September 11 (Mon): [Bollinger Bands] Nikkei 225 vs. Russell 2000 (Course: How to discern quality products)
Good morning ☀
Today's lecture is“How to discern quality products”.
I’m covering this article this time because
I don’t want anyone to be deceived at all
As an article, it is not about “identifying a product and criticizing it,” so what kinds of things are fraudulent products?
Here is an example.
For those who have been following my blog for a long time, you’ve probably heard this several times already, but please bear with me once more ????♂️
【Title】
If you see a title like this, definitely think “Suspicious” or “Fraud!”
● Earn easily in 〇 minutes a day.
● Just by doing 〇〇, you can reliably earn ○○万円 per month!
● Just by doing this…
● You can earn easily if you use 〇〇.
● A method to earn with ease!
● You can earn by simply riding on the funds of big investors.
● A method that turned 〇万円 into 〇〇〇万円!
● In just 〇 months,〇〇〇万円!
If a phrase like this attracts amateurs’ eyes
Immediately close the screen. Move to another page.
If it’s really easy to make money, you should keep it to yourself and quietly make money on your own!
Because it doesn’t make money, they make money by selling products.
However, in an information-saturated world,
there are people who genuinely disseminate information.
They spend time amid precious moments, so the only compensation is money, hence paid content is inevitable.
The story introduced on Twitter about learning ⛳
Sorry for always bringing up golf and baseball ⚾ in these discussions ????????♂️?
Please consider this by substituting it with your own hobbies.
Example: tennis, table tennis, piano, violin, English conversation
I often watch golf videos on Instagram,
Golf experience of 3 years: ¥20,000
Golf experience of 10 years as a pro: ¥100,000
Which would you learn from?
Considering only the price, some might choose the 3-year golfer at ¥20,000, but
● What kind of swing video is it?
● What kind of thinking is behind it?
● What kind of management does it have?
If you’re serious about learning, don’t you check such contents?
● It can improve easily in 1 day a few minutes.
● Just by doing 〇〇, your scores become reliably high!
● You’ll become skilled with just this much!
● You can easily score if you use 〇〇!
● Method to score easily!
● How to go from a golfer who can’t break 100 to a score of 72!
● In just a few months, score 72!
※ A score of 72 means playing all 18 holes at Par, at a top amateur level.
Would you want to learn golf lessons with such claims?
Then is the investment product content genuine as well?
Check the contents, and decide to study under this person after you confirm.
Here are example checks.
● Is it not centered on the technique alone?
➥ To keep earning, methods alone aren’t enough!
● Are financial-management aspects clearly stated?
● Are risk-reward considerations clearly stated?
● Does it discuss whether the method is about predicting up or down, i.e., “winning on correct calls”?
➥ There is no way to “hit the market exactly.” Other parts are more important.
● Is it considered “by market conditions”?
➥ If it says “stop loss at 〇〇 pips!”, that’s likely wrong!
● Is it only focusing on profits?
➥ Professionals manage losses meticulously.
● Is it something the person devised independently?
➥ If it’s only an adaptation of someone else’s ideas after thorough understanding of predecessors, that’s one thing, but the market isn’t forgiving enough for ideas created by a single individual to continue earning consistently.
I think it’s better to understand the ideas conceived by wiser predecessors and borrow their wisdom.
“Harmonic Prescriptions” Free Version
https://www.gogojungle.co.jp/tools/ebooks/44960
There is similar information at the beginning, so please check it as well?
● Is it a method loaded with indicators?
➥ A common pattern is using many indicators and bringing a chart that fits, then saying “See?” to persuade you.
Indicators are lagging indicators, so the reversal point and the actual plotted point differ. Candles lag by 1–2 bars.
● Is it not just fitting past charts?
➥ Similar to the above, there are many post-hoc things.
Nowadays, you can rewind charts and push forward for free (TradingView, etc.).
Please verify whether such things actually function well.
Indicators-led approaches tend to lag behind the points stated in the product, so in reality you may not gain, or you may incur losses.
If you want to keep earning in the markets
● Study the history of the markets.
● Thoroughly learn the ideas of predecessors and the methods that kept earning.
● To keep earning, truly understand that it is not about the “method.”
● Understand truly whether you will go up or down and that you cannot reliably predict it.“The market is not about predicting”
I’ve written this as a rough guide.
Continuing to earn in the market is not easy.
It’s a business where your assets can decrease?
In that sense, it may be the most severe profession in the world.
Earning easily!
There is no such easy thing,
so please, never be deceived!
Currently,
Part 1: “A New Introduction to the Bollinger Bands”
Part 2: “Harmonic Prescriptions”
is on sale.
We outline scenario construction and provide an Entry-point calculation.
In Part 3, we present a trading technique using money management.
When these three are in place, they can lead to the result of “continuing to earn.”
Bollinger Bands and Harmonies alone do not
yetmake you continue to earnto that point.
After studying Bollinger Bands and Harmonics, we will finally teach money management and trading techniques.
I’m just starting to write this, so please be patient.
When you truly understand the three, you will be able to earn whether you go up or down!
(Note: Below, membership is required.)