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Today, let's talk about the Japanese foreign exchange trading legend "Mrs. Watanabe"—Yukiko Ikebata.
After the millennium, Japan's economy was sluggish, interest rates were extremely low, and housewives flocked to forex trading, with Yukiko Ikebata standing out. She used unique strategies, such as RSI divergence, to profit significantly in the market, and often wore kimono to attend seminars and share her experiences through books.
However, some skeptics argue that she simply rode the wave of the era's opportunities. From 2000 to 2007, the currency pairs she mainly traded were in trending markets after hitting historical lows, and she exploited yen low-interest arbitrage, finally exiting at market peaks to avoid the 2008 financial crisis.
But don't forget, before trading forex, she had been active in the stock market for over ten years, from listening to stock tips to independently researching strategies. Choosing advantageous targets, riding the trend for profit, and discovering arbitrage opportunities—these are all skills.
Just like in the crypto world, with Bitcoin's 10-year history and the 2016 bull market in the A-shares, only a few can make money purely by luck. In trading, both skill and luck are important. We must continuously improve our abilities while seizing the luck given by the times if we want to go further in the crypto space!