An article is currently published on Toyo Keizai ONLINE. I checked 2,300 stocks.
Good morning, this is Matsushita.
Yesterday, due to work,
I checked the monthly charts of all top 2300+ First Section stocks on the Tokyo Stock Exchange.
The chart software I use
"Kabu no Tatsujin" has an automatic display feature
that lets you specify specific markets or groups of stocks,
and with one button, automatically display the stocks.
Yesterday, I started automatic display around 5:00 PM,
with a 2-second display interval, taking a dinner break in between,
and continued the work until around 10:00 PM.
Currently, there are 2,346 stocks registered in the First Section,
and if you display all of them in 2 seconds each, it would take 4,692 seconds.
Dividing this by 60, it would take 78 minutes,
and simply watching charts would extend for
1 hour and 18 minutes continuously.
This task is not purely for viewing,
but for screening stocks, so
if there is any chart pattern of interest in the middle,
I check it in detail and save what is necessary
to my favorites.
Thus, overall, the chart checks extend for about 3 hours.
Today, I will check the 245 Mothers market stocks,
and finish that job.
One year after I began investing,
I was already doing this chart checking every day,
every day.
At that time, the number of Tokyo First Section stocks was over 1400,
and it took about 50 minutes.
Back then, I was a salaryman working at a pharmaceutical company,
so after returning home, I would spend about an hour meticulously checking charts.
When I heard that the investor I revered as a mentor
was performing the same task,
I immediately copied him.
At that time, I lacked sufficient knowledge or understanding,
and this task did not readily lead to profit.
Every day for 50 minutes, sometimes sitting at my desk
or even while sleeping, I would look at charts,
but I understood nothing.
Without understanding why, simply because I respected my guru who
was doing the work,
I desperately kept watching the charts.
And before I knew it,
I began to make profits.
What I was doing,
what I was looking at, I did not even know,
yet the daily one-hour chart checks
became a part of me, consciously or not.
About 15 years have passed since then,
and I now select focus stocks using the same process.
Now, within a 2-second display time,
I can read various kinds of information.
Even a long road begins with a single step
Many small things add up to form a mountain
There are many sayings that express the power of small actions piling up,
but the accumulation and repetition of work
steadily empower us.
Even if now you don’t know what you’re doing or feel it isn’t leading to any profit,
there is daily work that will reliably become power in five or ten years.
Please continue to accumulate that work every day.
Even one hour of daily chart checks
will become solid power.