My current trading style is to take profit more and more if I can.
In the past, I used to think that if I didn’t have a long-term position, I wouldn’t be a position taker (a dealer who pursues profits in his own position, unlike an interbank dealer) for quite a long time.
However, if you change to a style of taking profits, you will be convinced that you will make a profit even if you do not have to stretch your shoulders so much.
Rather, I’m now wondering if I was carrying a position for a month or three with the determination to embark on the ocean in the past. I will.
During the one-month or three-month position carry, despite the many opportunities to take profits, you carry the position while enduring the market price that raises and lowers to the target level you set, so it is quite physical and mental. It will be exhausted.
For example, even if you make a profit of 5 yen, you realize that the degree of mental and physical exhaustion with respect to the expected profit is too different between the method of repeatedly taking profit if you can make a profit and the method of keeping a position. I will.
Also, above all, there are risks associated with the market, which means that the longer the position carry period, the longer the period of exposure to risk.
Then, if you can take profit, you will understand that it is day trading that you will take more and more profit, but even if it is day trading, if you have a long-term trend and market view, it will be useful for daily trading. I am.
As a simple example, if the medium- to long-term market trend is on the uptrend, I think that the day trading stance should basically keep in mind buying first.
Also, if it is a downtrend, I think that basically you should keep in mind the selling first.
In other words, if it is a position taker who tries to take everything from the head to the tail of the fish, I think that it is day trading to eat each piece of sashimi that makes the figure.
It’s up to each individual to decide which style to take, but what I’ve experienced in both cases is that carrying a position over the long term is a real pleasure when it works.
However, it can be said that the degree of physical and mental exhaustion that is exposed to long-term risks is extremely high.
On the other hand, in the day trading type, instead of taking profit more and more, the regret that is left behind because the profit taking is too early remains, but above all, the period of exposure to risk is short, and the degree of mental and physical exhaustion is that much. Because it is low, the motivation to do it as many times as you have a chance does not diminish.
However, as a senior trader, I would like to say that I would like to experience both of them.
When you experience a position taker, you naturally have to think about the long-term outlook, so I think it will be a great learning experience when looking at the market as a whole.
If you are a young person, you will not get tired, so we recommend that you try a position taker as an experience within your physical strength.
When I was in my thirties, I also did 36-hour non-stop deals.
Right now, of course, I’m not going to do it, but there were some that I could see.
When you are young, it is important to try various things without fear of failure.
And I think it’s about establishing your own style.
However, establishing a style does not mean that it is a goal.
I think it is important to think about improvements and the following.
I think that growth will stop if I think it has been achieved.
Strategist Mizukami Journey
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