“Featured in Toyo Keizai ONLINE column” I bought four books and read two.
Good morning, this is Matsushita.
Last week, I bought four books related to stock investing.
1. Kirita-san's Shareholder Benefit Life
2. Earn 100 million with Value Stocks Expected to Promote Benefits!
3. Buy Stocks That Will Rise
4. You Can Win! "Benefit Stock" Investing
I finished reading the first two books yesterday.
When I look at these titles,
some people might think,
"So Matsushita is going to promote shareholder-benefit stock investing next, huh?"
You might smile. (laugh)
This does not mean I am going to promote shareholder-benefit stock investing from now on,
but rather, I read them to learn what people called "shareholder-benefit investors"
think,
and from what perspectives they invest,
and I bought them to gather information for a broad understanding.
I read them for the purpose of information gathering.
Learning investment methods and strategies in areas I have not looked at
is very interesting and informative.
Yesterday, in the words of v-com2, the author of book 2,
I found the phrase
"There is not a single correct answer in stock investing."
and I felt,
"This person understands,"
as I read with empathy.
The other two books, I have already skimmed through,
but strangely with these kinds of books,
the most important things are often not written.
That is, when applying the investment methods and strategies,
they do not say
"Which stocks to buy?"
"How should I allocate funds?"
and regarding position sizes and injected capital,
and
"In some cases, stop losses are important"
is written, but
they do not specify exactly when, at what points
to enact stop losses.
In schools and seminars,
I repeatedly explain
that
the
"specific buy/sell size and concrete stop-loss location and justification"
are rarely written in most books.
I don't know whether there is a deep intention from the authors,
or if there is no clear justification.
However, after reading these books,
if you dream of the investment method or strategy and
start practicing with expectations and hopes, it can be fatal for investors.
Whether in stock investing or forex,
to buy something, sell, and settle profits,
in order to make profits,
from start to finish,
"the buy/sell size and stop loss" are the lifeblood.
When you read investment-related books, columns, forecasts, products, or teaching materials,
pay attention to whether there is detailed information on
the specific profitable buy/sell sizes and stop-loss (take-profit) points.
To realistically make a profit,
these are absolutely necessary and the most important elements.
I will read the remaining two books soon and share my impressions later.
There was a sense that,
this one point remained disappointing.
ps
All teachings of Makoto Investment School
are structured with the necessity of concrete buy/sell sizes and highly advantageous
stop-loss and take-profit points.
If you have never learned
the method for calculating buy/sell sizes or
the stop-loss points necessary to make profits,
please join us.
That is a fatal gap in investing,
and if left as is, you may never consistently earn profits,
or your profits may be unstable.
