The fifth lesson: Munehisa Homma: an investor “price movement” most successful

Munehisa Homma: an investor “price movement” most successful

Today’s article will shed light on the man who invented the Japanese candlestick charts and patterns using candlestick, which I saw as “father” to trade using technical analysis and price movement. I’ve previously written an article includes months investors in the forex markets, but today’s article is about one man’s incredible and was known in his day as “the God of the market” and “Japanese rice trader Munehisa Homma.” 

He lived from 1724 to 1803, and yet one more Marvel investors throughout history, and we can learn a lot from the stories told about him. “The wealth said Homma equivalent to 10 billion dollars from trading today” Maybe you should listen to “investor Samurai“ Hommais said to have made the equivalent of 10 billion dollars from trading dollars these days, through the Japanese rice market. In fact, Homma a professional investor who act as financial advisor to the Japanese Government this time has raised to the rank of an honorary Samurai at that time.

 Homma began recording in the rice marketprice movements on paper made of rice plant.

 He painstakingly chart patterns every day price on paper made from rice, it was record opening price, closing, high price, low price for each day. Homma noted during its registration process, price, and by every day that there are patterns and repeated references in bars that were painted, and then started to give names to these different styles.

 The discovery gave the price movement patterns on rice prices Homma a huge advantage over other 

merchants of his day, along with his sense and his skill as a trader, which allowed it to become one of the most successful investors, if not the most successful ever.

 I would say to anyone of you read this article and still on the fence regarding the effectiveness and appropriateness of using price movement, see good in the fact that the use of price movement in a certain manner used centuries ago by Homma or other, and due to the success of this method and its effectiveness on the market today. 

And for me, as an experienced Forex investor, I don’t see any other way of trading, system, or robots that are effective for long and stable for a period of time, such as the deliberate use of price movement. 

Whatever was released by Homma on “trading price action” at that time, but the important thing is that he was trading correct form and was the first person to realize the advantages of focusing on price movements in the market to predict the future price direction.

 Houma realized the price movement impact market psychology, and use them for valid In the book of Homa “gold spring”, written in 1755, he emphasized that the psychological aspect of the market is critical to the success of the trading, the emotions and the emotions of investors have a large impact on rice prices. It is noted that this can be used to stand against market declines, because at that time there was a reason for the price rise (and vice versa).

 In other words, was the first investor Homma realized that by tracking the price movement in the market can actually see the behavior of other participants in the market, and take advantage of it. It can be said also to Huma is first person has trading signals bars and I’m sure that Homa felt goose bumps all over his body when he realized how much signal strength in trading.

 Thus we find that common sense that led Hommato achieve success as an investor at that time to become the best hero to me to this day. By using the price action of the market and think logically, we can often get a high probability entries in the market while most market participants rotate in circles of trade using their feelings, their emotions.

 The “trend” trend is your friend for more than 250 years, so stop fighting it! Homma rotation described Yang “market bulls,” Wayne “market bears” and claimed that within each type of market there is an instance of an element of the other market.

 I can really imagine the surprise felt by Homma when he discovers the price trends that have emerged over the years that he spent on draw price patterns on its rice paper.Necessarily felt a sense of joy to it certainly realized at that time that trade using these patterns would be the easiest way to make money in the rice market. 

To this day, trading with the trend (trend) is still the easiest way to trade. Investors are trying to combat trend conferencing through continuous attempts to pick the peaks and valleys, while the trading trend or a long orientation is the easiest way to make money in the markets. Simply put, there’s a reason for the existence of a strong trend, and therefore it is logical that you fight this trend. 

Houma was the first investor has the ability to identify high probability points to enter the trading market through the simple patterns of price movement.

 I have worked this way for more than 250 years, but I don’t know why most investors to fight this way and insisted on the excessive complexity of trading. 

If the Homma alive today, and saw all the chaotic trading robots and indicators established by investors on their own trading schemes, it certainly would be in confusion and confusion and will ask why people acted this way irrational and which reflect ignorance while things much simpler, and all they need to find high points of entry possibilities something very clear in front of their faces all the time.

The end of the fifth lesson

 Munehisa Homma: an investor “price movement” most successful