Japan forex traders reddit. com, a trading forum run by professional traders.

Japan forex traders reddit Forex trading is my life and it's been helping me to be free from world's struggles. (Of course with t Welcome to FXGears. Also welcome in this sub, are people who are a part of the Abroad In Japan Universe - Sharla, Ryotaro, Natsuki, and a few others! u/Trend-liner-in-Japan: Hi, I'm a Japanese forex trader. github. given my current situation, not that good in the language but ironically I'm Japanese in paper so that may be a good or Welcome to FXGears. The best retail day traders in modern times that I've ever heard of were two Japanese day traders. Takashi Kotegawa, a. The answer to both questions is generally no, but there are some edge cases where the answer may be different. E*TRADE's forex trading services allow clients to trade in a range of currency pairs, including the US dollar, euro, Japanese yen . com's Reddit Forex Trading Community! Here you can converse about trading ideas… The Real Housewives of Atlanta; The Bachelor; Sister Wives; 90 Day Fiance; Wife Swap; The Amazing Race Australia; Married at First Sight; The Real Housewives of Dallas Welcome to FXGears. Please and I mean please trade on a simulator first like for the first month do not dive into trading without education or a pro helping you out. Listen, traders blow their eval accounts so easily at prop firms. 50-1. So you can't use a miscellaneous crypto loss (taxed at marginal income tax rates) to offset forex margin trades that are subject to the flat 20% rate. Only trade one account at a time. However, we are in the process of putting together this Essential Forex Trading Guide that covers pretty much everything you need to know about trading in the Forex market including Fundamental and Sentiment Analysis, Risk Management, Trading Psychology, Price action, Technical Analysis, Trading Tools, Rules and Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. Discover how Japan regulates and taxes forex trading, the best trading times, and an example trade. If you are a trader based in Japan then you will need to trade with locally based or regulated brokers. I plan to open multiple trading accounts, put a small amount of money in each account, and trade with high leverage. And CIS (I don't know his real name), who turned $30,000 into about $150 million in about a decade. Evaluate the range of trading services, focusing on forex trading, CFD trading, and multiple asset classes to ensure versatility. Watanabe (Japanese retail forex traders) at trading ? Related Topics Reddit Ask Online community Social media Mobile app Meta/Reddit Website Information & communications technology Technology Wiki at: https://japanfinance. S and studied Psychology Welcome to FXGears. More actual professional traders use Ichimoku than any other system. After an initial period of drawdown, I managed to pull back and secure some modest profits of approximately ¥15,000. Dec 3, 2024 · Selecting the best trading platform in Japan involves assessing key features to suit your trading needs. Here, I'm sharing everything about myself, including my upbringing, my journey to study psychology in the United States, my time living in Sedona, AZ, and how I became a successful forex trader Welcome to FXGears. Welcome to Forex sub-Reddit! Feel free to discuss about Forex trading strategies, Forex trading platforms, share experiences or participate in threads you find interesting. For forex I’m with xmtrading and crypto is Binance. Hello, it's Kei! I was born in Japan 1982 and went abroad after high school to the U. Now that I am back live trading (I still practice with the demo even though I'm live) I have scaled down my trading expectations. Many traders aren’t traders and sell products. Does anyone have any experience trading FX in Japan, knowledge of specific laws, or recommendations for brokers? Thanks for the advice ️. I'm looking to move to Dubai from EU, permanently, and I am not sure how exactly to do this, since I don't have the funds yet to get the Residence VISA through 1,000,000 AED in Six months ago, I opened a SaxoBank trading account and started doing spot forex trading with USDJPY pairs. As a trader, who also works a full time job and has the residency done by the company I'm planning to leave my job soon and become full time trader as I'm profitable and have enough funds to focus on my trading journey. Forex trading scam Instagram. com's Reddit Forex Trading Community! Here you can converse about… Welcome to FXGears. Answer is obvious. Hi guys, I'm hoping some fellow Forex traders could help me out with the VISAS. It is symmetrical in long, short directions. Despite reaching what were previously considered "red line" levels, Japanese authorities have yet to step in, leaving traders and economists pondering the potential for