 ай бұрын

yep@@MRT-co1sd

@ftd7435

7 ай бұрын

@@MRT-co1sd Yes, thatz another ball game altogether.

@ftd7435

6 ай бұрын

In case you guys donno, BNF was offered a multi billion dollar job as a trader for Softbank but he rejected it! Masayoshi Son wasn't pleased as BNF is the ONLY ONE he cannot suppressed and threatened.

thank you so much, i was looking for somithing sort of this kina documentry always to lift my spirits up. thanks again

How good is this series! I can't stop watching!

Get your mind right FIRST. Take a YEAR to learn how the Markets REALLY work. Relax. Deep Breath. Execute

@MrWatanabe

8 ай бұрын

Research Steve Mauro to understand exactly how the market makers business model really works and how you can profit from this

I hope more people watch this series. Outstanding show and information!

Such a well-done series!

As a forex trader and a lover of Japan, this is my favorite episode so far!! :) ❤❤❤ 9:38

@naominjeri7827

9 ай бұрын

thats interesting how is trading how many years have you been trading?

@powerball200

7 ай бұрын

any lesson for us to be good in forex, i just started. can i really make fortune? i hate 9-6 jobs

@coolboyalan

7 ай бұрын

​@@powerball200expect it to take 4-5 years for you to just become profitable. Fortune starts from there. Keep your account very small like 100, 200$ and try to grow it using risk management, by risking no more than 1% on a trade. See you in 5 years ;)

@6Mar99

5 ай бұрын

@@powerball200you definitely can. first thing to keep in mind is that there is no need to sign up for courses that says they have the best strategy in trading because more often than not, its BS. All the resource you need is just on youtube or in babypips(its a website). then keep practicing, but dont let go of your job unless you have a years worth of spending money to ease of the financial pressure in trading. The technical part in trading is pretty easy, the mental/psychological part is the DIFFICULT part.

Such a great series. Very nicely documented

the barrier to entry for forex trading is so low that anyone with some money, device and internet can start trading but the success rate is very low too. You can teach 10 people the same strategy but unfortunately, only 1-2 will be profitable. Of the many facets of FX trading, psychology is the hardest to master

Thanks for sharing this profound knowledge on KZread, hope we all get value out of it

You have done amazing work ❤️

Good documentary for aspiring traders

Just for People who are watching this and not an expert. You can be a drawdown or loss with the amount your Annual Salary or like your life Savings. So be sure of what you are doing is already a loss. Japanese Market is the primary Open of the Asian Session. Always be aware to follow thru the trades from New York and close your trades in the London session . Every Session is not the same

@Mellow4202

6 ай бұрын

Or just swing trade. What you just said only matters if you're day trading. If a currency is meant to appreciate, it is going to appreciate regardless overtime. Sure unexpected events do happen, but that's not a constant problem.

This also shows how trading is not for income stick to your day job or start your own thing. Also fundamentals are first!! Had she known that ECB were having a Monterey meeting she would've understood before the market started to move.

@jamiepearson9652

Ай бұрын

News is the last thing a trader needs. It distracts from the truth.

As far as i can say, you can make $100 in just about 3 minutes with $240 invested and it could be the vice versa

Am trader and this is so inspiring ❤❤❤ life is a journey

You don't need to be the smartest or the fastest... you can take your time, use proper risk management, and trade longer term. Not complete with banks and institutions.

The hardest aspect for new students to assimilate is that even if you follow all your rules perfectly and see the perfect pattern the trade may not be profitable. You need to embrace uncertainty on individual trades and learn to base results on series on trades. If you know your system is only 40 to 50% profitable, then you will hopefully not risk more than a very small percentage on each trade. Also, if she is a professional why is trading before a interest rate decision?

@ma2i485

8 ай бұрын

The Nail Salon owner is definitely not a professional Trader, hence she only lost 25 Euros on her rookie trade in EUR/JPY.

@russellschaeffler

8 ай бұрын

@@ma2i485 yes, but shouldn't the other more experienced woman have told her not to trade before an interest rate decision?

