Homma munehisa biography of barack

          Munehisa Homma was not just a theory creator, he was an exceptionally successful trader..

          Munehisa Homma's Early Life Munehisa Homma was born in as the third son of a rice merchant family in Sakata, a coastal town approximately.

        1. In 18th Century Japan it was Munehisa Homma who spotted the irrationality of the behaviour of traders in the rice futures market.
        2. Munehisa Homma was not just a theory creator, he was an exceptionally successful trader.
        3. Private investor with 15 years of experience in the investment market, specialist in the currency market.
        4. Unlike most books on this subject, which try to tell you how to trade, Diary of a Professional Commodity Trader offers a rare look at the realities of this discipline and provides you with a firm understanding of what it really takes to improve your performance over the long term.

          5. Honma Munehisa

          Japanese rice merchant (1724–1803)

          In this Japanese name, the surname is Honma.

          Munehisa Honma (本間 宗久, Honma Munehisa) (also known as Sokyu Honma or Sokyu Homma and sometimes called the God of markets ; 1724–1803) was a rice merchant from Sakata, Japan who traded in the Dōjima Rice Exchange in Osaka during the Tokugawa Shogunate.

          He is sometimes considered to be the father of the candlestick chart, a form of technical analysis used in stock markets.[1]

          The most famous candlestick trader is the man who invented them, Munehisa Homma.

          He was a Japanese rice trader who tracked price action and saw patterns developing. He published his work in The Fountain of Gold — The Three Monkey Record of Money in 1755. In today’s dollars, he made about $10 billion.[2]

          Around 1710, a futures market emerged for rice, which had previously been traded exclusively on the spot.

          This system used coupons, promising delivery of rice at a future