“Toyo Keizai ONLINE is hosting a column” Price movement is always the same

Good morning, this is Matsushita.

In stocks, FX, and commodities,

there is reproducibility in price movements.

In simple terms,

“price movements are always the same.”

The proponent of the Elliott Wave Principle,

Ralph Nelson Elliott,

said,

Even Jesse Livermore,

the so-called King of Speculation in America,

says,

“What is happening in today’s market

is something that has happened before,

and will happen again in the future.”

Price movements are always the same.

By luck, about a year and a half after I started investing,

I came across this way of thinking

and started technical trading.

All technical analysis

is founded on the above idea.

In other words, those who employ

technical analysis in investing/trading

know and utilize that price movements are always the same.

And after nearly 15 years have passed,

I have viewed thousands of charts.

Indeed, even when I look at tens of thousands of charts,

price movements are always the same.

The movements unfolding before my eyes now

are price movements I have seen in some other instrument before.

Because the same price movements repeat,

you can profit using the same strategies and rules.

Consistency and perseverance are

the investor’s unwavering weapons.

Having begun teaching investing,

more than 13 years have passed.

People who knew me over a decade ago

say,

“Matsushita-san always says the same thing, doesn’t he?”

Sometimes it’s exasperating, sometimes it’s impressive.

Having spent more than 16 years in this field

this phrase remains the utmost compliment I can receive.

Since the same price movements are repeating,

investors can repeat the same trades to earn profits.

What is essential remains unchanged and

it is important.

Price movements are always the same.

Once you realize this,

continue making the same trades

and earn profits.