Reviewing my trades: Ups and downs
Been a rocky few weeks for the stock market. Here are a few of my trading highlights.
Firstly, let's talk about the wins!
$Tesla(TSLA.US$ 's price action has been explosive, with the stock price breaking $1100. This has certainly be a profitable play. The question now is whether this has more room to run.
$Camber Energy(CEI.US$ was a fantastic pick for my casual day-trading ventures, especially on days where the volume was massive. What's important is knowing when to take profit - the 15% rule worked well for me here!
$Apple(AAPL.US$ has always been a safe option, but it never fails to be profitable, or at least it hasn't failed me yet!
Now, the losses!
Chinese EV: Was going smooth up till $NIO Inc(NIO.US$ disappointed with deliveries. Though unfortunate, it is understandable as they are doing their R&D. Yet, it still sucks as it has harmed the general sentiment even after a great run up. I'll be holding for now. Hopefully we see a nice run up to NIO day.
Chinese Fintech: This has to be the most volatile of the bunch. Regulatory concerns have caused $Futu Holdings Ltd(FUTU.US$ and $UP Fintech(TIGR.US$ to fall in what seems to be a bottomless pit. Thank goodness there's some clarity now with the new regulations being released, and I do hope that dust will settle soon. Have been averaging down at these super cheap prices.
Paypal and Pinterest saga: I FOMO-ed into $PayPal(PYPL.US$ when they announced that they were cancelling their acquisition of $Pinterest(PINS.US$ . What I failed to take into account was that this was very reflective of the poor management of this entire situation on Paypal's end. Hopefully earnings will save this play.
And that's a wrap for my trading highlights!
Firstly, let's talk about the wins!
$Tesla(TSLA.US$ 's price action has been explosive, with the stock price breaking $1100. This has certainly be a profitable play. The question now is whether this has more room to run.
$Camber Energy(CEI.US$ was a fantastic pick for my casual day-trading ventures, especially on days where the volume was massive. What's important is knowing when to take profit - the 15% rule worked well for me here!
$Apple(AAPL.US$ has always been a safe option, but it never fails to be profitable, or at least it hasn't failed me yet!
Now, the losses!
Chinese EV: Was going smooth up till $NIO Inc(NIO.US$ disappointed with deliveries. Though unfortunate, it is understandable as they are doing their R&D. Yet, it still sucks as it has harmed the general sentiment even after a great run up. I'll be holding for now. Hopefully we see a nice run up to NIO day.
Chinese Fintech: This has to be the most volatile of the bunch. Regulatory concerns have caused $Futu Holdings Ltd(FUTU.US$ and $UP Fintech(TIGR.US$ to fall in what seems to be a bottomless pit. Thank goodness there's some clarity now with the new regulations being released, and I do hope that dust will settle soon. Have been averaging down at these super cheap prices.
Paypal and Pinterest saga: I FOMO-ed into $PayPal(PYPL.US$ when they announced that they were cancelling their acquisition of $Pinterest(PINS.US$ . What I failed to take into account was that this was very reflective of the poor management of this entire situation on Paypal's end. Hopefully earnings will save this play.
And that's a wrap for my trading highlights!
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玩玩吧了 : Very disappointed with it
alaric OP 玩玩吧了 : Why are you disappointed
kat kukuuu : Awesome. Can not wait to see your next review! Get the free stock!
alaric OP kat kukuuu : hahah, i hope so![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
kat kukuuu alaric OP :![](https://emoticon.futunn.com/rich_daily_life/O_01.png)