January 26 (Thu): Nikkei 225 (Free viewing items: limit orders and stop orders ~ Trend-following / contrarian ~)

Good morning☀

The really cold days keep continuing ⛄

Everyone, please take care not to catch a cold m(_ _"m)

Yesterday’s「Limit Order・Stop-Limit Order」continuation.

(In the case of long)

「Limit Order」when the price goes down from the current price, I want to buy!

「Stop-Limit Order」even if the price goes up from the current price, I want to buy!

That is what it means.

In other words

「Limit Order」is contrarian trading.「Stop-Limit Order」

is trend-following..

That’s what it can be said.

I used to do Elliott Wave Entry for a while, so

as a rule, when this is exceeded, Entry!「Stop-Limit Entry」was used frequently.

Nowadays, I use a reversal zone for Entry triggers, so「Limit Order Entry」is more common, but「Stop-Limit Entry」is also used.

There isn’t particularly one better!

Whether it’s easier to enter with a trend-following or counter-trend approach depends on the person.

Also, personality comes into play.

So even if you can enter with a trend-following approach, some people fear counter-trend? (the reverse is also true)

There are those kinds of people.

Trend-following or counter-trend?

In my case, the answer is already clear, but for those who are unsure, first try

“Which one is easier to Entry for your personality?”

Have a dialogue with yourself and try one of them first.

（My own answer will be written in detail in “Trading Techniques.”）

Since I started investing,I was a “contrarian”,“trend-following”felt very strange, but after several years of doing it, now I can do either.

But still, by my nature“contrarian”is easier for me to do, isn’t it?

（※Below, market analysis is limited to members.)