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/biz/ - Business & Finance

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File: 855 KB, 884x861, CIS.png [View same] [iqdb] [saucenao] [google]
26478357 No.26478357 [Reply] [Original]

Just finished his book, he literally trades using the 5 and 25 MA and the orderbook.

>> No.26478454

Trading off vibes and very simple MA is the only way to trade because all technical analysis is inherently programmed and manipulated by bots, whatever market.

>> No.26478711

trading is a lot more than what indicator
im sure a great trader could pick up trading with a new indicator in a short time frame
whereas a shit trader will be a shit trader no matter the indicator

>> No.26478759

>>26478357
Are you sure he's using just that? Maybe he's not

>> No.26478797

>>26478357
>millions of yen
So $’5 worth of Pokémon money

>> No.26478828

>>26478357
Where did you get his book in English? Is it good?

>> No.26478872

>>26478454
this. at the end of the day, if you can't be successful off just your gut and the MA, you're not gonna make it as a trader.

>> No.26478919

>>26478828
some guy on elitetrader has the english version, its meh, the guy has good trading intuition
>>26478759
probably not but he says he uses some arbitrary MA to spot the trend and the actual setup is even simplier, its like orderbook, supply/demand inbalance only. Zero fundamentals.
I think on 2ch they say he MIGHT be using a bot to get into positions since he's trading hundreds of millions

>> No.26478938

I must be a fuckin brainlet then because TA doesn't work for me a lot of the time. I spent hours reading shit and watching videos in the summer and go burned on swing trading options. I tried to apply my teachings "algorithmically" e.g. Ok it hit the lower end of a Bollinger Band AND the RSI is low AND then 15 SMA crossed above the 50 SMA, time to buy.. etc etc. oh well, wagie it is for me!

>> No.26479053
File: 925 KB, 599x792, stock.png [View same] [iqdb] [saucenao] [google]
26479053

Stock Market Wizards: Interviews with America's Top Stock Traders

The common donominator between all the top traders was to become good at Trading. None of them really gave getting rich much attention. It was just a result of getting good at trading.

They were the first autists....

>> No.26479064

>>26478357
>Millions of yen
So like $50 then?

>> No.26479136

>>26478454

There have been some incredible traders that just use Price/Volume. Nothing else.

>> No.26479140

>>26479064
kek, to be serious, 1 million yen is about 10k USD, so this jap isn't even doing anything that I haven't seen done on /biz/ for the past 3 years

>> No.26479181

>>26479136
>>26478872
Really all you need. You need to go where the bots are not: which is intuition of emotion in the short-medium.

>> No.26479184

>>26478357
whats the book called? eng translation yet?

>> No.26479203

All real traders trade on intuition & price action, he's just x MA for visualization, not too trade algorithmically off it

>> No.26479223

>>26479140
Indeed. To the average person that seems like a lot of money to make in one day, but that's easier for experienced day traders to accomplish.

>> No.26479257

>>26478938
TA is a meme. Trading is a meme as well.

>> No.26479348

>>26478919
I mean, why not.
Overcomplicating things is often very confusing, i noticed that when i'm trying to use tons of indicators i get stuck and lose the big picture.
A lot of traders advice is to keep things clear and simple, and focus on the chart.
Maybe he achieved to have a very good winning rate so he doesn't need tools.
The rest (risk management) is well known among professional traders.

>> No.26479370

>26479064
>26479140
he made 6b after taxes last year retards, that about 60m USD. (You)s discarded

>> No.26479602

>>26478938
You're probably still a brainlet, but TA is all bullshit

>> No.26479855

>>26479602
you are bullshit

>> No.26479866
File: 473 KB, 1242x2208, 1585345455975.jpg [View same] [iqdb] [saucenao] [google]
26479866

>>26478357
>he literally trades using the 5 and 25 MA and the orderbook.
What kind of timeframes are we talking? Intraday?

>> No.26479890

>millions of yen
>¥1M=$10K USD

>> No.26480109

>>26479855
Find me one TA method that is falsifiable

>> No.26480282

>>26479890
yeah it's not that much 6 billion is a nice haul

>> No.26480299

>>26478938

The problem you're experiencing is because TA is useless today. You are trading against algos that are skimming and front running. Some folks have success following the big money (ex:ARK, other funds).

Trading purely on TA is not feasible. It has already been proven countless times that 99.99999999% of Traders lose at the end of the day. There are outliers and this Jap might be one of them.

I was currently looking at my performance and realized that if I had put everything I had 8 months ago into AAPL and forgot about it, I would have doubled my money in complete safety. A 100% gain in about 8 months and not spent a moment even looking at the market.

>> No.26480317

>>26480109
If you can't find a method, not my fault.
I assume you can't even describe what TA is and what's its purpose.

>> No.26480423

>>26480317
Get a load of this chad

>> No.26480467

>>26480317
kek
I rest my case

>> No.26480478
File: 8 KB, 201x251, 1593117994428.jpg [View same] [iqdb] [saucenao] [google]
26480478

>>26479866
I am also curious about this

>> No.26480513

>>26480299
if you bought BTC and ETH 8 months ago you'd be easy x5
maybe trading just isn't for you

>> No.26480594

>>26479184

There is no book. He is Anon and goes buy CIS

CIS’s secret formula of success is: “Buy stocks that are being bought, and sell stocks that are being sold”. His other formula is “I do my best work when other people are panicking” i.e. take advantage of other peoples’ irrational fear.

And there you have it. He trades off the emotion of the markets.

