TSLA
Tesla
-- 421.060 NVDA
NVIDIA
-- 134.700 PLTR
Palantir
-- 80.550 AMD
Advanced Micro Devices
-- 119.210 OXY
Occidental Petroleum
-- 47.130 
Summary and thoughts for the first quarter of 2024๐
Detailed breakdown of monthly earnings for the first quarter๐
Overall yield curve๐
First-quarter trade win rate and top five winners๐
SMCI is a two-trade, with the main riding phase position size: 12-13%, currently no position.
NVDA is a one-trade, with the main riding phase position size: 11-12%, currently no position.
KOLD is a one-trade, with the main riding phase position size about 3%, currently no position.
CVNA is a one-trade, with the main riding phase position about 3%, currently holding 1/3 of the position.
META is a one-trade, with the main riding phase position: 8-9%, currently holding 3/4 of the position.
*It is worth noting that KOLD and CVNA both achieved significant returns with small positions of around 3%, showing the profound impact of a strong psychological advantage on trading. Similar low-risk trading returns have significant implications for account growth.โค๏ธ
Despite some trading errors in the first quarter, relying on the advantages of the trading system and psychological aspects, as well as avoiding noise, the account still has a decent positive growth.
System advantages:
The probability of winning trades multiplied by the average profit of winning trades is greater than the probability of losing trades multiplied by the average loss of losing trades.
Of the four variables, the controllability of "average loss of losing trades" is the strongest, and it is the foundation of a successful trading system;
Psychological advantages:
The impact on the "average profit of winning trades" is the most important, focusing on protecting profits from advantageous trades already obtained and expanding profits for a longer secure journey;
Avoiding noise:
Specifically manifested by ignoring "market news";
Unsubscribe from/joining/browsing any stock discussion groups (where more than 99.99% are junk information);
Uninstall Discord (mostly a platform where scammers deceive members for fees);
Unfollow almost all YouTubers related to the stock market (almost all of them are scammers and rely on self-media income), only keep channels like IBD (William O'Neil founded company) and Traderlion (interviews with long-term winners, cognitive and discussion content will be on similar dimensions);
Trading systems are very simple and easy for everyone to learn and establish a system suitable for themselves;
When you truly understand the psychological advantage and achieve noise avoidance, your profitability will truly undergo qualitative changes ๐ด๐ป
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Cherry Cat :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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MattSully : Well done and congrats on your 1st Quarter bro!
Jue J : Please suggest 2nd Quarter also
sTone83 OP Jue J : There will be 4 seasons
SL99 : Rational and safe investment+find the best way for you+avoid noise, thank you![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Yuan Sun8 : Boss, can you simply share your specific trading strategy
sTone83 OP Yuan Sun8 : In these books.