“I learned the reasons for profit.” A column is being published on Toyo Keizai ONLINE.

Good morning, this is Matsushita.

There has been a little gap, but

I have been continuing the introduction and commentary on the

personal investor survey conducted last month.

Last time, it was about the reasons for losses last year, but

today, I will introduce the reasons for profits among investors who earned gains last year.

Investors who made a profit last year accounted for only

about 35% of the overall market.

In simple terms, only about one in three market participants

could make a profit, and more than two out of three ended up with losses.

And the reasons for that slim winning group's profits were

1st: They could follow the rules and execute trades according to them

2nd: The rules worked

3rd: They did not enter until patterns appeared

4th: They had effective and executable fund management

5th: They started setting stop orders

These were the findings.

I was truly surprised when conducting this survey,

for a random sample of 201 market participants,

both the reasons for losses and for profits were

that those who could establish and execute trading rules

and manage funds won

while those who could not implement them lost—

a very simple result.

In investing, if you manage funds strictly and

decide on and execute trading rules, you can win.

This is the conclusion of the current Personal Investor Survey

and the result we can summarize.

This is the result from the 201 participants who answered,

and from the more than 2,400 readers who subscribe to the newsletter,

a very valuable fact and truth we have uncovered.

Since we have discovered such a valuable fact,

please make sure you implement it as well.

With strict fund management and the execution of trading rules,

those who have actually won and

those who have lost say the same thing.

Manage your funds,

trade according to your trading rules,

and turn this year's investments into profits for the year and for life.

Let’s make it profitable.