Preface
Why This Book Exists
This book was born from necessity—and
rebellion.
Originally submitted to a publisher, the
manuscript was rejected not for its quality, but for its intensity.
They feared it was 'too real,' 'too
philosophical,' and 'too focused on charts rather than standard finance theory.'
I took this as confirmation. That the path
I was on was correct, because it wasn’t palatable to those trapped in
mediocrity.
They wanted another soft-edged guide. I
wanted to build a battlefield manual.
This book is not just another technical
analysis textbook. It's a philosophical engine designed to crack open your
assumptions, and rebuild your instinct.
You are not a casual reader. You are a
seeker—of patterns, of insight, of execution.
Let the others read narratives. You came
here to trade. And to understand yourself.
Don't limit yourself to the idea that if
two points exist, they can be connected, or that a trend is necessarily a stock
trend line. A trend is a tendency (εΎε) in a certain direction in an idea, behavior, or phenomenon.
So moving average lines are trend lines,
and trends are trend bands, and cultural trends are Trend Bands as well. This
is because a trend is the persistence of a pattern, and the physical term
Newton's inertia is the weight class of a trend.
In this book, we cover the history of the
Dow Jones Industrial Average, SP, NASDAQ, KOSPI, Philadelphia Semiconductor
Index, Samsung Electronics, and Korean IT companies.
The correct way to look at weight classes
in any trend is that bigger is always better. The bigger ones break away from
the smaller ones. So, the order of the moving average line is 5 → 10 → 20 → 60
→ 120 → 240ma. This is the same as the following order: minute price → day
price → week price → month price → year price. So, Samsung Electronics → Korean
IT companies → Philadelphia Semiconductor Index → KOSPI → NASDAQ → SP → Dow
Industrials in descending order.
π [Insert Chart Here] → If we can
confirm that when the moving average line in reverse order is “Millennium
Candle Chart (240, 120, 60, 20, 10, 5)M.a”) the breaks of 'life, universe,
civilization, *philosophy*, culture, national sentiment, tradition, custom,
economy, politics = *instinct*, belief, strength, stubbornness, habit, hobby,
taste' also follow this principle, just like the breaks of annual, monthly and
weekly prices, then the history of stock prices is a cycle of life history in a
descending pattern.
π [Insert Chart Here] → Therefore,
all the world, regardless of stock or culture, is not free from the truth of
the Saintly Soldier. This is why the slope of every π trend band can be
defined by derivatives and integrals, and why every π trend band shown here
can be quantified by a moving average line. Therefore, without the lessons and
techniques learned from history and stock charts, these patterns could not
exist.
This book will be of value to those who are
familiar with moving averages but have not been able to integrate that
knowledge with the psychological inflection point. This is because, for
long-term investors, the same concept can be interpreted as a parallel movement
of the daily price at a ratio of 25 times the monthly price, and the annual salary
at a multiplier of 12 times, and vice versa. Turned upside down, a moving
average line is neither a moving average line nor a trend unless the smaller
part breaks first and then the larger part breaks
π [Insert Chart Here] → In fact, as
you read through the book, you'll find many things that don't come easily to
you. I don't intentionally make charting language difficult. By its very
nature, charting language is arrogant and exclusive. In its defense, it's like
the Aesop's fable where the will says "there is treasure hidden in the
vineyard". In reality, there was no treasure in the vineyard. The moral of
the story is that if the reader can plough up the vineyard in search of the
treasure, he or she can avoid a bad year in viticulture. Therefore, if you trust
the author's argument and make a sincere effort to read, the treasure of the
vineyard will be yours. If you read, think, and analyses carefully, you will
probably understand and synchronize your thoughts with mine, and you will
undoubtedly achieve the desired results.
If you are in a situation where you get a
different result and want to leave a "bad word" for me, I will give
you this advice: it is not my place to intervene in the first place, and
moreover, stock investing is 30% technical knowledge, 70% insight and
psychological factors, and psychological control based on **greed** and
**fear**.
The reader should be able to quantify the
trend lines of psychological proportions and use them freely. For example, if
you can feel how the temperature spreads between the top and bottom of a heated
room at different times of the day, you can indirectly experience the author's
description of psychological mood swings. The size of the room is up to the
reader.
π [Insert Chart Here] → It's not
easy to standardize or quantify due to the different proportions of body weight
in the way we look at things and the different interpersonal relationships
between people, just as we all have different personalities. As a result, it
can be difficult to Quantify or quantify the size of the wave. As a result, it
may be difficult for readers to tell whether they are looking at a cat and
seeing a tiger or a tiger and seeing a cat. However, if we zoom in 13 times on
a 30-minute chart (30m X 13 bars=390 minutes=6.5 hours)
π [Insert Chart Here] → it becomes
a daily chart. By the same token, the cultural trends of the old masters can be
applied at ratios of a thousand, ten thousand, and hundreds of millions of
times. Therefore, this book reflects the psychology of ultra-short-term investors,
but it also utilizes ultra-long-term psychological changes. As mentioned above,
it is enough to increase the ratio and scale from 5 minutes to 6 times (5x6=30
minutes’ chart).
By the way, if you are a reader who wants
to win in life by investing in stocks, please pay more attention to the
knowledge information in this book and the following ones. If you look at it
with an open mind, you will see that stocks reflect not only the reality of
companies but also the trend lines of human civilization culture history
*philosophy* and psychology.
