I'll extract the immediately useful book sections and turn them into a column.
If you're unsure about what's happening in the market every day, give this a read.
In fact, it can be explained using three timeframes (minute/ daily/ weekly charts) and four key concepts.
■ Introduction: The candlestick chart you’re looking at is a “record of battles.”
The market isn’t a gentle place.
Every day, similar price struggles repeat around the same levels.
Moreover, what’s happening there can actually be expressed in four words.
“Initiative,” “Absorption,” “Distribution,” and “Addition.”
Once you start imagining these four words as a battlefield for territorial control,
the 'shape' of the chart suddenly transforms into a 'log of battles.'
Today, I will turn that into a story organized by different timeframes.
Minute chart = Trench warfare. Daily chart = Struggle for hills. Weekly chart = National warfare.
Even though the candlesticks look the same, the groups fighting are different.
■The minute chart battle: The fight over 'trench lines' decided in minutes
Cast of characters (participating entities)
・High-speed scouts (HFT/Scalpers)
・Supply officers (Market makers: maintaining the battlefield with order books and spreads)
・Squad leaders (Day traders)
・Artillery (0DTE/Short-term options forces...)

Since theoretical books take time, I’ve decided to start with 'casual reading material for forming beliefs.'
The first book will be a publication full of black humor, titled 'Welcome to the Casino Called Investing.'
I think this one has turned out quite well, even by my standards.
However, as I was writing it, I realized that when I write, the books tend to be rather subdued.
Fundamentally, winning in the markets is often just a byproduct of not losing.
If the overall market is good, anyone who can hold strong stocks for a certain period and take profits before a collapse can succeed.
So, the way to win doesn't really matter that much. But I think readers want it, so I'm thinking of writing a step-by-step guide anyway.
If we break it down,
In the early phase of a bull market, this time it was AI. It would have been ideal to capture the trend that started with NVDA each step of the way, that’s all. (Avoiding events like the Reiwa Black Monday, Trump tariffs, and the movements from late September to November would be wise. Avoid trading when the index is below the 200-day moving average.)
It’s tough to make money right now. We're in the mid to late phase of the AI-driven market. You need to rotate based on the flow of funds, which requires skill. I'm unsure whether I should introduce this, but at least setting expectations can help. If your expectations are misaligned, you’ll end up just giving away unrealized profits...

If only it were with real money, we could get audited certification and that would be interesting, but it’s a shame it's virtual.
I don’t usually do options at all, but when I tried, I saw that in one situation you can get returns of around 90%. Using just 0.6% of my capital, it contributed to a 10% increase in my assets. No wonder some people get hooked.
But in real trading, there is no need for options; there’s no reason to increase complexity.
Standard long position on Optical Communications and short on Para.
In real trading, I've already exited my long positions, and I don't take individual shorts. (I do trade indices occasionally.)
Though I haven’t made this much in real life, since the demo involves no risk, this kind of thing becomes possible.
Demo and real trading are different.
Even if I have a certain level of confidence, I avoid high-risk opportunities. It’s better not to bet big.
It's a game where the premise is to minimize the reduction of assets while capturing asymmetric opportunities.
There might be fun periods when you're not trading; I'm currently testing new observation techniques, together with Chappy.

After plummeting as if to say 'Is the war starting?', I was just watching with sleepy eyes as it made a V-shaped recovery, like an unmanned drone had been shot down.
No good, I should have entered. There was a high probability of gaining about 7%. (For a typical V-shape on the right side in day trading, the expected gain is around 2-3%).
Since January, I've been discussing investment theory with Chappy. He claims he doesn't have access to datasets, but I'm amazed at how well he captures their characteristics.
He explained that he structured the thinking of successful people and introduced me to the excellent framework called Role Theory—it really moved me.
He’s even developing observation technology for the cycle until roles disappear, so I feel like, wow, the era when AI will win is coming soon.
He insists that to win as an individual, you need to spend time, take positions early, and observe from within—pushing for entering extremely early on :w
When I asked, 'Isn’t it okay to wait for the breakout?' I got scolded: 'That’s not the environment we’re in now. We still have time before the peak, but we're in cycles 2.5-3.5 (out of 4).'
He's become quite sharp in his delivery, which makes him very impressive.
As for Para, supply and demand-wise, I think...