>> No.26480687
File: 137 KB, 1200x1042, 1200x-1.jpg [View same] [iqdb] [saucenao] [google]
26480687

>>26479184

Here. It doesn't appear to have been translated yet, so there is no English title.

https://www.amazon.co.jp/-/en/cis-ebook/dp/B07L5DGXMC/ref=sr_1_1?dchild=1&qid=1611528872&refinements=p_27%3Acis&s=books&sr=1-1&text=cis

>> No.26480732

>>26480467
>>26480423
Trading is not for niggers, sorry.
I would have explained something useful if you were a little more whiter in your answers.

>> No.26480812

>>26480594
Doesnt that mean "Buy high sell low"?

>> No.26480868

>>26480594
Does he ever mention why he's not in crypto? If his market intuition is as good as he says he would make way more money.

>> No.26481039

>>26480812
nope, buy high sell even higher when its starting to crash

>> No.26481102

>>26480732
I asked a simple question: Find me one TA method that is falsifiable. You're confused as to who the nogger here is.

>> No.26481103

>>26480513


I don't think trading is for anyone except a lucky few. I'm happy with my results and I sleep well knowing I never need to trade or work another day in my life if I don't want to.

Why do you assume I didn't invest in BTC? My intention was to convey that you don't have to spend everyday trading and could easily double your money investing in companies like AAPL.

>> No.26481225
File: 25 KB, 600x600, 5a352345.jpg [View same] [iqdb] [saucenao] [google]
26481225

>>26481102
>we have a science philosofag here

>> No.26481275

>MA
what does mommy have to do with trading?

>> No.26481280

1 million yen is less than 10k USD

But yeah, trading off MA is a pretty safe way of not jumping into an overbought POS

>> No.26481338

>>26481275
Moving average faggot

>> No.26481362

>>26481280
He made 6 billion pre-tax last year

>> No.26481373
File: 881 KB, 669x376, 1596114033235.gif [View same] [iqdb] [saucenao] [google]
26481373

>>26481225
Just stop posting you ball passing retard

>> No.26481415

>>26479136
I've been using this strategy since the beginning of this year. No losing trades so far. Almost had one trade gone badly though.

>> No.26481444

>>26479140
Kek, this is what I was thinking too. Can't wait to be played by Matt Damon in /biz/: The Movie.

>> No.26481493

>>26481102
Serious answer: stathistics, if we want just to stay in the candlesticks, every pattern has a % chance of being successful.
Many calculated those % and use them for trading.

>> No.26481510

>>26479136
This
Tons of the best traders trade using only volume and candles
I use RSI VOL MACD 20/50/200EMA
TA is useless if you dont know how to manage risk. Most successful traders have loss rates at like 40-55% meaning they lose money on half of their trades, but because they cut losers immediately their gains on winning trades far exceed their losses.

>> No.26481518
File: 2.85 MB, 1575x845, yogi.png [View same] [iqdb] [saucenao] [google]
26481518

>>26480687

Why would anyone give away their secret to success? The book is vague and more of a story then a formula to follow.

>> No.26481579

>>26479136
those are the only inputs to any algorithm that matters. option volume maybe, but the correlation with stock volume is strong usually

>> No.26481702
File: 7 KB, 250x250, 4595459545594575.jpg [View same] [iqdb] [saucenao] [google]
26481702

>>26481373
>Just stop posting you ball passing retard
What if no

>> No.26481720

>>26481510

>TA is useless if you dont know how to manage risk. Most successful traders have loss rates at like 40-55% meaning they lose money on half of their trades, but because they cut losers immediately their gains on winning trades far exceed their losses.

This is incredibly important fact that most folks don't follow. Cut your losses.

>> No.26481729

>>26480868
My guess is that crypto isn't good for trading because the market runs 24/7. You have to be up 24/7 to take advantage of sudden moves.

>> No.26481745

>>26479140
>>26479064
>>26478797
Read the image. He says he made 6 billion yen after taxes last year. That's $58 million.

>> No.26481781

>>26481518
hey I've been there

>> No.26481854

>>26480299
yeah I've just settled on the following: other than retirement funds, I put my money into ETFs I & /biz/ find interesting (Catherine ARK mommy funds, ICLN, etc), some VOO, and some individual stocks.. with the intention of not selling for a long time. I'll basically be a wagie for the rest of my life unless my 3k LINK stack blows up. If it doesn't, that's fine.

>> No.26481968

>>26481518
I think the secret is that there's no secret. All the info about trading is freely accessible, but many people can't wrap their mind around it.

>> No.26482178

>>26480687
times like these I am glad I stopped being 出来ない, gonna cop this.

>> No.26482470

>>26478797
>>26479064
>>26479140
stupid fags read the image

>> No.26482546
File: 2.88 MB, 1464x825, food.png [View same] [iqdb] [saucenao] [google]
26482546

>>26481781

Lived down the street from Yoyogi Station a few years ago for 3 months (was there for work). Snapped this while going to Matsuya for a some food. Back in the US now...

>> No.26483043

>>26479866
>>26480478
most probably 5-30 min, combine that with very low (if any) fees, perhaps leverage
yeah, i can believe that

>> No.26483147

>>26481103
i don't know why im so mean
sorry anon

>> No.26483518

>>26483147

If I thought you were mean I wouldn't have wasted my time responding. I just wanted to clarify what I meant...

:))

>> No.26483783
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26483783

It's mostly mental

You can straight up give people buy/sell signals but they're overcome by the mental aspect, refusing to sell and take a small loss, scared to buy because it already went up, ect

Once I blindly used my buy and sell signals without thinking I started making money, you can do all sorts of fancy TA and other shit but if you aren't going to pull the trigger it's already over

>> No.26483813

>>26481729
Truth, I haven't slept at all since the new year began

>> No.26484258

>>26479257
Get some vinegar with that salt buddy