March 20 (Mon): Nikkei 225 (Course: Trade calmly with a poker face)

Good morning☀

Today is 3/20... It’s the day the Tokyo subway Sarin attack happened, isn’t it…?

It happened when I was in elementary school, so it’s already more than 25 years ago.

It has already been half a century, hasn’t it?

Now, today we’ll talk about trading

“Just trade with a poker face and keep calm”.

Many people think professional traders are earning easily!

There are many who have that mistaken impression.

Just recently as well

I heard someone say,

“Trading to earn money is easy and you just click on the computer and you’ll make money easily, right?”

.That’s probably the general public’s impression.

Those who are earning traders

• Can foresee the market’s future.

• Know when a chance will come?

Don’t you think so?

As you stay involved in the market for a long time, there’s a common realization.

“Is the market difficult?”

Even when you think you’ve read it, you haven’t?

Even when you think this will happen, it doesn’t?

Such things happen a lot.

Therefore, since the future can’t be known, there are actually only a few things to do.

① Money-Management

② Risk Management

That’s about it, isn’t it?

I’ve talked about Money Management and Risk Management before, so I’ll skip that this time, but thoroughly do what you can, and don’t invest effort into things you can’t do or don’t know.

Will the market go up or down in the future?

Trying to predict something that no one knows is not at all important, and

build a scenario, examine where you would enter, and consider how much risk and potential profit there is (risk-reward).

As a result, decide whether it’s a trade worthy of putting money in.

If you determine it’s worth trading, proceed calmly according to your established rules, whether the result is a positive or a negative outcome.

Feeling elated or depressed after one win or loss in a single trade is

something only a complete amateur in a casino would do.

A pro would bet calmly with a poker face.

（Note: I don’t know much about casinos, so this is an image, haha）

When you trade

“Just trade with a poker face and keep calm”means something like this.

Please try trading with a poker face as well?

If it’s hard to imagine,think that someone is watching your trades from behind youand judge for yourself.

Trade in a way that you wouldn’t be ashamed in front of that person,

and more specifically,aim to have a trade you can explain every action for..

Trading isn’t gambling, so

losing and getting hot-headed is out of the question!

That would be an unthinkable behavior!

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