2015年5月15日金曜日

Margin FX trading overview

Margin FX trading overview

FX is the abbreviation for Foreign currency Exchange. FX trading is similar to exchanging currency at money changers. However, an exchange fee from an FX company is so cheap that we can earn money through it.

Suppose the exchange rate is 45 pesos to the dollar and I deposit 5 million pesos in my account (Actually, I deposited Yen because I’m a Japanese), I can buy 100,000 dollars for 4,500,000 pesos. I can ignore the exchange fee because it is very small. If I sell 100,000 dollars when the exchange rate moves up to 46 pesos to the dollar, I can get 4,600,000 pesos. This means that I will earn 100,000 pesos.

Margin FX trading allows us to buy a greater amount of currency than what we have deposited.  If the FX company offers me a maximum leverage rate of 20 :1 and I deposit 5 million pesos when the exchange rate is 45 pesos to the dollar, I can buy 2,000,000 dollars. If I sell 2,000,000 dollars when the exchange rate moves up to 46 pesos to the dollar, I can earn 2,000,000 pesos, which is 20 times as much as leverage rate of 1:1.

If the currency rate moves to the opposite way of my forecast, I lose money.


The advantage of margin trading is that I can earn greater returns on my trades. However, I may incur greater losses as well.

2015年5月14日木曜日

self-introduction May 14 2015

I’m Koichi Ishida, but you can call me Tony. Tony is my English name.

My hobbies are watching movies and riding a motorcycle. To watch blu-ray 3D movies, I brought a Playstation 3 from Japan. And I bought a motorcycle in Talamban.

I have lived in Talamban, Cebu since April.

I’m an individual investor. I mainly invest my money in margin FX trading. FX trading is similar to exchanging currency at money changers, but an exchange fee at an FX company is so cheap that we can earn money from it.

Earning money from FX trading is quite difficult. Most FX traders are losing their money but, I’m making profit.

My strategy is that I don’t look at charts of currency rates so much. Instead, I read a lot of business news, grasp global economic trends and choose currencies to buy or sell. 

Reading news takes so much time that I can do nothing else. So I said to myself, “What if I hire a Filipino assistant? He will read the news and write reports about economic trends. I can save time.”

Then, I looked for someone who has economic knowledge. But I realized it’s so difficult to find such a person. My plan hit a wall.