January 25 (Wednesday): Nikkei 225 (Free viewing item: limit orders / stop orders)
Good morning⛄
In yesterday evening's post, because I didn’t use the “brackets”, didn’t the article go missing? (ˊᗜˋ*)*.•*
This time, for the time-frames’ titles, I won’t use brackets and I’m thinking of trying emojis instead lol
※ Some posts couldn’t be published no matter how many times I tried, so I re-posted again without brackets? Sorry for the inconvenience?
I really want this to be resolved soon...
Apparently server maintenance is overseas...
And is it the overseas New Year now?
Therefore it seems not operational…???
Well, there’s no point in saying anything about that, so let’s wait patiently.
Now, another Q&A?
“I can’t constantly watch the charts. If I’m late on Entry, should I only Entry when I’m attached to the PC?❓”
➥Not at all?♂️
Entry can be done without staying glued to the PC.
I also dislike staying glued to the PC, so I don’t watch the chart from Entry to Exit lol
Therefore, housewives busy with chores and childcare, as well as busy office workers during the day, can also make entries.
For that, you should employ“limit orders and stop orders”.
In the salon, a lot of questions were asked like?
“What is a stop-entry? Isn’t a stop a stop-loss?”
I think it’s easier to understand by looking at the chart, though?
From the current price“favorable”to enter“Limit Entry”
From the current price“unfavorable”to enter“Stop Entry”
Would that be easy to understand?
Exit is the same concept.
From the current price“favorable”to exit“Limit Exit”
From the current price“unfavorable”to exit“Stop Exit”
I won’t specifically call it a limit exit or stop exit,what everyone often calls a “stop” is“Stop Exit”, right?
Because you’re going against the current price to cut losses or close positions at a favorable price.
The reason I use limit or stop orders at Entry is
① I don’t want to keep staring at the chart.
1) It’s tiring
2) I want to spend time with my family
3) I want to devote time to my hobby, golf ⛳
② Since I’ve already analyzed and planned the strategy, where to enter and where to cut losses/take profits is mostly decided.
1) There’s no hesitation
2) It’s easier mentally
and so on.
It’s not a moment-by-moment judgment; I decide in advance
“When the price comes near this area, I’ll Entry.”
“If it moves against me up to this point, I’ll cut losses.”
“If it trends to this area, I’ll take profits.”
All of that is decided when I analyze charts on weekends, etc.
Of course, I will adjust as needed.
If price action feels off, I may cancel limit or stop orders occasionally.
It's already planned out like a business plan or a treatment manual—what to do is decided.
So you don’t need to watch the charts constantly to trade.
“I can’t trade because I don’t have time.”
“I can’t always watch the charts, so Entry gets delayed.”
“If I had more time, I could accumulate more profits.”
全部 these are excuses, right?♂️
I’ll say this firmly: on weekends or when you can view charts, how much do you plan scenarios and strategies?
Do you draw a thorough action plan?
I realized in the salon that many people cannot do that.
There were hundreds of people, but most traded with no plan.
That’s why you don’t earn?
So I wrote“The Disassembly of Bollinger Bands”to discuss the importance of scenarios.
If even a little understanding can be gained, for me“The Disassembly of Bollinger Bands”feels like the purpose was fulfilled?
Please do your best ( ・ㅂ・)و ク゛ッ !
(Note: The following environment recognition is limited to members.)
