ワイコフ: 損失はフィードバックであって、不運ではない
Calling a loss bad luck is comforting and expensive, because it disables the only feedback loop a trader has. Wyckoff is not saying every loss is an…
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Market: jpx400
オニール: 天井ではなく、正しいタイミングを狙え
Calling a top means positioning against a trend that is still intact and hoping it ends soon. That is a different activity from waiting until the…
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デイビッド・ライアン: ストップは一方向にしか動かさない
The entire value of a stop is that it fixes your worst case while you are still calm enough to think. Widening it under pressure is almost never new…
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ニコラス・ダーバス: 箱の中で動かせ:枠の外こそが情報
Darvas’s box does something subtle: it converts an unanswerable question — is this pullback meaningful? — into a mechanical one. Without a defined…
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ギル・モラレス: 強さを生んだ性質が、そのまま脆さになる
A leader’s advance runs on concentrated demand and expectations set well ahead of reported results. That is precisely why it can travel so far so…
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