intervention. Welcome to FXGears. You don’t see them because they aren’t on social media or have a very small following. Finding a good broker isn’t easy, so we have compiled a list of the best Japan brokers for you, based on our research and user feedback. They also have data that shows their traders keep accounts longer than other prop firms. Exclusively a JPY trader here so I'll outline my thoughts on the situation hopefully it will help. I was talking with someone here on this Reddit a few days ago about the exact same thing, while yes the JPY in theory should continue to slide against most foreign currencies for the foreseeable future, that shouldn't stop you from still buying up the JPY in the short term. Interest rate on us government bonds is increasing relative to the debt heavy japanese economy, making us debt relatively more attractive. 378K subscribers in the Forex community. It works on all time frames, it is absolutely deadly on small time frames. There are, in fact, many traders who do make more trading than their teachings, if you think otherwise, i have nothing more to tell you. you shouldn't trade forex if you don't understand how foreign debt works. so I wanted to ask the good people here if there's a way to do so. As they use to beat Wall Street traders frequently and now their plays are taken seriously by the algorithms and weighted higher than say the average American. com Aug 8, 2024 · Learn how to trade currencies in Japan. Forex, or foreign exchange, is the market where currencies are traded, and it is the largest financial market in the world. Posted by u/Kylie2910 - 4 votes and 4 comments Babypips is good for basic retail trading concepts and is worth completing. This is why: they have restrictions in place to help you keep your evaluation and funded accounts. 368K subscribers in the Forex community. If you're from the US forex is nearly pointless unless you're interested in investing overseas. Hello, my name is Kei and I am a full time Japanese Forex trader. I would like some input about the Monex Brokerage trading platform, specifically: "Do their Japanese candlesticks increase in size in width with increased spacing without any width limit ?" As the sun rises in the East, so do the opportunities for savvy traders like you! 🌅💡 In this article, we'll unveil the top currency pairs to focus on during the Asian trading hours and how you can maximize your profits with funded forex accounts. Does E*TRADE Offer Forex Trading? Yes, E*TRADE does offer forex trading to its clients. Obviously things are a little different if you're a professional forex trader though (as in, it's your full-time job). 💰📈 Stocks, options, crypto, commodity seem to be more common among quant traders. Note: i said fully true. com's Reddit Forex Trading Community! Here you can converse about trading ideas… Wiki at: https://japanfinance. I've been working for quite some time in japan now and I haven't really started investing. My idea is to short the yen in the long term. I try and make 4-8 trades per trading session, with the intention of making anywhere from $20-$60 profit (or hopefully more) per trade at trading 0. Because forex trading requires leverage and traders use margin, there are additional risks to forex trading than other types of assets. I also want to learn how to trade stocks but my limited Japanese can't really handle going to firms or taking lessons. Without any teachers or mentors, I self-studied strategies and put so much effort on studying and practicing, however, I kept losing and blowing accounts, then finally got depression. My question is for the traders who are based in Dubai and don't have a work here, or have other businesses. No need to worry about borrowing shares. See full list on benzinga. a. Jan 1, 2025 · Are you looking for the best forex brokers in Japan? We reveal the top 10 forex trading brokers authorised by JFSA. 27 votes, 12 comments. I know of nothing better for one minute charts. Scammers may use a variety of tactics to defraud unsuspecting people of their money, including: Promising guaranteed profits: Legitimate forex traders know that there are no guarantees in trading, but scammers may Welcome to FXGears. Watanabe are now tracked by many Wall Street Firms, as in their trading activities. So your 2020 forex losses can be deducted from your 2020 forex gains (and any other "miscellaneous" income you have during 2020), but they can't be deducted from your salary income, etc. It will show you a different way to enter and exit the market. I think the yen will continue to depreciate because the Bank of Japan has given up its intervention measures. If you do decide to trade forex, it is important to do your research and choose a reputable broker. I can give you some insight into day trading futures, I have 20 years experience in watching, trading S+P 