The words I cherish [Water Travel]

As an investor, do you have sayings or way of thinking that you take to heart as lessons? In the world of markets, there are many famous quotes and proverbs passed down through the ages. Noriyuki Mizukami is said to be strongly aware of the phrase “the market is not just a one-off event” when trading. This time, let’s learn the true meaning of that phrase.

*This article is a reprint and edited version of an article from FX攻略.com June 2019 issue. Please note that the market information stated in the text may differ from current market conditions.

Noriyuki Mizukami Profile

Mizukami Noriyuki. President of VNya Market Focus. Born in 1978. After graduating from Sophia University with a degree in economics, joined Sanwa Bank (now MUFG Bank). After five years in branch work, worked as a currency dealer in London, Tokyo, and New York. Known in the Tokyo Foreign Exchange Market as “Mizukami of Sanwa.” Served as Foreign Exchange Department Head at Dresdner Bank. In 1996, served as Head of Foreign Exchange and later Head of FX Sales at RBS Bank. Since 2007, President of VNya Market Focus. Highly regarded for his precise market forecasts based on years of experience and knowledge.

Think that the market is not a one-off event

I constantly tell myself the phrase, “The market is not a one-off event.” In this article, I will explain this phrase and introduce related expressions as well.

When the market starts to pick up, it’s common to pressure oneself with thoughts like, “If I don’t enter the market now, what am I doing?” However, forcing oneself in doesn’t always yield good results. In fact, it often leads to trouble, as one may enter the market prematurely before the right timing has come, and then struggle afterward.

Therefore, I think it’s important to shift one’s mindset and consider that the market is not a one-off event. By thinking that the market is not a one-off, you can avoid pushing yourself and instead relax your mind. With that, you may be able to see the true timing to enter the market.

There is a market that suits you. Instead of trying to take everything, focus on trading the markets you are good at. Even if you miss the current market, if there is a major trend, it is not too late to enter after it starts moving. I believe this is crucial in controlling the urge to rush.

Trading ultimately depends on how well you control rising desires, especially the fear of missing out on profits. Ultimately, I think successful trading requires finishing trades calmly without revealing emotions.