Frequent short-term trading every day poses huge risks.
In the financial markets, all faults boil down to two words: 'greed' and 'impatience.' Ultimately, all problems are a matter of time. A condensed version of the 1-minute and a partial clear version of the 3-minute chart for Friday, October 27th provided us with very important information and things worth reflecting on:
1. Most people are wrong about the trading direction most of the time.
2. At high levels, there are far more people longing for a rise than those engaging in short sell trades. Many are trapped.
3. People who like price increases and dislike decreases are abundant.
4. At low levels, there are far more people short selling for a decrease than those longing for a rise.
1. Most people are wrong about the trading direction most of the time.
2. At high levels, there are far more people longing for a rise than those engaging in short sell trades. Many are trapped.
3. People who like price increases and dislike decreases are abundant.
4. At low levels, there are far more people short selling for a decrease than those longing for a rise.
5. Without awareness and experience in fund position management, acting hastily by taking large positions, heavy positions, or even full positions and engaging in speculative trading with leverage, they run out of funds at crucial moments when they should have gradually built their positions.
6. Sharp and mean-spirited, extremely refined selfishness, and the so-called 'seeking profit, avoiding risk,' their money cannot be trapped, so they only like to add to the winners, never willing to help out in times of crisis. Chasing highs and crashing lows. They call it trend trading. Little do they know, trends can be primary or secondary.
There are many emotional people who believe that the stock price will touch the gap from 154.76 to 146.41 that only partially filled the previous period, with the previous low filling up to 152.37.
In the financial markets, there is nothing that is absolutely impossible. However, Tesla is not an ordinary US stock. The most important thing is that currently its profit chip ratio has been lower than 21% for eight consecutive trading days, many days even lower than 5%, and sometimes even lower than 1%. The profit chip has been hovering at extremely low levels for a long time, the range coincidence rate has been lower than 70% for a long time, which itself indicates the arrival of a phase bottom.
Both the candlestick chart and technical indicators are quite poor, but not to the extreme. Looking at the historical data, the worst candlestick patterns and technical indicators are actually the safest. Waiting patiently for the signal of Tesla's stock price collapse, no matter how much patience the market needs, we will wait as long as necessary.
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成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。
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