500, Nasdaq 100 futures. I'm an American living in Japan, and I'm only doing paper trading now. 50 lot size on average. Japanese housewives, or Mrs. Hello everyone. During my 9 years of full time trading carrier, I have struggled for the first 2 years. A witty Brit who's goal it is to create entertaining and educational videos about his life in Japan. com's Reddit Forex Trading Community! Here you can converse about trading ideas… Welcome to FXGears. BNF turned $13,000 into $153 million in 8 years. What really stunts many traders, that I’ve heard the most about personally, is binge watching videos and getting information overload then coming into a real live market forgetting everything or overlooking critical steps in determining market structure, entries, stops, and so on ESPECIALLY Welcome to FXGears. If there is a loss, trade in another Welcome to FXGears. I’m with interactive brokers and Webull for dividends, buying penny stocks and trading options. k. I use pyramiding… 💎 System : Japan BTC 🎲 Category : Expert Advisor 🖥 Platform : MT4 💶 Currency Pair : BTC 📟 Trading Time : All sessions Welcome to FXGears. I encourage anyone who’s serious about becoming a full-time forex trader to join Kei’s program. It's language, particularly what country you live in. Wiki at: https://japanfinance. A career as a computer programmer can be more stable and profitable. How good were Mrs. Managing your personal financial assets (trading shares, crypto, etc. io/ Whether you're a new resident with questions about credit cards and cashless payment options, a long-term resident curious about pensions and life insurance, or a digital nomad wanting to talk crypto gains and tax treaties, this is the sub where you'll find informed discussion, friendly advice, and high-quality answers with links to reputable sources. ) is considered "incidental to everyday life" and thus falls within one of the exceptions to the rule that work visa holders may not engage in remunerative activities outside their status. 323K subscribers in the Forex community. It has absolutely nothing to do with ancient japanese calendars and other lies and nonsense spread about by people that can't even trade. Kei’s forex strategy was a completely new concept to me and one that will stay with me throughout my forex journey. Or they pass and blow their funded accounts the same or next day. Currency prices are constantly fluctuating, but at very small amounts, which means traders need to execute large trades (using leverage) to make money. But you can use a loss on an OTC derivative trade (subject to the flat 20% rate) to offset the profits resulting from a forex margin trade (also subject to the flat 20% rate). The Japanese yen has recently hit a 34-year low, with its rapid decline raising eyebrows across global financial markets. Add your thoughts and get the conversation going. In one of the above articles , many housewives kept it a secret they trade. Why is forex not mentioned more often? Is my perception incorrect? Why are you not trading forex? I choose forex for its many attractive characteristics: It is the most liquid market. But if the trading becomes so t In the last 6-8 months I've read every single thing that involved forex trading. com, a trading forum run by professional traders. 100% agreed , I haven’t taken up live trading yet myself but have been learning as much as possible. Forex trading is a complex and risky endeavor that requires a lot of time, effort and money. Action Movies & Series; Animated Movies & Series; Comedy Movies & Series; Crime, Mystery, & Thriller Movies & Series; Documentary Movies & Series; Drama Movies & Series Risks of Forex Trading. Thanks Kei for everything!” Welcome to FXGears. Unfortunately, there are many forex trading scams on Instagram and other social media platforms. 375K subscribers in the Forex community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. I've made the capital 10-100 times several times during the past 2 years. While the sum is small, I'm unsure how to handle the tax implications of this income. Abroad in Japan is a YouTube channel created by Chris Broad. Nobody's responded to this post yet. I haven't made a single trade in the last 3 days due to re-evaluating my strategies. Two weeks ago I've started trading live, made an initial deposit of around $3000, now my trading balance is lighter by ~$500. Despite the opportunity for profit, the vast majority of traders lose money. But if you're from Japan forex is key to most of the profitable trading strategies the Japanese employ, because they make money on the currency trade as well as the investments they hold. My name is Kei, pronounced just as the letter "K," and I'm a professional forex trader and mentor based in Dubai (formerly located in Tokyo, Japan). hpnsze qtwif xccry vlkq ocyr ipyxxubg gxaaqfok umuls elpeju slsyv