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.

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.

Sexism in Japan 23 Sep 2014

I am a Japanese. I had have English lessons from Filipina teachers in Cebu City. I talked about sexism in Japan with a teacher on a discussion question in a lesson. I answered that women and men are equal in Japan. The answer came from my experience.

I myself have not ever seen sexism in Japan, but it is reality that stiff sexism exists in Japan. I realized it from a research by Akira Kawaguchi and Chizuko Ueno.

I will have English lessons in Cebu City again. I write this essay to be a material for the lessons in the future.

The research revealed that some (almost?) Japanese companies have got profit from sexism. The employment system discriminating against women allows the companies to employ women as temporally staff on low wages, even if the women has excellent skills. The discrimination against women is a rational attitude for companies which pursue profit.

However, this unfair employment system prevents the companies employing productive women, because excellent women can leave a sexism workplace for better one. And it makes the companies' productivity lower in long term. That sort of unfair companies will be defeated and withdraw from the market, especially the global competitive market.

Some people claim that there is no sexism in Japan. I suppose they have not ever seen sexism in Japan like me.

My mother died when I was 4 years old. I had been raised by my father. I have not ever seen sexism in home.

I had worked as an engineer for several companies. I saw a skilled female engineer was promoted, but I have not ever seen something that looks like a glass ceiling. An engineer is required her or his skill rather than gender. And I am so impatience that I quit my jobs too quickly to see a glass ceiling. Of course, female and male engeneers got the same wages for the same jobs.

I suppose that some people claiming that there is no sexism in Japan have experiences similar to mine.

Sexism has various aspects. The research sheds light on an aspect of sexism. We Japanese need to overcome sexism.

参考文献

上野千鶴子 ネオリベと女性差別が少子化を生み出した 文藝春秋オピニオン 2013年の論点100

上野千鶴子 比較ジェンダー・レジーム論の構想 ジェンダー社会科学の可能性 第1巻

私は川口章さんの「ジェンダー経済格差」を読んでません。上野さんが言及してるのを読んだだけです。

EUR/GBP forex on 16 July

I sold EUR/GBP at 0.79114 on 16 July. I paid 4.0338 HKD of rollover interest. I took 326.7365 HKD of profit from closing the EUR/GBP position at 0.78991.

Now, EUR/GBP is from 0.79054 to 0.79204.

I'd like to try EUR/GBP forex again.

At HSBC Cebu Branch

I applied for opening an account at HSBC Cebu Branch. The following is my questions and the relationship manager's answers.

I'm a Japanese. I'm a Premier customer of HSBC Hong Kong.

Do you waive or refund the fee for international money transfer between HSBC Hong Kong and HSBC Cebu?

Yes.

Do you waive the maintenance fee for my account at this branch?

Yes.

Can I use internet banking?

Yes.

Do you issue a ATM card today?

No. We need to get an approval. It takes a few weeks.

Do you post my ATM card and security device to my address in Japan?

Yes. We charge posting fee for it.

Can I use investment service?

Yes.

Can I buy unit trust?

Yes.

My trip to Dalaguete

My Filipino friend and I met at Metro Gaisano Colon at 13:00 on December 26.

26 Dec. 2013 14:47

My cell phone with a Smart SIM isn't available. But SUN is available.

15:30

Smart is available in Argao.

15:42

Smart isn't available!

16:03

Rodulfo's mother is 

Consen.

19:02

Smart isn't available at Ocean Bay.

19:27

I look at Orion and Milky Way clearly. Insects are singing. This is what I want.

Old Americans were relaxing on lounge chairs. One of them was reading a book on a Kindle.

Most of guests are old Americans. Some are Filipina. There's no Japanese except me.

27 Dec. 2013 06:21 AM

A Filipina girl are using SmartBro on the beach. My Smart buddy doesn't work.

The Shale Gas Revolution and the Philippines

I believe that the Shale Gas Revolution and reducing energy price are good to Philippine economy.

In comparison to China, the Philippines failed to develop manufacturing industry because of lack of infrastructure. The Philippines has developed service industry like call-centers and English language schools.

Service industries in the Philippines requires educated human resources. However, employment for many uneducated people is insufficient. It can be said “anemic”.

I hope Philippine politicians will make the use of the chance that will come with the US economy flourishing by the Shale Gas Revolution. Filipinos can get jobs which are contracted with American customers.