TSLA
Tesla
-- 410.440 NVDA
NVIDIA
-- 144.470 CRNC
Cerence
-- 19.330 RGTI
Rigetti Computing
-- 19.0200 PLTR
Palantir
-- 79.890 
Experience and lessons to pass on to future children. NO.1 trading rules.
Be patient. Do not overextend trades. Frank Joe once said that there are usually three to five good trading opportunities in any market each year, including individual stocks.
Frank is a speculator who primarily trades medium-term trends. However, his comments are basically applicable to every type of trend. If you are willing.
You can flip a coin to decide: "Long on heads, short sell on tails", and engage in one hundred trades per day.
However, if you do this, it will all depend on luck. If you want to achieve stable profits, you must observe the market you are interested in before establishing positions.
You must grasp favorable factors as much as possible.
Each market index, individual stock, and commodity has its own unique pace, rhythm, and nature.
Only when you are familiar with the market situation can you consider trading, and you must wait for the right opportunity: if you make the right determination, the profit potential is high, if you make a wrong determination, the losses are limited.
Patiently observe and when you have a favorable win rate, take decisive action.
On another level, if you are only trading your own account, and the time frame for trading is very short, you should limit the number of stocks to less than ten; as for futures trading, you should limit the number of commodities to five or less. The most important reason is simply an issue of attention span.
How many phone numbers can you remember? Perhaps ten, eight.
So if remembering phone numbers is difficult for you, it will also be challenging to monitor ten or more trading positions simultaneously.
Understanding your positions and paying attention to relevant market developments is a necessary condition for successful trading.
For most people, simultaneously considering five different things is already a rigorous challenge.
Happy Father's Day
#My first trading principle
$Cenntro Electric (NAKD.US)$ $XIAOMI-W (01810.HK)$ $NIO Inc (NIO.US)$ $SIA (C6L.SG)$ $BlackBerry (BB.US)$
Frank is a speculator who primarily trades medium-term trends. However, his comments are basically applicable to every type of trend. If you are willing.
You can flip a coin to decide: "Long on heads, short sell on tails", and engage in one hundred trades per day.
However, if you do this, it will all depend on luck. If you want to achieve stable profits, you must observe the market you are interested in before establishing positions.
You must grasp favorable factors as much as possible.
Each market index, individual stock, and commodity has its own unique pace, rhythm, and nature.
Only when you are familiar with the market situation can you consider trading, and you must wait for the right opportunity: if you make the right determination, the profit potential is high, if you make a wrong determination, the losses are limited.
Patiently observe and when you have a favorable win rate, take decisive action.
On another level, if you are only trading your own account, and the time frame for trading is very short, you should limit the number of stocks to less than ten; as for futures trading, you should limit the number of commodities to five or less. The most important reason is simply an issue of attention span.
How many phone numbers can you remember? Perhaps ten, eight.
So if remembering phone numbers is difficult for you, it will also be challenging to monitor ten or more trading positions simultaneously.
Understanding your positions and paying attention to relevant market developments is a necessary condition for successful trading.
For most people, simultaneously considering five different things is already a rigorous challenge.
Happy Father's Day
#My first trading principle
$Cenntro Electric (NAKD.US)$ $XIAOMI-W (01810.HK)$ $NIO Inc (NIO.US)$ $SIA (C6L.SG)$ $BlackBerry (BB.US)$
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