The Japanese short-term trader who made 230 billion won in stocks
The only book on cis!

Super Ants of Korea: Recommended by Donkang, Dayjjang, and Lee Jeong-yoon!

The author of this book, cis, is one of the most famous investors in Japan, along with BNF. He started with a capital of 30 million won at the age of 21 and has amassed 230 billion won as of 2018.
In other words, since this book was written five years ago, the amount is likely to have increased by now.
Cis is the only one of the two to have published a book, and even then, it is only this one.
In other words, it can be said that this is the first time a book by a famous Japanese trader has been introduced in Korea.

The book is packed with countless tips from the author, along with his investment stories.
By reading this book, which chronicles his journey to becoming a legendary trader, you will learn his practical know-how in stock trading and the wisdom to distinguish between what to focus on and what not to focus on.

The reason stock prices rise is because there are many people who want to buy the stock.
On the other hand, the reason why the stock price falls is because there are many people who want to sell the stock.
I can't say with 100% certainty that this is the reason.
Some people may have bought it for a clear reason, while others may have bought it because others were buying it.
Although we may be able to guess the reason later, it cannot be a complete explanation.
However, it is a clear fact that prices are rising because there are many people buying, and falling because there are many people selling.
So, the most likely way to succeed is to go with the flow of the market.
--- p.21

When a stock price rises and hits a new high, I am willing to buy it.
But ordinary people are not willing to buy it.
Since the report was made, I think it will soon fall.
Of course, if the price of apples continues to rise and reaches 400 yen per apple, you would normally not feel like buying them.
But stocks are different.
Many people invest in stocks with the idea of ​​'buying low and selling high', and when doing so, they judge whether the stock is cheap or expensive by comparing it to the past.
If the stock price is rising, I think it is expensive compared to the past, so I don't buy it. If the stock price is falling, I think it is cheap compared to the past, so I think it is profitable to buy it.
Clearly, bubbles exist.
But there is no such thing as a fair price.
You make a profit by simply selling it for more than the purchase price.
It's better not to compare it to the past.
--- p.91

Basically, except for the most skilled traders, the difference between making and losing money in the world of investing is a thin line and a product of chance.
The only investment that can generate returns greater than those that automatically rise in response to economic indicators such as market interest rates, economic growth rates, government bond yields, and inflation rates is by chance.
Even if it looks like things are going well, I think it's either because you don't see the risk or you've fallen for a scam.
--- p.188

A person's play style does not change easily.
The fast ones are always fast, and the slow ones are always slow.
And the faster the person, the better suited he or she is as an investor.
Being fast here doesn't mean being smart.
It means acting faster than others.
Someone who bought Jaycom stocks before me and started Bitcoin much earlier than me was using various surveillance tools.
Since he himself doesn't know how to program, he hired a programmer to create such a tool.
In addition, he opened overseas accounts in the United States and Hong Kong and even visited the country to establish a corporation.
The corporation itself didn't seem to generate much profit, but I couldn't help but exclaim, 'How motivated is this guy?'
He was always more motivated and took action before others.
--- p.230~231

Stock investing is a cutting-edge, cutting-edge discipline and an economic activity.
Because it is cutting edge, the future cannot be predicted.
It is an 'incomplete information game' that is close to the extreme.
Doing something every day is a way to study, improve your skills, and even make money.
The fact that you don't know whether studying will make you profitable is both an advantage and a disadvantage.
Another interesting aspect of the game is that the overall power determines the outcome.
You can participate with just 100,000 yen.
Just because you're incredibly smart doesn't guarantee you'll be profitable.
It is also important to be quick in judgment and action.
There are also strategies that utilize various aspects, such as connections, information, and funding capabilities.
It is a grand game because it is a showdown of such comprehensive power.
There is no game on this scale.

--- p.269