One hundred million traders' first investment
Hello, good evening!
I am Kabu-Tarou.
This time, I will talk about when I began investing.
【Start】
First, the start amount was 500,000 yen.
I had saved some from New Year's money and birthday congratulatory money, so I felt like I cut into a portion of that.
With that 500,000 yen, I invested in individual Japanese stocks.
Day trading and swing trading.
At the beginning, I didn’t know left from right, so I basically invested in stocks that moved a lot the day before.
However, there was no reason to invest with that kind of reasoning, soI exited in less than three months.
Well, when you’re just starting out, you end up doing things like that, right.
This is where the old man appears.
【Analysis Begins】
The old man said to me「Review all trades for three months. If you do that, you will win next time」.
At that time I was skeptical, but since a billionaire trader told me to do it, I started reflecting honestly.
My analysis notes from that time have disappeared somewhere, but according to my memory,I had over 500 trades in about three months.
I reviewed all those trades, looking for reasons for each trade and my strengths and weaknesses.
As a result,I found that 1- to 3-day swings were my forte, and I did well when analyzing with a broad perspective.
With this in mind, I started demo trading.
As a result, losses became extremely rare and my assets increased.
【Re-entry】
Knowing my strengths and weaknesses and gaining confidence from demo trading, I was ready to re-enter.
At that time my savings were 2,000,000 yen. I borrowed 1,000,000 from the old man, making 3,000,000.
Using this money, he helped me open a margin account, and I restarted with 1,000,000 yen.
Month 1: +150,000
Month 2: +300,000
Month 3: +600,000
Month 4: -250,000
Month 5: +550,000
Month 6: +650,000
Month 7: -100,000
Month 8: +500,000
Month 9: +800,000
Month 10: +950,000
Month 11: +650,000
Month 12: +1,100,000
Total: about +5,900,000
Looking at it month by month, I ended with 10 wins and 2 losses, and I was able to steadily generate profits from the first year.
The difference between then and when I was losing waswhether I kept a thorough reflection and an investment diary.
I would reflect on and analyze daily trades. I also analyzed the trades of investors and the old man.
For the next three years, I reflected and analyzed every night while eating dinner with the old man. Now I do it alone every day.
If you’re not winning as you’d like, take a look at your past trades, find your strengths and weaknesses, and start keeping an investment diary every day.
People who are winning keep going with things that are plain and ordinary more than they think.
Please try reflections, analysis, and keeping an investment diary.
【Twitter】
This is my Twitter.
I tweet about my investment thoughts and what I feel.
Occasionally I run giveaway campaigns, so please follow me.
Kabu-Tarou’s Investment Diary:https://twitter.com/kabu_tarou_