Even at a bargain price, I couldn't sell. Despite planning to look at the Candlestick, I couldn't implement it, resulting in significant losses while buying and cutting losses repeatedly. I don't want to see how much I have lost until I can look back with some room in the future.
In the first place, missing the opportunity while the Nikkei was moving within a range pattern, it finally started to drop. I made a mistake by being bullish after seeing the previous upward signal function. From there, while looking at the Candlestick, I couldn't see it and kept making moves believing that it would rise soon, resulting in continued losses. I really messed up. After almost giving up and feeling that all was lost, I finally started to see some profit with small, small moves. From here, the situation has become a battle once again.
Nevertheless, what was the bias? Was it the reason for missing the profits by not being able to make moves in a clean range?
Writing this down for the sake of organizing thoughts.
In the first place, missing the opportunity while the Nikkei was moving within a range pattern, it finally started to drop. I made a mistake by being bullish after seeing the previous upward signal function. From there, while looking at the Candlestick, I couldn't see it and kept making moves believing that it would rise soon, resulting in continued losses. I really messed up. After almost giving up and feeling that all was lost, I finally started to see some profit with small, small moves. From here, the situation has become a battle once again.
Nevertheless, what was the bias? Was it the reason for missing the profits by not being able to make moves in a clean range?
Writing this down for the sake of organizing thoughts.
Translated
5
1
Last Friday, completely unaware of the end of the month, I mistakenly thought this area might be the bottom based on previous Candlestick, and I blindly swung the bat, entering limit orders based on past successes.
A clear memory is when the Nikkei exceeded 0.03 million, I kept selling against the trend, one after another, and in the end, I closed all, resulting in considerable damage. Since I was working, it might be understandable, but the Assets had decreased significantly.
Well, this time too, despite the market declining, I continued to make moves, arbitrarily deciding that it would rise from the bottom, and kept placing limit orders lower, which turned out to be the worst. Well, I had also set stop-loss orders, so total destruction of my Assets didn't happen, but the damage became quite significant.
Therefore, to remember why contrarian trading is bad, some jumbled notes were written down.
If I were to learn, this would be the reason why contrarian trading is bad. It is not seeing the market facts and looking at the market from my own world.
Well, I just want to follow the trend, but Japanese stocks have too many ranges, which makes me want to contrarian trade. And end up suffering a heavy loss. So frustrating...
A clear memory is when the Nikkei exceeded 0.03 million, I kept selling against the trend, one after another, and in the end, I closed all, resulting in considerable damage. Since I was working, it might be understandable, but the Assets had decreased significantly.
Well, this time too, despite the market declining, I continued to make moves, arbitrarily deciding that it would rise from the bottom, and kept placing limit orders lower, which turned out to be the worst. Well, I had also set stop-loss orders, so total destruction of my Assets didn't happen, but the damage became quite significant.
Therefore, to remember why contrarian trading is bad, some jumbled notes were written down.
If I were to learn, this would be the reason why contrarian trading is bad. It is not seeing the market facts and looking at the market from my own world.
Well, I just want to follow the trend, but Japanese stocks have too many ranges, which makes me want to contrarian trade. And end up suffering a heavy loss. So frustrating...
Translated
6
1
Even though I should be focusing only on the market, I can hear a titleless, painful melody. Individual stock prices should go up, but they are going down, and I ended up cutting losses at 155.0, thinking the USD/JPY FX would surely turn upwards. I keep getting scared and taking profits in gold.
Poor performance!
I initiated a try on the TRY/JPY and now I'm going to sleep.
Poor performance!
I initiated a try on the TRY/JPY and now I'm going to sleep.
Translated
3
Basic three principles of the market, quick stop loss, follow the trend, follow the market's thinking, establishing the right mindset is above all. Success in continuously increasing assets, overall profits, survival above all, being able to continue trading is considered successful, and if understood as such, it's somewhat trustworthy.
However, even if you only cut losses, it was thought that it would be difficult to increase assets, even in the current good market conditions.
Regardless of market conditions or economic situations, only manipulative stocks can continue a strong trend.
It would be good to aim for speculative stocks from the beginning.
Even though the reason for irritation is not explained properly,
I was deceived.
I ended up thinking!
However, even if you only cut losses, it was thought that it would be difficult to increase assets, even in the current good market conditions.
Regardless of market conditions or economic situations, only manipulative stocks can continue a strong trend.
It would be good to aim for speculative stocks from the beginning.
Even though the reason for irritation is not explained properly,
I was deceived.
I ended up thinking!
Translated
4
Because I was a Takamichi-san fan, I created hype posts like having an aura, buying more, etc., but then when I turned into Ishiba-san, I ended it with just one word and really, and immediately started distributing emergency videos for the impending crash for a fee.
Translated
I don't know, but the consumption tax is going to increase to 15%.
You have a deep understanding of the meaning of japan turning negative. I hate this kind of prime minister...
You have a deep understanding of the meaning of japan turning negative. I hate this kind of prime minister...
Translated
Is it possible to take advantage of the opportunity to buy when the Nikkei falls below 35,000?
During the time of COVID-19, not understanding anything led to chaotic declines. I could trade companies like Kobe Iron & Steel and W Scope, as well as JR Kyushu.
With the current price increases, trading in a carefree mood like back then is no longer possible. It was truly beginners' luck. There is only recklessness if I praise myself. It's an action I can't take anymore.
Feeling like I'm going to be sick from all the stop-loss trades, but recently, my trades involve pulling off a big win, which actually turns out to be a lie or just plain bluffing.
The stocks that I thought would hit the jackpot are confirmed to fall at the beginning of the week. Oh no...
During the time of COVID-19, not understanding anything led to chaotic declines. I could trade companies like Kobe Iron & Steel and W Scope, as well as JR Kyushu.
With the current price increases, trading in a carefree mood like back then is no longer possible. It was truly beginners' luck. There is only recklessness if I praise myself. It's an action I can't take anymore.
Feeling like I'm going to be sick from all the stop-loss trades, but recently, my trades involve pulling off a big win, which actually turns out to be a lie or just plain bluffing.
The stocks that I thought would hit the jackpot are confirmed to fall at the beginning of the week. Oh no...
Translated
2
Forever Showa. Don't keep shrinking in the Showa era, and stop harassing, don't say that.
Translated
1
Foolish without any twists.
Translated