Gross Assets of This Week
Here is the status of gross assets.
This Week's Status
- This week's investment income is JPY 372k.
- As reported in the Automated Forex Trading page, Toraripi made a profit of JPY 45k.
- Last week was terrible as "ユロっとおにー" (Hirose LION FX) hit the stop limit. I start to use LIGHT FX this week for "ユロっとおにー" and it works well.
- The reason of the transfer to LIGHT FX is the spread looks better around 6:05.
Goals
Unfortunately I could not achieve the goal of 2023, I have moved back the goals.
As the biggest goal is not to be ejected from the Forex market, I would like not to overcommit the goals (although I will continue to think how to improve the profit rate).
Profit Goals
- Dec, 2024
- JPY 250k/week (12.5M/year)
- Dec, 2025
- 360k/week (18M/year)
- Dec, 2026
- 400k/week (20M/year)
- The biggest goal: NOT to be ejected from the Forex market
- Avoid excessive risks even if it is to achieve the profit goals.
*The annual profits listed are on a 50 week basis and it will be slightly upside with 52 weeks.
The goals for March 2023 is achieved only with automated trading in some weeks, but I cannot say that it is achieved "on average". So, I will continue to work on improvement.
As it seems difficult to achieve the goals for 2024 and beyond only with Forex, I will consider how to achieve them including means.
(Though I do not want to remember my work at the company too much💦) when I was a company employee, I was able to overcome high goals that I felt impossible by considering how to acheieve them.
After quitting the company and starting the life of FIRE, I will do nothing if I don't set a specific goal. Thus I set a goal. I will whip myself!
Supplementary Information on Gross Assets
In order to increase income as much as possible, I am reviewing the settings and making additional settings, and am reporting the current settings collectively in the category, Automated Forex Trading.
In the future, I would like to consider further additional settings, it will be reported in a timely manner.
Supplementary info
- The gross assets are under my control. I don't include the account that I put our family's living expenses or my wife's asset. (I am only showing the assets which are visible to me.)
- The asset status does not include unrealized gains and losses. (When there are lots of unrealized losses, the actual gross assets will be decreased.)
- The week-over-week value shows a pure increase or decrease. If there is an asset transfer, it is not reflected.
- If transferring assets from deposits to investments, the transferred funds will not be reflected in week-over-week investment gains and losses.
- Additional funds from the assets which are not shown here might be added later in case I decided those can be used for investment. In such case, gross asset can be increased regardless of week-over-week gain.
Milestones
JPY 10k
It took 1 year and 5 months to reach JPY 10M of investment profits.
As I can reach the next milestone of 20M earlier, I will consider the plan.
