Why Can’t Kurumi-chan Cut Her Losses? 5ch Weighs In: ‘It’s Hard to Lock In a Loss’

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The story

The timing of an episode of the anime “FX Warrior Kurumi-chan” lining up with real-world news reports of an FX account hack — “4.3 million yen → 6,000 yen” — became a hot topic on 5ch. The thread moved from explaining how the actual unauthorized-login scheme worked into a discussion of the psychology behind why Kurumi-chan can’t cut her losses in the show. Replies explained the difficulty of locking in a loss through the lens of behavioral economics, while others joked around using coin-flip probability theory.

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・Ignore trolls and flame bait completely. Deletion requests: http://qb5.5ch.io/saku/

Source: fxkurumi-info.com / original article here

What people said

76AnonymousOct 23, 2026 23:39
FX traders report damage — 'Account went from ¥4.3 million to ¥6,000' — PHP shock continues [907330772]
https://greta.5ch.io/test/read.cgi/poverty/1792765970/


And here the anime was hyping things up, only for this to pour cold water on it.
81AnonymousOct 23, 2026 23:59
Re: #76
If it's true they even built systems that didn't need to be in PHP that way, just because it's easy… that's something else entirely.
85AnonymousOct 24, 2026 00:18
Re: #76
This is bad news. Will they even compensate for it…?
97AnonymousOct 24, 2026 00:56
Re: #76
A MT5 screen showing -¥6,000,000 is terrifying
https://youtu.be/MuMyHONzmPQ
113AnonymousOct 24, 2026 01:47
I don't know much about FX tax rules, but if you hold both a long and a short position and only close out the losing one — down around ¥1.8 million — before year-end, couldn't you avoid paying tax that way?
Well, the winning position just carries over into next year, though.
115AnonymousOct 24, 2026 01:56
Re: #113
For individuals, unrealized gains aren't taxed unless you actually lock in the profit.
126AnonymousOct 24, 2026 03:26
The daughter who got caught stealing money from her parents

The daughter who buys her parents a gift with her first part-time paycheck
129AnonymousOct 24, 2026 05:42
Re: #126
Seikei beats Rikkyo after all, huh (comparing Japanese private universities)
128AnonymousOct 24, 2026 05:42
Is 500x leverage considered seriously extreme in the FX world?
133AnonymousOct 24, 2026 05:55
Re: #128
And this is the reaction to just 20x
136AnonymousOct 24, 2026 06:06
Re: #133
Why are you hesitating?
177AnonymousOct 24, 2026 09:20
At what point did the dad actually notice? He seemed suspicious as soon as he showed up this time.
183AnonymousOct 24, 2026 09:30
Re: #177
Probably, if she hadn't had a part-time shift and had gotten home before her dad, she wouldn't have been caught. Still a mystery why the monthly cash stash under the mattress had grown into a ¥1 million bundle.
188AnonymousOct 24, 2026 09:39
Re: #183
Theory: the timing of coming home from her part-time job had nothing to do with it. To begin with, Kurumi's assumption about the end-of-month deadline (6/26~) is wrong in the first place — normally, salary gets paid in on the 25th…
194AnonymousOct 24, 2026 09:46
Re: #188
Because they weren't living that kind of hand-to-mouth, bike-to-the-ATM-the-day-payday-hits lifestyle just to cover living expenses or top up the cash stash.
187AnonymousOct 24, 2026 09:38
Why didn't the dad just put the money in the bank?
191AnonymousOct 24, 2026 09:40
Re: #187
Keeping cash stashed at home was probably just his thing.
192AnonymousOct 24, 2026 09:41
Re: #187
Because it's safe from cyberattacks.
195AnonymousOct 24, 2026 09:48
Re: #187
You'd keep around ¥3 million on hand, right? It's silly to eat ATM or bank fees every time you suddenly need cash.
298AnonymousOct 24, 2026 14:18
Probability theory
299AnonymousOct 24, 2026 14:22
Re: #298
If a coin lands heads 10 times in a row, there's a good chance that coin is rigged to land heads — so it's more likely to keep landing heads after that too.
315AnonymousOct 24, 2026 16:11
Re: #298
Lol wait, was this actually a bit from the Kurumi-chan manga?
391AnonymousOct 24, 2026 21:41
393AnonymousOct 24, 2026 21:47
Re: #391
I see…
So this is how easy it is to rake in huge profits with FX, huh lol
423AnonymousOct 25, 2026 01:17

Kurumi-chan is definitely being sold off for this exact same kind of speculative reasoning too — so why isn't she getting slammed for it?
424AnonymousOct 25, 2026 01:35
Re: #423
Probably because with investing, you reap what you sow.
477AnonymousOct 25, 2026 09:40

Logging out properly is actually the key thing. Even if you set a complex, unique password for every site and use multi-factor authentication,
staying logged in is what gets you hijacked.