@MohamedAbdulkadir9

6 ай бұрын

she is not a professional as it seems. even novice traders tend to watch for high impact news like interest rate decision

@pkhaloobonaccio9883

4 ай бұрын

if these people think they can trade for ex based on technical analysis , it is fine for them . However , once extreme news come , no indicator will be able ti explain the extreme volatility as most indicators are lagging not predictive

90 % of retail traders of forex loose, that is the fact

It’s a zero sum game like they say, so the money the Mrs Watanabes ‘lost’ went to the big institutions who had a hotline to the FED so shorted the market. ie they pocketed the losses…..you couldn’t make this up.

forex trading is pure gambling, only ones making money are the so called "instructors" that running courses to "teach". Pathetic.

@chinedumijeuchendu

8 ай бұрын

Edge 'u' Cated gambling There is a difference once u have an edge

People in high places had access to fed info, but normal people can watch volume and have seen it coming especially when it rushed back to the old support and held for 3-4 days before spiking back up in terms of usdjpy into april.

Love it👍

Fantastic videos excellent

keep thinking that trading is about predicting prices and you will be in the 90/90/90 club

Eagerly waiting for the 4th installment

Technical analysis god

all the new knobs chasing tiny gains with no plan or strategy...great vid.

@TechnoViking__

9 ай бұрын

What do u propose?

@mightiesthelmutz2836

9 ай бұрын

@@TechnoViking__ always depends on your own situation. We are long to build and stack. Understanding the difference between grocery profits and life altering wealth is the difference.

@colinkay6599

8 ай бұрын

Gordon said "Greed, for want of a better word, is good" But all the money in the world...

Amazing series, but I'd love to explore some things in more detail - like, why did yen actually went up after the earthquake. Can someone pls explain?

@TradingNirvana

5 ай бұрын

Flight to safety. Japanese investors are a huge piece of the pie representing foreign investment in US assets (stocks, bonds). When their risk appetite rises, the yen falls (because they have to sell yen in order to purchase or invest in foreign assets). When their risk appetite goes down, the yen tends to rise (because the Japanese sell out of their risky investments and purchase back their yen in the process).

I'm very much interested on those indicators on the chart and what they are used for. Only the 2 on the RSI

@revertaxunix9373

6 ай бұрын

Don't

@dlammelusi9195

6 ай бұрын

@@revertaxunix9373 why not

Hi im from indonesia.. saya sangat beruntung karena adanya leverage.. saya saya trader kecil atau disebut trader uang coin receh ... saya bangga bisa jadi pialang saham sebagai profesi sampingan .. aku dulu berfikir jadi pialang sahamm adalah pekerjaan yg sulit bagiku..ternyata tidak setelah ada sistem leverege❤😊

@Time_Traveler642

7 ай бұрын

Leverage itu apa ?

@JolodotSubekti-jp5pq

7 ай бұрын

@@Time_Traveler642 leverege itu sebuah daya ungkit ..dimana kita bisa bertrading dg modal yg minim .. Contoh $100.. kita bisa melakukan jual beli mata uang dg Lot 0.01--0.1 Karena adanya leverage .kalau tidak ada leverage kita tidak bisa jual beli mata uang ..karena uang kita hanya $100.. setidaknya kita membutuhkan sekitar 200juta di akun Securitas kita untuk bisa berdagang dg Lot 0.01--0.10 di market konvensional... Leverage adalah daya ungkit dimana disiapkan oleh broker untuk bisa bertransaksi di market derivativ tanpa harus deposit 200juta.. Dana daya ungkit kira sudah ditanggung para broker derivativ tersebut

as Trader who has been in the market for years I can say that starting with Forex to trade as a beginner is worst Financial Decision you can make

37:00 Management said to call it a day. only in Japan you'll see employee waiting for the boss to tell them to call it a day during an earthquake

@BlackRain_

7 ай бұрын

Fvking slaves.

Hello from Philippines

Where's the data I should be looking at?

Trading Psychology is necessary.

2:30 location of the temple anybody knows?

In a nation familiar with Tsunamis for thousands of years, which documented their extent with stone warning pillars centuries ago that literally read "do not build below this line," they call the next Tsunami a "Black Swan event" and build below the line. All humans are like this everywhere.

