January 18 (Wednesday): Nikkei 225 (Free viewing item: 'If life were compared to a bottle…')

Good morning ☁

The talk we had at the salon before『If life is likened to a bottle…』That is the story. (During the salon we spoke of it using a “jar,” though lol)

Since it’s a famous story, some of you may know it, but it’s important, so I’ll say it again.

This time I’m introducing it anew because I happened to come across a video, you know?

So I thought I’d share it?

First, let’s take a look?

The video talks about “life.”

But beyond “life,” this way of thinking is also very important.

For example, let’s apply it to “investment.”

What would you put into a golf ball?

An indicator?

Bolinger bands?

Here,the “method (entry method)”is likely to be added.

However, if you put into the golf ballthe “method (entry method)”,you’ll become a trader who can never make money for life, right?

Earlier I talked about the three M’s of investment.

【The 3 M’s of the Market】

Mental (60%)

Money-Management (30%)

Method (10%)（Note: the values in parentheses are my own importance ratings）

The most important thing in investment isMental (60%), and

followed byMoney-Management (30%), in my view.

The technique itself can be anything, and you can make money even without it.

One of the professional traders I knew before was an interesting person.

“Entry is done by feel.”

At first I thought he was a gambler or lacked study, but when we talked,“he didn’t have a fixed entry method”, and

his Mental and Money-Management were very solid.

So that’s why he kept making money, right?

Haven’t you heard stories of grandpas and grandmas who make money in stocks without knowing chart analysis?

Investment isn’t about having a technique!

What should you put into the bottle?

Let’s reconsider once more.

If you’re wandering in the pursuit of a “holy grail” of methods (and not earning money),,

why not empty the bottle and refill it again?

（Note: the following environment recognition is for members only。）