Split purchase
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Serialized "Trading Philosophy" … 19
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When people say "cohabitation," the image was dark in the Showa era, but recently it seems quite "normal."
Cohabitation = marriage preferred, is not always the case, but in my opinion, a somewhat awkward phrase—an "experiment" in communal living—is rational and effective compared to marrying after only seeing the good parts.
"Split purchases are the first step of the technique"
At Hayashi Investment Research Institute, we present this explanation prominently.
If you jump in all at once, you tend to get into a state where you can't back out, so the idea is that a splitting mechanism is effective for self-control.
A careful, gradual, step-by-step approach, watching the situation as you step in.
Conversely, the exit is biased toward a straightforward direction.
Because you are withdrawing from positions you are already properly involved with, you should decide without hesitation, is the thinking.
But the other day, a practitioner we interviewed trades in the opposite way.
"Enter all at once, exit in careful installments."
Tamotsu Kaneko, a 225 futures trader and the so-called "lucky sage," carefully assesses and initiates positions to the planned amount all at once, then carries out detailed position adjustments afterward.
The interview is『Research Subcommittee Newsletter』September 2017 issuefeatured.
Look forward to it!
Listening to his story, I felt, "This could also be balanced in its own way."
With the basic image of "buying and selling" and "selling and buying back" as a single-shot trading, the actual trading is about "swimming" through unpredictable price movements, making moderate adjustments to positions.
Even though splitting is important, splitting recklessly only leads to confusion.
Where and how much energy you can direct—to which part and how much—
There are no constraints on how you approach trading, so methods vary from person to person.
Please pursue your own "confident personal style."
