"If you have these three, you can win. But..." columns are currently published on Toyo Keizai ONLINE
Good morning, this is Matsushita.
When you read various news and columns every day on the Internet and in newspapers,
you can see that this year is in the midst of large and rapid changes.
That means we cannot predict what will happen next,
and in investing, that implies high risk.
High risk means there is also a strong possibility of
substantial profits when you succeed, but unfortunately,
in this situation, more people will fail than succeed.
Amid such a turbulent era,
can one continue to earn profits as before...?
The answer is surprisingly simple,
"Yes, you can make a profit."
What is needed to make a profit is
this much.
1. Money management
2. A trading rule with an edge
3. Consistency
These are not things that are swayed by the trends or changes of the era,
they are the fundamental and large elements of investing,
so you can profit regardless of external conditions.
However, ordinary individual investors
do not have these things.
Most investors do not practice money management.
They do not manage their capital properly.
Most investors do not trade according to trading rules.
Some investors trade in accordance with trading rules
but their edge is not sufficient.
And an overwhelming majority of investors
cannot continue under the same actions, trades, patience, and endurance.
Even amid drastic changes,
even in days of calm and steady routine,
the three things needed to earn profits in investing are
only three.
However, if you do not possess even one of these three elements,
you have no chance of succeeding in investing.
Investing is simple, yet deep.
In the end, only a very small number
of people reach that truth and
steadily continue to earn profits.
Do not rush, do not boast, do not force it,
please tackle your three challenges.
If you do, even in the year of turbulent changes
2017, profits will come your way.