リバモア: 買い戻さなければならないポジション
A long position has a natural exit: you sell into whatever demand exists, and the worst case is bounded. A short has a mandatory one, because the…
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Market: sp500
オニール: 「割高」は空売りの根拠にならない
Valuation describes a level; the short side requires timing. Nothing obliges an expensive stock to converge on your estimate of fair, and demand can…
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ラリー・ウィリアムズ: 教訓は、損失の中にある
Wins are ambiguous feedback. A strong tape rewards a sloppy process about as readily as a sound one, so a profitable month tells you what happened…
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リバモア: 正しいことと、報われることは違う
Livermore separates two things traders routinely merge. The read was correct and the instrument was appropriate; the execution undid both, because he…
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ニコラス・ダーバス: 株は風船ではなく磁石のように動く
This observation is the premise underneath every trend technique, and it is worth stating plainly because it usually goes assumed. If direction were…
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