Cis, the legendary Japanese day trader

[comagnum]

If he is the real deal. He is said to have watched the bid-ask of the 30 largest stocks in the Nikkie index. He is said to have seen weakness on 8-12 after price got smacked down from resistance of the prior high made on 6-24 - a 2T. He went short into what I would call a bear flag - shallow sloping trend line with diminishing volume. Looks like old school chart stuff with tons of guts for the size he used.

Blue arrow top - start accumulating 1,600 futures shorts
Blue arrow bottom - not positive, I think this is were he covered and went long.
Note - this was a swing trade, although every article calls him a day trader

 

[Overnight]

I watched the Book of Eli yesterday. You are like Gary Oldman at the end realizing that the Bible was written in Braille and he can't read it even though he finally got the book...

Great movie, and decent analogy!

 

[777]

Interesting Cis article: aquaintances, hot keys, big score on institutional misclick, financial documents/tax return, gaming, and so on.

https://www.japantimes.co.jp/news/2...ecrets-as-he-guns-for-1-billion/#.Wb60DSNlDqA

 

[comagnum]

Great article. Like most wealthy people he is eccentric, the $ was never the goal, but a by product of following their passion. The way CIS sees taking a loss it night & day compared to novice retail traders & even a lot of pros, he says "a well-played stop-loss is just about the most beautiful trade there is". O.k, now I really dig this guy. That quote goes on the wall.

 

[Eurokopek]

I have no idea of the value of Tweets from Cis.

However, I do hope you are not discounting the overall value of learning from Twitter.

Some of the finest minds in many areas of life share their ideas on Twitter as well as read Tweets from others on a regular basis. Part of the reason for this is that people often embed links to articles and videos in their Tweets.

For example: A fair number of Elitetrader members would enjoy the Twitter account of Ray Dalio, founder of the world's largest hedge fund. Others might enjoy and learn from Farnhamstreet. To a lesser extent, perhaps the musings of Elon Musk, Warren Buffett and Bill Gates might be of interest to

Serriously... medical researchers, scientists, politicians, major publications Tweet on a regular basis.

The best of what others have already figured out:

Check out Shane Parrish (@farnamstreet): https://twitter.com/farnamstreet?s=09

Ray Dalio, founder of Bridgewater hedgefund:

Check out Ray Dalio (@RayDalio): https://twitter.com/RayDalio?s=09
_____

Personally, I know a number of "extremely smart and successful people" who make it a point of reading every single Tweet of select people they respect and wish to learn from.

Twitter is a huge pile of shit to sift through and find nothing of value for trading. Personally I see no value in farnamstreet or raydalio tweets that you mentioned. I challenge you to find me a single tweet with some unique market insight on those handles.

I guess people find it entertaining.. kinda why we're here on ET.

 

[777]

Twitter is a huge pile of shit to sift through and find nothing of value for trading. Personally I see no value in farnamstreet or raydalio tweets that you mentioned. I challenge you to find me a single tweet with some unique market insight on those handles.
I guess people find it entertaining.. kinda why we're here on ET.

Brilliant post!

I can see you are way too smart to pay attention to the links or information that Ray Dalio tweets, including that he has a book comming out Tuesday.

Same for all the links to ideas from successful billionaires in the financial world and their ideas on money/ the economy/ the world and living life successfully.

Even on your own, it sounds like you could find no one whose Twitter feed you would find enough value following to compensate you for your lost time and the agrevatoon of never finding enough value.

No need for me to accept your challenge as I am quite sure you would not find value. Lol.

 

[JackRab]

Much thanks!

So close but yet so far; the Tweets are in Japanese.

Use google chrome and have auto-translate on

 

[ironchef]

Use google chrome and have auto-translate on

I couldn't find the key for auto-translate. How do you do that?

Thanks.

 

[learner2007]

This is the guy all of you are so interested in.
After the Mizuho trade I saw him on TV. True or not, at the time he said his trading approach was just to watch the ranking list of the

largest percentage losers and buy them for a bounce.

 

[Pekelo]

I couldn't find the key for auto-translate. How do you do that?

I dunno, but have you thought about, you know googling it?

Alright, I did it for ya:

https://superuser.com/questions/230975/how-can-i-make-google-chrome-automatically-translate-a-page