It's not the user's fault at all — it's the site cutting corners — but since that's become the norm, it's not getting fixed anytime soon.
488AnonymousOct 25, 2026 10:23
Re: #477
Especially with financial institutions — don't they automatically log you out after about 15 minutes of inactivity?
596AnonymousOct 25, 2026 13:47
Re: #477
In this case, because the MT4 auto-trading tool runs on GMO's servers constantly watching for triggers to buy and sell automatically, MT4 needs to stay logged in to the FX company at all times by design.
489AnonymousOct 25, 2026 10:23
I'm a total amateur, but can someone explain simply why Kurumi-chan can't cut her losses?
492AnonymousOct 25, 2026 10:25
Re: #489
Simply put, it's because she only ever thinks about prices going up. It's the same as someone who's never prepared for an earthquake freezing up when one actually hits.
494AnonymousOct 25, 2026 10:36
Re: #489
The show explained the psychology behind this before — people can lock in a profit easily enough, but very often struggle to lock in a loss. Rather than accept a certain loss, people tend to gamble on wishful thinking that the market might turn around, even at the risk of the loss growing bigger.
608AnonymousOct 25, 2026 14:11
Re: #489
Say you've dumped ¥80,000 into a pachinko machine that's still capable of a big comeback, and you've still got ¥20,000 left in your wallet — could you really walk away and lock in that ¥80,000 loss?
495AnonymousOct 25, 2026 10:44


I tried this myself and yeah, it came out roughly like that, but since both options have the same expected value, it's really just a matter of preference.

Failing to cut your losses is clearly a losing move, so a survey like this only means something if it shows people picking the option with the lower expected value.
499AnonymousOct 25, 2026 10:51
Re: #495
I think the point is that if the expected value is the same, you'd naturally expect something close to a 50/50 split, yet a big gap shows up instead. If the result had people picking the lower-expected-value option, some people would probably start doubting the survey itself — so this version has its own value too.
501AnonymousOct 25, 2026 10:55
Re: #495
This didn't really click for me as 'the reason people can't cut losses.' What about people who can't take profits either?
551AnonymousOct 25, 2026 12:24
Even if you invest during a period when the stock market is stagnant, it's still a positive-sum game where the market keeps growing over the long run.
FX, on the other hand, is a zero-sum bet on currency ratios, and margin trading on top of that makes it a punishment game where you also risk losing your capital.

You can tell FX believers are pretty foolish, right? lol
556AnonymousOct 25, 2026 12:31
Re: #551
As long as you can hold on. That's exactly the difference between Kurumi-chan's theory and your own actual money.

If it plays out over a decade (though who can really tell), not cutting your losses while averaging down turns into collecting dividends.
557AnonymousOct 25, 2026 12:33
Re: #551
The stock market as a whole expands, but individual stocks don't necessarily work that way…
564AnonymousOct 25, 2026 12:43
Re: #551
I do think FX is foolish, but the idea that the market keeps growing forever is also an illusion — same as how a pyramid scheme can't possibly keep paying out forever.

Background and Key Points of This Topic

“FX Warrior Kurumi-chan” is a series centered on FX trading, and the main character’s episodes of huge losses frequently become talking points. The “can’t cut losses” phenomenon discussed in the thread is commonly explained in behavioral economics through loss aversion (prospect theory), a psychological bias, and the thread’s discussion largely followed that framing. Meanwhile, the opening report about an account going from “¥4.3 million to ¥6,000” is a separate, real-world incident unrelated to the show’s fictional loss storyline, reportedly stemming from how auto-trading systems like MT4 keep sessions logged in at all times. Because the broadcast timing happened to overlap, the two have ended up being discussed as though they were one topic, but readers should note they are in fact separate matters.

*This article is excerpted and summarized from the 5ch (anime) thread “FX Warrior Kurumi-chan -¥80,000.”

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