If only I understand it, it’s enough

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Serial: “The Psychology of the Market and the Essence of Trading,” Part 34

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The famous onomatopoeia and sensory expressions come from Mr. Pro Baseball, Shigeo Shigeo? No, Shigeo Nagashima. In the trading world, people often use expressions like “it rises with a little kick” or “slump” like that.

In the book I authored, “How a Skilled Dealer Fights,” Yuji Motohashi, who appears in it, categorizes three ways to extract profit from price movements.

They are said to be “ride,” “press,” and “extract.”

According to him,

“When it moves, I ride it smoothly and end up clipping it off. But I keep riding again.”

The act of buying in anticipation that it will go up, no matter how understated, is classified as “press” for him. For him, at least.

I will omit “extract,” but the clear distinction he makes between “ride” and “press” is, to me, the same thing, you know.

But listening to him was genuinely interesting!

Everyone has a sort of selling/buying “trigger point,” but no explanation can persuade everyone to be convinced.

What matters is that you understand it yourself.

Do you also have that kind of “your own words” and “your own senses”?