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zenki210 Private ID: 101561825
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    The U.S. stock market has hit new highs again! Congrats!👏 If you started investing in the US market at the beginning of the year and haven't made any major mistakes, you've probably seen some gains! 🎉
    As we hit the mid-year mark, let's take a look back at our Premium Learning journey. Driven by AI and major tech stocks, the $S&P 500 Index(.SPX.US)$ and $Nasdaq Composite Index(.IXIC.US)$ have repeatedly reached new highs over...
    Tracking Trends, Seizing Opportunities: Half-Year Learn Premium Overview
    Tracking Trends, Seizing Opportunities: Half-Year Learn Premium Overview
    Tracking Trends, Seizing Opportunities: Half-Year Learn Premium Overview
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    Horizontal trading can also = Profits
    Click and support.
    When the trading day shows a deep dive, check the TA and if the suport holds steady showing either a rebound likely or horizontal trade opportunity.
    Initial position: After the huge stock Dive, Was looking at a short upward spike or horizontal trading day. Bought some calls while observing the market movement.
    Day Trading on soon to expire options: My strategy, As the initial Trading movement shows horizontal movem...
    Horizontal Trading
    Horizontal Trading
    Horizontal Trading
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    5
    Hi, mooers,
    Welcome back to Mooers' Stories! In this session, we are going to share the following topic: What's the biggest mistake you've made while trading?
    We are all human beings, and making mistakes is human nature. When trading stocks, we are either driven by emotions, especially greed and fear, or we keep very high-profit expectations. Many stock traders enter the market at full speed, but they soon realize that it isn't that easy to keep making money. The prospects of making money lure people into this trading area, but the reality of losses may quickly bring deterrence and frustration. Therefore, as investors, you must understand that making mistakes is not uncommon. Even professionals in the stock market have made many trading mistakes. The key to their ultimate success is to learn from them and minimize them in the future.
    Making mistakes is part of the learning process when it comes to trading or investing. While some trading mistakes are unavoidable, it is important that you don’t make a habit of them and learn from the unsuccessful experience. With that in mind, what's the biggest mistake you made? How much did it cost you? What lesson did you learn from it? Click to join the topic discussion now! --What's the biggest mistake you made?
    Rewards
    Featured Stories:
    3 mooers will get 1,888 points;
    10 mooers will get 888 points.
    Participation Reward:
    All relevant posts with more than 30 words will get 66 points!
    *Note:  one can only get one reward out of the three mentioned above.
    Selection criteria
    1. Content quality: authentic personal story.
    2. Good typesetting with order histories, stock's trend or other helpful charts.
    3. User interaction with the post.
    4. Relevant tickers added.
    Event Duration: Now–December 28th, 11:59 pm ET
    Click here to join now! What's the biggest mistake you made?
    Write your own ideas: Plagiarism or cheating is not acceptable on moomoo in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.
    Check here “Mooers' Stories" for more stories in the previous sessions.
    What's the biggest mistake you've made while trading?
    30
    Having limited fund in trading account does make one think very hard when selecting a stock to invest in. Also, being scarred from previous experience of trusting some hype stocks, I'm now more weary of hot stocks without fundamentals.
    Homework (Watchlist)
    I do my homework by keeping a watchlist. During weekend as prepartion for week ahead, I would scan through ETF, indices to identify potential stocks. There are many places to find such lists, including MooMoo under Explore > Industry, Concepts. I generally look for strong up trending sector then strong momentum stocks within that sector. Group these into a watchlist.
    Homework (Basic info)
    Then I would look for basic info and latest investment news of the stocks. Again, I just want to know what I'm buying
    Depending on my interests in the stocks, I may or may not deep dive into news part. Sometimes to have a feel on upcoming business opportunities of these stocks. Those with merging & acquisition ones may have impact of stock prices.
    Unfortunately, I'm not classically trained accountant so I cannot comprehend financial reports in detail. I often just make a note if the company is making profit
    Homework (Chart reading)
    I try my best to study price structure of the stocks in watchlist. Basic trends, resistance and support levels, volume and candlesticks. Then to make an educated guess on predicting price action.
    One tip to share: you can set alerts on some price points to initiate trade.
    Execution: Gut Feel?
    After all the homework, it's time to trade! Recently I wanted to initiate a long position but I had to choose between $Apple(AAPL.US)$ or $Advanced Micro Devices(AMD.US)$. Both were around $150 at the time and were looking uptrend. In the end, I trusted the up trend in Apple and gut feel. Just exited the trade with a small profit but the market is very choppy recently. On hind sight, choosing Apple over AMD was a wise decision because AMD suffered a 15% correction during the same period. Oh, you do need some luck sometimes!
    AI Monitor
    So I went to check out the AI Monitor at MooMoo. Will give it a try. I see some of the signals are related to my homework. So perhaps I can spend a little less time with homework and more time with family.
    The market is rather stormy now, seeing $Tesla(TSLA.US)$ dipped below $900 and other mega cap stocks affected too. Safe trading!
    2
    Tesla Stock Vs. BYD Stock: EV Markets
    Tesla $Tesla(TSLA.US)$ is a truly global EV giant, with major sales in North America, Europe and China. It has notable business in Korea and some other Asian markets, as well as the Mideast. It has two plants, in Fremont, Calif., and Shanghai, China. Tesla will soon open plants in Austin, Texas, and near Berlin. Tesla already exports to Europe, mostly from the Shanghai plant.
    The upside is that BYD $BYD Company ADR(BYDDY.US)$ has a lot of markets to expand into. It has just started to sell the Tang SUV in Norway, giving it a foothold for a much-larger expansion across Europe. It is shipping some EVs to Latin America. It also has big designs on Australia.
    Its low-to-moderate-priced vehicles could serve rich and developing nations, while Tesla's current and planned vehicles are clearly aimed at affluent customers in rich nations. But America isn't in BYD's sights for now. Tariffs on China-made autos make exports to the U.S. cost prohibitive. BYD does not have any public plans for a U.S. EV plant so far, though it does make some EV buses here.
    $Rivian Automotive(RIVN.US)$
    Part of the content is taken from Investor's Business Daily.
    Tesla Stock Vs. BYD Stock: Tesla Growing Fast, But EV Rival Is Catching Up
    2
    $Tesla(TSLA.US)$ gap is filled. when elon finish selling...
    hold well into end of 2021 and we have Q4 results and 2022 catalysts coming. no fear dont panic sell
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    $SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$ $Apple(AAPL.US)$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US)$
    Proves better to buy the dip & sell the rip, active management will trump passive management. 
    Hedging is one of the worst disciplines one can engage. Sunk cost is sunk cost. Recursive logic given end game results is why hedging is just an awful practice. 
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    $NIO Inc(NIO.US)$ dont be spooked, Halloween is over, Christmas is coming and so are the gifts