Mnemonic one: Do not sell at high, do not buy at low, do not trade sideways.
Rule two: buy in a downtrend, don't buy in an uptrend. Sell in an uptrend, don't sell in a downtrend. Going against the trend makes a hero.
Rule three: hold stocks firmly for the first time at the bottom until the market closes with a long bullish candlestick.
Rule four: reduce positions in case of heavy volume declines, a new low with light volume is the bottom line. Volume increase during recovery is crucial. Confirm the turnaround before entering the market.
Rule five: when trading in a high consolidation period, make sure to sell quickly as it rises. When trading at a low consolidation with new lows, consider buying fully as a good opportunity.
Rule six: when selling, pay attention to positive market sentiment, bullish news is usually anticipated. Market hype is essential for a successful uptrend.
Rule seven: when the decline slows down, the rebound will also slow down. An accelerated decline will lead to a quicker rebound.
Rule eight: do not hold on to hot stocks for too long, it's best to rotate your holdings frequently. From the beginning of trading to the end, be prepared to exit the market.
Rule nine: do not buy last year's high-flying stocks this year. Avoid buying the first half of the year's darlings in the second half of the year.
The mantra of short selling requires negative news, the overall trend is sluggish, the market is good for washing. Continuously hitting new lows one after another, and excessive volume indicates a clear direction.
For those of you who panic and cut losses due to Biden's nonsense. $Nasdaq 100 Index Continuous (2106)(NQmain.US)$ $Nasdaq 100 ETF (QQQ.US)$ $Nasdaq Composite Index (.IXIC.US)$ $NIO.US$ $TSLA.US$$S&P 500 Index Continuous (2106)(ESmain.US)$ $S&P 500 Index (.SPX.US)$
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