On the one hand, I have omitted as much as
possible what is commonly available on the Internet or what is easily
understood by others, because I believe that knowledge without substance is
merely a decoration to dazzle people with its glamorous appearance, and the
reality is that most people are suspicious of the truth unless it comes from
someone whose name is familiar to them, and they will not believe it unless it
is handed to them.
π [Insert Chart Here] → So, I had
no choice but to explain in detail how the process of watching the live chart
drama leads me to make certain judgements in certain situations. In fact, this
book can be difficult to understand for beginners who are new to stocks.
Therefore, this book is more relatable to
professionals, industry players, or those with real-world investing experience
who can read it without reinforcement of the underlying theory. I have limited
energy to convince people who are just starting to invest in stocks, and by default,
I am skeptical of those who write "stock books" that preach that
stocks are the way to make a lot of money.
I've always been concerned about people who
are just starting to get interested in investing in stocks and want to throw
their money at it with all sorts of fantasies, because it's a **market** that
only wins for those who have spent a long time thinking, researching,
experiencing, and developing their skills, and it's a jungle full of people who
want their money. Jumping into that jungle without doing your homework is
literally a recipe for getting eaten.
To fully understand this book, you probably
need to be a full-time investor with at least 10 years of experience in the
markets, or someone who has been watching futures, options, bitcoin, etc. for a
while and can identify the lows and highs of the waves. If you don't have that
level of study and experience, I suggest you read this book ten or twenty times
until you get it, because otherwise you're walking into a jungle of lions and
tigers with your hard-earned money.
π [Insert Chart Here] → Based on
this, if you are able to see through the emotions of hope, **fear**, and panic,
and are able to calmly observe the **market**'s movements and make a cool
headed judgement, then you can dive into stock investing. This basically means
that you need to be able to read charts and make judgements.
π [Insert Chart Here] → In fact,
the language of charts is a periodic function, which is a derivative of a trend
line that repeats itself for thousands of years, just like the cycles of the
seasons. So if we don't take a long, hard look at the charts we see now, and
analysis them mechanically and quantitatively, we'll always be stuck in the
pain of defeat, never learning from past failures.
This book is published in one volume for
practical reasons, but it would take ten volumes to tell the full story. I had
to leave out some basic explanations, so if you haven't been studying stocks
for a while, you might find it a little difficult.
π [Insert Chart Here] → This may
make it feel like a different book every time you read it. Investing is a
psychological and philosophical subject, and how you take to philosophical
issues is up to you, because the language of charts is not one that can be
easily communicated.
The reader must approach it with the same
care as Euclidean geometry or Spinoza's ethics to understand its essence. (But
don't let that intimidate you).
"There is a saying in the Confucius
that goes something like this. "When you are about to speak, reflect on
your actions, and when you are about to act, reflect on what you have
said." This means that you should be careful about what you say and what
you do.
π [Insert Chart Here] → When I
wrote this book, I took Confucius' words to heart, "the higher man speaks
after the action as a result” so I believed that I should not deceive the
reader with fancy words and logic, but rather reveal the face of the truth to
help the reader make the right judgement, and above all, trust can only be
fostered when the reader goes through the verification process. One of them is
a real-time chart drama based on the evolution of the Samsung Electronics stock
price. Take a close look at it, and if you think it's right for you, put your
trust in it. If not, you can close the book and turn your back on it right now.
π [Insert Chart Here] → But if you
do decide to invest, I urge you to take a hard look at the real-time charts and
take a hard look at your own skills. This is especially true if you're not sure
whether to take my word for it or not, which is why I've included a section
called "Watching the Chart Soap Opera" in the Investing Diary format.
(You can find the real-time material on my blog: https://odysseylee69.blog.me/)
This book does not advocate investing in
stocks. If you dive in, you'll only make yourself an easy prey for the Major
investors that be. I'm writing about investing in stocks, but I must say that
if you decide to take the plunge after reading my book, I want you to be one
step away from the responsibility that comes with it.
This book contains dangerous material.
Unless it's too late to turn back, I think it's a hundred times better to close
the book and get involved in the real world of economics. So unless you're a
full-time stock investor and there's no turning back, or you've already gone
too far, tread carefully.
If you have no other choice but to continue
investing in stocks, you should always do so with a minimum of risk, with a
minimum of 80% chance of success, and only with money you can afford.
The purpose of this book is not to tell you
how to make a lot of money, but rather to help you lose less money. This is to
avoid the danger of being overwhelmed by the enormous mass of human instincts,
beliefs, grit, egos, habits, hobbies, and tastes, and losing control.
So we should **fear** the gaze and
judgement of experts more than the ignorant public, as Socrates advised:
"We should not be concerned with what the public thinks of us, but rather
with what justice and truth themselves say." _from the Crito
Finally, I don't deny that this book is not
completely free of ethical or moral issues. But at the very least, it will give
readers who find it a bit of a stretch a chance to check their own skills. At
the same time, it will hopefully serve as a necessary evil to help readers
reflect on their position and make more thoughtful decisions.
%20(%EC%98%81%EB%AC%B8).png)
%20-%EC%82%BC%EC%84%B1%EC%A0%84%EC%9E%90.png)