@subcitizen2012

9 ай бұрын

Not like any other culture is immune to being human, big boss. The US builds entire suburbs in floodplains, tornado alleys, hurricane regions, fault zones, forest fire prone areas, boom towns destined to become bust towns. Or consider how in some places in the world they still build cities at the feet of volcanoes. Like the video said, things seem fine and stable until they are not. Whether it's once a decade, once a century, or once a millennia, the logic of "it hasn't happened in so long, what could go wrong." All of our cultures have actual proverbial tsunami lines that we ignore at our peril. What could go wrong to ignore history, to let the ruins overgrow until we have forgotten them? What are some things besides natural disasters we have all too quickly forgotten? It happens basically the same each generation with war as well. Humanity will never learn sir, has noticing specifically to do with Japan.

@netizencapet

9 ай бұрын

@@subcitizen2012 It wasn't targeted at the Japanese per se, but just an example of a universal human trait. Our contemporary milieu is perverted by a hypervigilance so overratcheted that every comment requires a caveat, and even then remains suspect. There is no common grace to see the universal in the specific...every ensample of folly carries with it the presumption of targeted bias. This mentality is a vomituous straight jacket always on the prowl for blood even when none has been shed.

Why not try out with a mock account first...

“Today as always, men fall into two groups: slaves and free men. Whoever does not have two-thirds of his day for himself, is a slave, whatever he may be: a statesman, a businessman, an official, or a scholar.” ― Friedrich Nietzsche

@daRich_X

6 ай бұрын

So people who work 8 hours a day are not slaves?

@romanszefler7479

5 ай бұрын

​@@daRich_Xwhat you think

That thumbnail caught me off guard, uncanny stuff!😂

@jacqueokatch9907

7 ай бұрын

Don worry we were in together

Markets can take way fortunes the same way they can make. Its up to us.

Never mind that the LIBOR was being fixed before we traded in the 2008 - 2011

@vpro. Your documentarys are art. But @19:00 they are showing eur/usd. translation is gbp/aus. ? what is going on!

This series is serious. If you're an American Taxpayer and Patron get in on some of that MONEY

It’s also the first country where you get NEGATIVE interest in one’s SAVING!! Their GOVT want the people to be on the GO 24/7!! Nothing much different since the introduction of the rail roads.

I just want to tell them they don't need all those indicators confusing up their charts.

"Whatever loans you give, ˹only˺ seeking interest at the expense of people’s wealth will not increase with Allah. But whatever charity you give, ˹only˺ seeking the pleasure of Allah-it is they whose reward will be multiplied." "Qur'an - Surah Ar-Rum 39.-th ayah"

There wasn't enough emphasis on the impact of excessive leverage in forex markets.

Why do i feel mrs.watanabes DONT use STOPLOSSES?

Stock market is like putting your balls on the table and pulling them off a second before another trader can cut them off.

@simonmbote30

7 ай бұрын

😂

God... This video basically shows an entire group of housewives that defend their own currency ??....

There's more volatility in the stock market just saying. Know the difference

the thumbnail is almost as scary as the market

New traders are very emotional but it isn't like that for the risk adjusted seasoned trader

15:24 Honma Munehisa❤❤❤

5:56 Mayuyu❤

One of the most beautiful thing human being has ever created is the forex market. The more you understand it aspects the more you love it and admire it's creators.

You can be a successful retail trader you just gotta work hard until you finally get it!! an it doesn’t matter if it’s 6 months or 6 years it all depends on you and You don’t of to be the fastest or the smartest either I didn’t even finish college!! and I mastered my skills in trading I didn’t pay 💰 for any courses either I learned everything on KZread for free!! It’s all about working hard and being consistent and creating your own strategy!!! And you don’t of to be the best trader ever to be profitable!! once you can get great entries your unstoppable it’s that simple!!!

Mrs. Watanabe is still under the control of Mr. Watanabe. Oh…the irony.

Planet Indicator😹😹😹

u dont have any other thumbnail dude?

