“I recommend short-term trading to the wage slaves of this land!”
A fresh perspective on investing that has beginner investors excited.
Revised and Expanded Edition of "My Salary Independence Project" Published to Commemorate 100,000 Copies
** 70 additional pages, 25% increase, new 2022 version chart study included **
** Limited edition, first printing of the revised "Nomad's Signal Report" subscription discount coupon **

"My Salary Independence Project," which became an instant bestseller after its publication by revealing the vivid experiences of a short-term investor who earned 3 billion won in 3 years and quit his job, has returned with a new edition after 3 years.
This book is praised for providing a new perspective on stocks and is admired by numerous individual investors as the 'most realistic introductory book' and 'short-term trading bible for office workers.'
The revised and expanded edition for 2022 includes approximately 70 new pages compared to the first edition, and a new section titled "Even beginners want to read charts!" is included to study stocks using the latest charts.


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"My Salary Independence Project" contains the story of author Yoo Nomad, who worked overtime 80% of the year, but achieved independence from his salary by making incredible profits in a short period of time through stock investment, and his own investment principles he learned from that process.
The author, who was unable to even come up with a decent deposit for a wedding, began investing in earnest with the 4.8 million won he had scraped together.
After 3 years, he recorded a profit of 3 billion won and a 60,000% return, surprising both himself and those around him.
Moreover, all of this is profit earned only through 'short-term' trading.

To office workers who ask, "Why does it always go down when I buy and go up when I sell?", Nomad offers this advice.
1) Don't make long-term investments.
2) Let's find a sport that will be decided within one day, or at most five days.
Pointing out the "value investing trap" that office workers easily fall into, this book introduces a "solid short-term strategy" for office workers to increase capital quickly and reliably through fundamental analysis and key indicators.
This book, written by revealing the detailed process and accounts of stocks actually traded, conveys a vivid energy and a new perspective on stock investment, as if watching a live broadcast of actual investment.

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“Those who had fun in 2020-2021 are probably experiencing ant hell.
For individual investors, now is the time to be most cautious.
But rather, short-term trading will work well.
There are still puddles of money in the market, waiting to jump out.
It is necessary to practice reading the domestic stock market and responding to it.
Therefore, if you are seriously considering investing in stocks, you cannot avoid studying short-term trading.”

With global stock indices plummeting and investor sentiment frozen, is it worth reading a stock book? The author argues that now is the perfect time to study short-term trading.
This is because short-term trading, which reacts quickly to even small fluctuations in domestic market conditions and investment sentiment, works better when the global stock market is in a slump.
Even if it's hard to look at the blue-tinted stock market, you shouldn't lose interest in the market.
"My Salary Independence Project," recognized as an investment introductory book optimized for the domestic market and working investors, will surely upgrade your investment fundamentals.

I've only been investing properly for four years now, and I'm not a stock expert or a famous investor.
I don't have any secrets or special techniques of my own.
I was lucky.
Still, I came to have my own principles.
So I shared my approach with people around me and shared my interests.
Most of the results were good, and some people even made big profits.
Seeing everyone moving forward with more energy at work, I thought it would be worth sharing this experience.
Actually, the secret I shared is not a big one.

“Don’t invest for the long term.”
“Find stocks that will win within 5 trading days.”

Anyone who has even a little experience with stocks knows that more than 90% of so-called 'practical' stocks are 'value stocks'.
You evaluate that the stock has not reached its intrinsic value, wait, and before you know it, you lose it, making an involuntary long-term investment.
If you persevere, won't you eventually see a return? That's not easy for an ordinary office worker.
I look at my account every day and sigh.
Also, since most people do not have spare money, when they need money urgently, they cannot hold on and sell, and when the market price skyrockets, they just suck their thumb.
This is the 'value trap' where you trade value stocks but still fail to make a profit.

---From the prologue, "I made 3 billion won in 3 years and quit my job."

Many novice investors try to start with a lump sum, touting the importance of "seed money."
You need to start by practicing tolerating small fluctuations, but if you experience fluctuations that you cannot handle from the beginning with your whole body, you will end up collapsing or experiencing the pain of muscle tears due to lack of mental muscle.
Achieving income independence through stocks is a major turning point in your life.
You have no choice but to hit it with your whole body.
To do that, you must first get used to small fluctuations.
The most important first step is to acquire an attitude of eliminating impatience.
I'll show you my account from 2015, the year I first started investing in stocks in earnest.
What's more important here than the 3,160% return is the turnover rate.
It's 299,000%.
This figure shows that there were a lot of frequent transactions in small amounts.
By buying and selling several times a day, sometimes up to ten times, I increased my profits.
---From "Chapter 1: A Life Free from Paychecks --- 'The Muscles That Withstand Volatility'"

“The information that comes to ants is garbage.
“It’s a D-class.” Let’s memorize this and start trading stocks.

