The trading know-how of a professional who has consistently generated profits for over 20 years!

A professional trader who has consistently generated profits in the stock market for over 20 years is offering expert trading know-how, including the most frequently asked questions by individual investors, such as "when to buy and sell stocks."
Filled with wisdom and insights from the author's real-life experiences, this book is divided into two main parts.
The first part is for beginners and begins by critiquing the common sayings used in the stock market.
They question whether it's true that the market eventually rises in the long run, as advertised, whether corporate value actually helps with stock investing, and whether the so-called experts' buy recommendations can truly be trusted.


If the common adages don't hold true, how should you invest in stocks? The author explains that charts are your guide and trends are your friend.
It also tells you that, above all, you must not lose money, and that you are your own worst enemy.
The second part is for investors who want to move to the advanced level.
It includes patterns that help you quickly detect trends, methods for selecting good stocks, and advanced techniques that help you avoid bad moves, minimize losses when the market is down, and join the ranks of winners.

You may know the old stock market adage, "buy low, sell high."
The problem here is that no one knows when the "bottom" will be, and even if a stock is trading at a very low price in a continuing downtrend, it can fall further from that low price.
Buying stocks at the bottom is a strategy often used by losers.
It is much better to buy stocks at a high price and sell them at an even higher price.
---From "Market Misconception 4: Buy at the low, sell at the high"

"If you take profits, you'll never go bankrupt." Wow! This explains why so many people go bankrupt through stock investing.
After making a lot of small profits, they lose everything they have made with one or two big losses.
There is an old adage in the market:
"Eat like a bird, don't poop like an elephant." This is a warning not to take countless small profits and then suffer a huge loss all at once.
---From "6 Misconceptions About the Market: If you take profits, you will never go bankrupt"

There is no such thing as the "Holy Grail of Trading" as people who sell trading strategies or systems talk about.
The only thing I can guarantee you is that you will always lose money in stocks.
What I'm suggesting is that by respecting trends and consistently managing risk, you can mitigate such losses and position yourself for long-term success.
---From "The Truth About the Market 5: There is no Holy Grail in Trading"

Even the most renowned oil tycoons in history suffered significant losses from betting on international oil prices, so what about novice investors? The conclusion is simple.
You must learn to believe what you see in front of you now, not what you want to believe.
If you let the market make all the decisions, you will stay in the market when you are right and stay out when you are wrong.
The most important thing is that by doing so, you avoid falling into the emotional trap of imposing your will on the market.
---From "The Truth About the Market 8: Even Experts and Institutional Investors Can Be Wrong"

Most people love sales.
If a stock looked good even at $50, $40 will feel like a huge 'sale.'
If that stock drops to $30, it looks like a real bargain sale.
Because of this human nature of searching for bargains, people try to fight the trend.
Such people not only do not give up even when the stock price is crashing and plummeting, but they even make additional purchases.
But this kind of water riding is just a shortcut to increasing losses.
---From "If it's so easy, why doesn't everyone do it?"

Stock price fluctuations often have no direct correlation with news.
Stocks move not based on reality, but on people's perception of reality.
To make money in stocks, all you have to do is get the stock price to move in the direction you want.
There is no need to worry and react needlessly to the news.
---From "New News About Belle"

If long-term trading can yield big profits but carries too much risk, and short-term trading carries less risk but doesn't yield much, what kind of trading should you do? The answer is simple.
These two are not mutually exclusive choices.
Even if you're trading for short-term profits, why not hold onto some of your positions as long as the market moves in your favor? That way, you can enjoy the cake right away and keep some in the fridge.
---From "Trade for both short-term and long-term profits"

Above all, you need to understand the market you are trading in.
There are only three things a market can do: go up, go down, or move sideways.
If the market as a whole is rising, you should buy stocks.
If the market is falling, you should sell your stocks.
And if the market is moving sideways, you should not take any positions and just stay in cash.

---From "Trends are your friends"

Beginner traders often think that when they see a 10% loss, they need to make another 10% profit to recover that loss.
Unfortunately, that is not the answer.
To recover a 10% loss, you need to make at least 11.11% profit with the remaining assets to break even.
If the loss increases further, the rate of return required to recover it increases exponentially.

---From "Managing Losses: Why Trading Is Unfair"