[Trading Mentality] The story of why 'Ume' (Plum) in the 'Pine, Bamboo, Plum' ranking might actually be the best fit for trading
What's up. It's GoGo Kotora.
The 'Pine, Bamboo, Plum' series reaches its final installment with 'Plum'.
We naturally have this image that Plum = bottom, Pine = top, don't we?
But you know, once you understand the meaning behind the plum,
it starts to feel like the 'top-tier class' in terms of trading mentality.
The true meaning of 'Plum' in Pine, Bamboo, and Plum
🌸 What the plum symbolizes
It is the first to bloom amidst the harsh winter
Enduring the snow and cold, quietly preparing
It's not flashy, but it is a presence that surely signals the changing of the seasons
In other words, the plum is
👉 adversity, patience, signs, and the forerunner
It's not the 'bottom' of a ranking, but
the 'starting position'.
Isn't this exactly like trading?
When applied to the market, the plum looks like this.
📉 Plum-style trading phase
A major trend has not yet emerged
Trading volume is thin
Everyone is waiting and seeing or feeling pessimistic
News is dull, and social media is quiet
But—
some changes are definitely happening
・Bottoming out
・Selling momentum is slowing
・Distortion in the time axis
・Price range is narrowing
This is the air just before the plum blossoms bloom.
3 Ideas for Applying 'Plum Mentality' to Trading
1. Have the courage to 'not go for the win'
During the plum season, do not play with full size.
Keep lot sizes small
Do not be greedy for profits
First, focus on 'surviving'
👉 'Not losing' is the primary goal
2. Pick up only the 'signs'
The plum is not in full bloom.
However, the fact that it has bloomed does not disappear.
In trading:
Initial rebound
First higher high
End of time-based correction
👉 Do not try to guess the final form
👉 Finding the signs is enough
3. Do not think of yourself as 'lowly'
The plum season is lonely.
No one is paying attention yet
Others seem to be getting results
You feel like you are the only one being left behind
But that is just
👉 being in the earliest position
The plum isn't late. It's just
blooming ahead of the rest.
Summary | 'Ume' is fine. In fact, 'Ume' is better.
The time you are most vulnerable in trading is
when you act impatiently during the 'Ume' phase.
That is why—
🌸 those who can endure the 'Ume' phase are the ones who will capture the spring
It's okay if things didn't go well today.
That just means you're properly 'being the plum'.
When you make your next move,
the view will have changed for the better.