Regarding the Japanese retail traders doing their trading from brokerage firm software and being extended credit - margin account. Here you are truly the "dumb" money. When you use the brokerage's free money, you are being led to the slaughter. Trading on margin allows leverage to earn much more, but inversely, when a trade goes against you, you are wiped out and are involuntarily liquidated. Never trade on margin and never take a position that represents more than 2.5-5.0% of your working capital. Had the japanese trader kept to these axioms of trading, she would not have lost all of her money.

@Sean-fj9pn

6 ай бұрын

Leverage doesn't matter, position size does.

This is isn't what I expected from this video

Mrs. Watanabe needs to not trade during ECB news.

24:50 hard to watch 😅

@HBill

7 ай бұрын

Like a horror scene 😂

@shxttyfx

7 ай бұрын

@@HBill”If I jump ship now” 😂

@HBill

7 ай бұрын

@@shxttyfx this will be a pointless gamble. I am being manipulated 😅😅.

Love this documentary. I trade forex, there're good times a really bad times, you can lose your shirt and go very broke as fuck.

bro the thumbnail gave me jumpscares.. wth

Never trade without a stop loss order. :p

@kendellfriend5558

Ай бұрын

She had a stop order but she held her grades over the weekend. The market was also too quick for her to react. As soon as the earthquake and tsunami hit, the yen lost value. When the power plant hit, it caused speculation of a national disaster which would force Japanese companies to repatriate assets back to Japan since they mostly hold foreign assets. When the markets opened Monday morning, the yen opened like 3 yen down against the USD. That’s a HUGE weekend move. Her account wasn’t just wiped up she owed money after because her account couldn’t be liquidated.

I don’t agree with the brokers statement yu don’t have to risk 3000 to make 10000

Great documentary but given that she didn't even begin checking the forex news before trading the euro is....I mean eventually you even know which days of the week and time you should be double checking that before entering any trade. Yeah here's a financial tip for you all, don't buy her book or course.

❤

Doom coming for mrs wantanabee

u don't need GOD's help to earn in forex...u just need insider info & super fast algo machines

Planet Finance,....A world full of monsters

WE ARE LIVING MATRIX PHYSICALITY MATERIALS EARTH REALM, WHERE EVERYBODY(99%) IS ENERGIZER🔋 BATTERY UNIT. ONLY THE 1% OWNER THE 99% IS THE WINNER🏆.

Money isnt real. Dont chase it. Youll win more.

Great video, but no person in debt should ever be encouraged to trade Forex. With leverages involved, and without a hefty account capabe to witstand sometimes wild fluctuations and avoid margin calls, this is akin to plain gamble. In short, recipe for disaster. Hope she was lucky, although luck is the last thing one should depend on trading foreign exchange...

I bet She Makes More Money by Selling Courses by leveraging on People's Inability to Make Profit, then she Have had made in her entire Trading Course

I am Maximus trader

❤❤❤👌👋👍

first here

It is scam, how can japanese yen rise, when there was disaster

Praying to the demon Mammon won't save you

As a long only equity investor managing client's money, I can tell the only winners in trading are brokers. People are absolutely stupid to speculate on borrowed money, it's an addiction that needs therapy.

The Japanese FX "Trader" selling courses is a scam. I don't know anyone with edge selling courses. They guard that edge with their life.

@JoanneMiller-qv7yb

3 ай бұрын

I lost over $20k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that’s what everyone said. I’m still responsible. it just taught me to be a better investor now that I understand more of what could go wrong, it took me over two years of being in the market, I’m really grateful that I found sources to recover back my money, at least $3k profit weekly. Thanks to Annette Margaret. She help me manage my portfolio from $5000 to $8000 on weekly basis.

Lmao this guru is making a million a month from fees of these cluecless watanabes HAHAHA

She's hardly even a beginner LoL!

Couldntt have sad it better making money of others tragedy,and suffering

SHE MAKES MORE MONEY THRU THESE FAKE TRADING "COURSES" THAN THE TRADING ITSELF I GUESS..

能登半島地震 急に円安

17:22 Should be minority will be good idea. Dont share what is problem in our life.

Forex guru she dont know the basics😂