Foreign Currency Trading Championship Competition Rules
I would like to introduce the competition rules for the 2025 1st All-Japan University "Foreign Currency Trading" Championship, which starts on Monday, July 7th.
The outline of the rules for the first competition is as follows. Although I thought about the competition rules quite seriously when organizing the tournament, I haven't actually run it yet, so I'm sure there are blind spots. I believe we can improve it further from the second time onwards by incorporating the opinions of the participants. It will be something wonderful by v3.
Starting capital is 100,000 yen
Use the Sony Bank app's foreign currency trading to increase it as much as possible over 10 weeks
You are free to ask anyone or look at anything
The player/team with the highest total balance at the end wins
Regarding Sony Bank's foreign currency trading, you actually cannot trade 24 hours a day, 7 days a week. Trading is suspended from 5:56 AM on Saturday to 8:00 AM on Monday. Since the first tournament starts and ends on a Monday, you can only start trading from 8:00 AM on the first day, July 7th (Mon). Also, you can only trade from 8:00 AM on the final day, September 15th (Mon), and since trading is suspended for about 26 hours starting from 5:56 AM on Saturday, September 13th, it seems like it will be quite nerve-wracking just before the end of the tournament.
Furthermore, there are only two ways to increase your total balance.
Buy foreign currency or yen at a low price, or sell at a high price
Accumulate interest
Until now, I think investing was not something people talked much about in terms of what they were doing or the details. There are many blogs and YouTube videos that introduce ideas, tips, and techniques, but they are difficult for anyone other than those already investing to understand. Even if they serve as teaching materials for existing players, I think the content is hard for those who haven't actually experienced it to grasp.
On the other hand, if clear competition rules are set and people compete earnestly, and the participants introduce the details concretely and openly, it will be easy to understand what kind of movements are actually happening. I think even beginners will be able to clearly feel how much is possible and that there is still risk involved even when doing it seriously. To use a slightly bold example, just as once someone runs the 100m in under 10 seconds, many people suddenly start running in the 9-second range, I believe that if people know the specific movements and practice methods of others, the competitive level of that event will rise dramatically and spread to many people.
Of course, since it is a competition, the level of this tournament may rise in the future, and while it will be fun to watch, it might reach a level that is difficult for the general public to imitate. That, too, could be said to be an improvement in Japan's foreign currency trading and investment technology. It is a world I sincerely hope for.
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