First, think, "If this information is reaching me, how widespread is it? The chances of losing it are high."
As I said before, think about your social status.
Sorry, but if your social status is high, you will get information closer to A-class, and if your social status is low, it is more likely to be D-class.
But it's a shame, isn't it? This information might be a once-in-a-ten opportunity.
I want to buy it again.
So you need to know how to analyze charts.
Hidden within the chart are countless clues that can help us predict when this information was released and how much the stock price would fall if it were released now.
So you have to study.
However, it is much better to start this study after breaking down all prejudices.
---From "Chapter 2: The Illusion of Failing Ants --- 'The Illusion of Obtaining Advanced Information'"

[Korean-specific] boxy and variable fields are disadvantageous to ants.
Since it is a box right, if it is sold out, you buy more and ride the wave, and if it is sold out more, you buy more and ride the wave, hoping for a rebound.
Institutions and foreigners just buy more or hold on because they have enough money to do so.
But the ant has no money.
Bullets have their limits.
If you run out of money to ride the wave, you won't be able to withstand the long decline and will end up cutting your losses.
Some people hold out and later make a profit, break even, or cut their losses.
Through such experiences, we come to have wrong misconceptions.
This is the so-called 'John Bur spirit'.
“If you hold on to stocks, you’ll win.” That mindset is what institutions and foreigners should have.
If ants have that, they're doomed.
What does it mean to fail? It means that the return is lower than the bank interest rate.
Do you think you've made a loss or not? If your goal is to earn a little more than the bank's interest, don't invest in stocks.
Invest in bonds or funds.
That's better.
Don't invest, just work harder at what you're doing now.
It is more efficient to be recognized by the company, receive incentives, and get a salary increase.
---「Chapter 3 Office Workers Win with Short-Term Trading--- From 'If Warren Buffett Had Been Born in Korea'」

In some ways, corporate analysis may be more important to short-term investors than to long-term investors.
The more insolvent a company is, the more likely it is to become a target of powerful forces and to deceive investors who only look at charts.
If you entered the market just by looking at the chart, and then bad news broke the next day and the stock was delisted without even giving you time to sell, how devastated would you feel?
Those who are good at short-term trading often have a good grasp of the themes driving the current market, industry trends, and important events in each industry.
At first, you study by looking at quarterly reports, semi-annual reports, and business reports, but as time goes by, you get the hang of it and become more proficient, so you can understand the flow just by looking at the news.
It is something that requires time and effort, but it is a process that never betrays you, so it is something that you must work hard at.
---From "Chapter 4: Beginning Fundamental Analysis, Reading Quarterly Reports --- 'Minimum Safety Device'"

The way to do well in stocks is simple.
You need to build up your knowledge.
That means you have to study.
Think of it as knowing 'everything' that happened in the stock market that day.
You just need to figure out why the stock price went up or down, what news came out, and what announcements were made.
If possible, organize it and create your own database.
As you collect data like this, you will begin to notice that things that have moved stock prices in the past are happening 'repeatedly'.
So, what exactly should we do? There's a task I've been doing almost every day after work since 2015, and now assign to my students.
"Find and organize stocks that hit their daily limit and those with trading volume exceeding 10 million shares." The key here isn't simply organizing them, but investigating and understanding why they hit their daily limit and why they reached 10 million shares in trading volume.
---「Chapter 6: Building Knowledge for Short-Term Trading --- From 'Homework to Do Every Day'」

The thing to be most careful about in information trading is when the person who provided the information was an insider of the company, but then left the company or something and is no longer the primary source of information.
You can see this as a situation where you absolutely must cut your losses immediately.
And keep this in mind:
A stock with a positive outlook never falls more than -5% in a single day.
Good news is bound to spread in some way, and since there are always buyers waiting for every candle, it never falls more than -5%.
If you lose more than -5% in a day, you must reduce your current weighting to less than 50%.

First, cutting off losses must be quick.
Second, immediately take a sell position when there is a movement that threatens your average unit price.
Third, if you are unable to liquidate on the same day due to a loss and are dragging it out until the next day, first reduce the weight.
Fourth, in the third situation, if the next day starts with a negative candle, you must desperately liquidate everything within the morning.
---From "Chapter 9: Buying is a Skill, Selling is an Art - 'Criteria for Stop Losses'"

Beginners often wonder what the average trading volume should be.
My standard is 'ten million'.
Of course, this doesn't mean every day, but rather when an issue arises, i.e. when good news or an announcement is made, the trading volume exceeds 10 million units.
What 'ten million' means is that it is easy to buy or sell, and a situation where quick transactions are possible.
It's perfect for short-term trading.
This 'ten million' rule does not discriminate against the price per share.

---From "Chapter 11: The Three Principles of Nomad Stock Investment --- 'Three Principles Before Buying'"