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Go with the flow
Go with the flow
Description
Book Introduction
How ants make money with stocks

The author, who is active on the Paxnet bulletin board under the name 'Beauty53', wrote a book on how to make money with stocks for individual investors.
After several trials and errors, the author, who is now a trader, recognizes the reality that most retail investors fail in the stock market and advises them to avoid repeating these mistakes.
However, reading this book will not make you rich overnight.
As the author emphasizes, there is no such secret in the world.
There are ways to make consistent money simply by trading.
This is the trend following technique.


Trend following is one of the oldest trading techniques in stocks.
According to the author, the only technique available to retail investors is trend following.
This is because the only information that ants, who have no choice but to lag behind in information, can access in real time is the market price.
This book covers market perspectives, trading attitudes, the ability to interpret given information, how to deal with trading failures, and money management.
It was created to convey the core content in a simple and concise manner so that even beginners in stocks can easily understand it.
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index
Introduction: "A Trading Technique for Retail Traders"

Chapter 1: Trading Fundamentals
Mindset is important
Trading Well: Three Essentials
Making Difficult Games Easy: Mindset Matters
Trend Following Techniques: Understanding Your Relationship with the Market, Money, and You
A Tale of Empowering Ants: There's a Way to Make Money
Betting Tips: Bet a Percentage of Your Assets
The Art of Defensive Play: More Important Than Hitting Home Runs
More important than technique: Knowing when to invest and when to rest.

Chapter 2 Advanced Trading Techniques
Follow the market
The Illusion of Trading Secrets: Stop Seeking Experts
The Key to a Good Technique: The Simpler the Better
The secret to winning in the market: Survive long enough to eat the bubble.
What Stocks and Love Have in Common: They're Not Under My Control
Can the future be known?: 100% accurate trend signals?
The Shortcut to Becoming a Pitching Master: Create Your Own Strike Zone
How to Catch a Strong Trend: Focus on the Price and Moving Averages
Stock Momentum and Momentum Reversals: Ride the Horse
Rule of thumb for market forecasting: Don't be hasty in your market forecasts.
When to sell: Sell when the price falls a certain percentage from its high.
How to Spot a Fake Trend: Wait a Little Longer or Check Volume

Chapter 3 Human Psychology and Investment
Break free from the illusion that 'I am different'
The Need for Control: What Can You Control?
The Psychology of Unconscious Price Prediction: Responding is More Important Than Predicting
The Psychology of Short-Term Performance: Don't Fall for the Trap of the Three-Face-Simulator
The Relativity of Expectations and Reality: Excessive Expectations Are the Main Cause of Trading Failure
The Pitfalls of Mental Accounting: Don't Water Ride, Pyramiding Is Recommended
Backward bias and humans bound to the present: Opportunity always returns in the market.
Information Amount, Confidence, and Confirmation Bias: Predicting the Future Is a Divine Realm
Self-Esteem Bias and Psychological Defense Mechanisms: Profits Matter More Than Self-Esteem
The Problem with Overconfidence: Breaking Free from the Illusion of Being Different
What Trading and Dieting Have in Common: It's Always About You

Chapter 4 Understanding Market Prices
Read the big picture of the market through cycles.
Types of markets and the principles of market prices: The breeze only blows away fallen leaves.
Stock Price Wave Cycles: Understanding the Principles of Wave Synthesis and the Basic Cycle
Stock Price Movements: Identifying Rising and Falling Peaks
Causes of Waves: Watch Market Overreactions and Corrective Reactions
When the Market Is Calm: Prepare for the Big Trend Ahead
Operational Forces: Are They Really There?
Technical Analysis: Is It Truly a Mighty Thing?

Chapter 5: Professional Practical Strategies
Go with the flow
Developing a Trading Plan: Can You Execute It As Planned?
Basic strategy from entry to liquidation: Buy on a bullish candlestick, sell on a bearish candlestick.
How to Judge Market Trends: Use Weekly Charts, Not Daily Charts
Understanding Volatility: The Key to Understanding Market Quality
Bear Market Rally: Beware the Rally on the Verge of Panic
Building a Market-Sensitive Strategy: Trading Performance Is the Best Feedback
How to Identify Leading Stocks: Bet on Sectors Where Funds Are Concentrated
Which Stocks Should You Invest In?: Abandon the Illusion of a Jackpot
System Trading: Another Weapon

Chapter 6 Investment Points You Must Keep in Mind
Risk management comes before profit.
The Starting Point of Trading: Establish an Investment Philosophy and Trading Principles
Risk Management: Risk Management Comes Before Profit
Checkpoints for Position Entry and Liquidation: Trends Last Longer Than You Think
Psychology and Market Checkpoints: Synchronize Your Trading Rhythm with the Market's Rhythm
Keeping a Trading Journal: Keeping Records Makes You an Expert
Trader Charts: Gain greater insight than stock chart analysis.
Trading as a Business: Prioritize Loss Management
Strategy Design: Read the Market First
Futures Trading Sample Strategy: Moving Average Crossover Strategies Can Also Profit in the Long Run

Chapter 7 Virtual Interview
A conversation between Beauty 53 and individual investor Ddol-i
Fundamentals: You should trust the stock price itself more.
Technical Analysis: Analyze the long-term trend first
Investment Strategy: Pursue Simple Principles
Money Management: Risk Management with Ratio Betting
Stock Selection: We recommend index trading or finding leading stocks.
Trend following is a survival game, not easy to implement.
Trend Following: The Easiest Investment Method for Beginners
Cut your losses: Overcome anxiety with planned scenarios.
Contrarian Investing: Investing Against the Crowd to Avoid Losses
Option Investment: No principles are a waste, always small amounts
Futures Investing: High Leverage Risks, Sufficient Standby Funds Required

To you who dreams of becoming a winner in the market,

Publisher's Review
Stock coaching by "Beauty 53" that heated up the Paxnet bulletin board
Professional trading that turns beginners into experts!


A stock success strategy written for individual investors by professional trader "Beauty53," who achieved the most views on Paxnet, a securities portal site, for her post "Comprehensive Advice for Beginners."
In this book, he presents the 'way for ants to make money' through the know-how he acquired after struggling for over 10 years.

He says, "Even expert traders don't trade using secret techniques that others don't know about."
The trading method he emphasizes is trend following.
This is a technique that most successful traders pursue, and many experts in the field also use this technique.


He asserts that no matter how many economic indicators one references, it is impossible to predict the movements of the stock market in advance, saying, "There is a 'trend' in the market, and trading is a game of taking advantage of this trend."
Therefore, it is argued that one can make money in the market in the long term by simply following the trends on the charts using two data points: price and volume.
The focus should be on response rather than prediction.
He repeatedly emphasizes that "both profits and losses are created by the market" and that "the right mindset is important for successful trading."
He also analyzes that the difference between traders who make money and those who lose money lies not in their techniques, but in their perspective on the market, their attitude toward trading, their ability to interpret given information, how they deal with trading failures, and their money management.


This book guides you through 'professional trading', turning beginners into experts.
The final chapter features a virtual interview in which the author answers questions individual investors may have.
Not only does it clearly explain the key points of investment, it's also a lot of fun to read.
It is written in an essay format that anyone can read easily and comfortably, so it will be of great help to those struggling with losses from stock investments.
GOODS SPECIFICS
- Date of issue: November 17, 2009
- Page count, weight, size: 335 pages | 708g | 172*235*30mm
- ISBN13: 9788992037471
- ISBN10: 8992037473

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