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$Tesla (TSLA.US)$ First, follow the trend. Following the tre...

$Tesla (TSLA.US)$ First, follow the trend. Following the trend means following the market trend. For example, when the market has just turned from strong to weak and broken through the support level, don't rush to buy. Even if you have experience in watching the market and selecting stocks, the stocks you buy may go up on the first day, but due to the T+1 rule, you won't be able to sell them on the same day. The next day, there is a high possibility of a gap down, which would result in losses. A truly experienced investor would not take unnecessary risks. When the risk of the market going down has been released to some extent, although it may not have completely recovered, as the previous few days' decline has reached a small stage, you can consider buying stocks that meet the buying criteria, but be sure to set a stop-loss. Just like guerrilla warfare, if you can win, fight; if you can't win, retreat. Preserving strength is the key to investing.
Second, the relationship between price increase and decline. No matter what price you buy at, if a stock falls more than 3% from its highest point of the day, you should pay attention. Stocks that have fallen more than 3% in a day usually do not perform well and are unlikely to hit new highs. However, this is not absolute. Whether to sell or hold depends on the stock's chart pattern, volume, volume bars, volume ratio, net inflow/outflow, and turnover ratio, as well as how many days it has been rising.
Third, don't have one-sided thinking. Some investors often have a one-sided view of the rise and fall of individual stocks. For example, if a stock has been falling for several days, they may think that the stock has fallen enough and buy, but they don't know that it may continue to fall after a period of consolidation. As a result, they end up chasing after high prices. Some investors refuse to admit their mistakes even when they buy the wrong stocks and hold onto them as they continue to drop, eventually being forced into long-term investments.
5. Attitude. To trade stocks well, you must have a good attitude, with the correct mindset of not getting too excited when making profits and not getting too worried when making losses. Regardless of whether you make a profit or incur a loss, it is important to promptly reflect on your experiences and lessons learned, and remember the gains and losses during the trading process. $Apple (AAPL.US)$ $Amazon (AMZN.US)$
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