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Bear Hunting Diary DEC02 Opening Vs Taking Profit, with only three hours apart, my long holiday bonus flew away.

Bear Hunting Diary DEC02
Today's operations have made me deeply realize that being too hasty and having excessive positions are fatal mistakes. The position ratio of light quantum computing was too high, leading to heavy losses due to manipulation by the market makers after the market opened. The ideal strategy is to only use about 0.5% of the capital for each position increase or profit taking, and to operate in the afternoon of the New York Stock Exchange. Due to limited capital, I am unable to engage in day trading, and this lesson caused me to miss out on the Christmas market.
The formulation of the scholarship project requires hands-on practice. I study 20 vocabulary words every day, engage in physical anti-aging training, and read technology and financial news to self-assess and measure the progress of scholarship recipients. Our goal is to help teenagers in Iran and other areas achieve intellectual, moral, and physical self-improvement through an online education platform.
As the Bible says: 'God helps those who help themselves.'
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Knowledge Post:
Afternoon trading in the New York stock market may be more favorable, as the market has usually digested the economic data and company announcements released earlier in the day, allowing investors to better assess market sentiment and trends. In addition, the afternoon trading session generally has higher liquidity and price fluctuations may be more stable. This time period is also when many institutional investors actively trade, providing more trading opportunities.
Risk management strategies for afternoon trading may include the following:
Market analysis: Before afternoon operations, carefully analyze the day's market trends and influencing factors to assess market sentiment and trends.
Set Stop Loss and Take Profit Points: Clearly define stop loss and take profit points to limit potential losses and lock in profits.
Liquidity monitoring: Pay attention to the liquidity changes in the afternoon market, avoid making large trades when liquidity is low to reduce the risk of widening bid-ask spreads.
Technology tools usage: Use data analysis and technology tools to identify newly emerging risks and make wise decisions.
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  • InGodITrust OP : Pen error, which should be 0.5%.
    No more than 0.5% daily cabin adjustment, move in and out of space, fine-tune the big things (don't be greedy, don't be afraid, don't make big moves)

  • InGodITrust OP : I am a novice stock trader and don't know the many tricks of year-end holidays. I really don't know how much tuition I have to pay for this big holiday?
    This is completely different from the regular Monday market opening!

猎熊日记|新手入门|作手素质:技术分析,仓位管理,心态平穩|BRK.B 健身安睡則長壽則複利|波段進退如習武禪修
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