"A column is currently published on Toyo Keizai ONLINE!" What decides the win or loss is the weekend work.
Good morning, this is Matsushita.
Today is Sunday on the weekend,
and both the stock and FX markets are not moving.
For investors, it is a day of rest.
This weekend, there is something I remembered, and
today I would like to write about that.
It is a story that can be a reference to drastically change your investment style and results.
One that can be very instructive.
When I started investing, I kept losing for about a year and a half,
then I changed into a winning investor,
and many people asked me,
“Why did you change?”
Those questions about what caused me to become a winning investor
I have been asked hundreds of times so far.
Strict money management and
the creation of trading rules
are the most straightforward reasons, but
the key to those trading rules was
“the Meriman cycle theory,” and
today's story is about that cycle theory,
one of the reasons I started winning and
one of the tasks involved.
As mentioned above,
the stock and FX markets move on Monday through Friday,
and Saturday and Sunday on the weekend are days of rest for investors.
However, I started to win because I began to perform a certain task every weekend on Saturdays and Sundays.
That “certain task” is
“weekly chart environment recognition,” and
specifically,
“to identify the cycle on the weekly chart.”
With this task,
we determine where the current price position lies within the average 18-week primary cycle,
the up-and-down movement from low to low?
Is it an uptrend or a downtrend?
How long will the rise (or fall) continue from here?
Taking those into account, what are this week’s potential stocks?
This is what we confirm.
And from Monday to Friday of that week, we only check the entry signals
and exit signals of the target stocks.
that we are observing.
There are two big benefits to this weekend environment recognition.
1. By performing weekly environment recognition,
you can observe the overall price movement,
and your win rate and profit range become advantageous.
2. Since you have already finished the weekend environment recognition,
the working time from Monday to Friday is shortened.
About 20 minutes a day.
For reference, checking the weekend cycle takes
30 minutes for 10–20 stocks.
Reading this far, you may think
“That’s possible because it’s a cycle theory, but I don’t know the cycle theory.”
you might say.
However, the long-candle based environment recognition described above is not a special technique limited to cycle theory;
it is also a very common technical approach that exists in general technical analysis under the name
“multi-timeframe strategy.”
It is a very common technical approach.
In simple terms,
“identify the long-term trend over the weekend,
and narrow down the trading points.”
That is what it means.
I started to win with this task,
and the weekday work time became much shorter,
and life became easier.
For investors, weekends are not rest time, but time to prepare for the week.
This may sound as if there is no day to rest every day, but
for investors who have created trading rules,
weekend preparation and weekday trading are
drudgery-free, monotonous tasks and not a heavy burden.
It is a routine.
A routine to win,
a weekend task that makes it easier to win.
Know that such things exist and adopt them.
You will become much more likely to win, and it will be easier.
There are indeed tips to winning.
