Some good advice for my Zombies!
1. Never buy a stock with all your capital, always find a good entry and buy in, 1/4 of your capital.
2. Never sell your share for a loss. The moment you sell for a loss defeats the purpose when you buy a share in.
3. Average down is your most powerful move in all stocks. Example: I bought $3 CEI 500 shares, it crashes to $1, I buy another 500 in to average down to $2 and I sold all at $2.50 when it bounce up. Next example RDBX, $20 100 shares bought in, $12 200 shares in and I'm in green now. Always keep bullets for averaging down.
4. Always take profit when it spike, sell half at least. Only PANIC sell when it goes up, never PANIC sell for a loss. The moment you sell for a loss, the guy who average down buys your shares and profits. You will forever be trading for loss.
5. Lastly do your DD. Believe in the company more rather then just trading for money, you will have more faith rather then panic selling loss all the time.
Good luck to you all Zombies out there!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Zombie apocalyptic mf ZOMBIE BOY TRADE. @zombieboy_trade
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103078791 : Thank you my friend. Very valuable advice. Really appreciate it
Kenderella : A note of caution for averaging down.. Only average down if you have the bullet to spare.. If the share price kept going down, you will lose so much more if you tried to average down.
HavetoStartSomewhere : Guess you Never experience the true falling knife lol. Always manage to get dead cat bounce so lucky.
钱包君你要振作起来 : What an inspirational article! touched
Xswoosh : Thanks for sharing! Good one.
Pcube : I'm just holding on to this dropping fly, until the earnings report comes out so that the stock can come back up. Then I'll sell some holdings. I don't like that it's so volatile and tied so closely to BTC without the perks of rising BTC at times.
Pcube : Kender made a good point. Never average down on stocks you don't believe in. I did that once or twice and regreted it. Eventually I ended up selling everything at a loss. Only average down on stocks you believe have hope of rising back up given time. No one can guarantee the stock will rise or fall, it's just "luck" at times. Whatever trading signals mean nothing when there's luck or bad luck.