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herpderp Private ID: 101590997
Climbing the ladder
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    herpderp commented on
    China Equities
    51
    What is NFT? Click to read>>
    $WMT.US$ appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of nonfungible tokens, or NFTs.
    The big-box retailer filed several new trademarks late last month that indicates its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a ...
    Daily Poll: NFTs are suddenly everywhere?
    3
    $NVDA.US$ $MRVL.US$ $MU.US$
    UBS analyst Timothy Arcuri recently published a research report on the semiconductor industry, and pointed out that in 2022 the industry's first choice is Nvidia (NVDA.US), Maiwell Technology (MRVL.US) and Micron Technology (MU.US).
    Arcuri explained in the report that Nvidia has established a more “stable” income source around its GPU and software fields, and the company is expected to benefit from it and give the stock a “buy” rating; and Maiwell Technology is expected to use Its "extensive investment portfolio" and 5-nanometer investment have more opportunities.
    In addition, Micron Technology’s third-quarter results announced on Monday exceeded market expectations. The increase in memory demand may “promote the DRAM business growth cycle to be more durable”, which will benefit the company in 2022. Therefore, the analyst also gave the stock a “buy” Into the" rating.
    Article excerpted from the US Stock Research Agency
    $NVDA.US$ nvda too pricey with hikes in play soon..
    Be careful when buying the dip. Always wait for confirmation of a reversal not matter the 'discount' or you will be bagholding. 
    $AMC.US$
    $NIO.US$
    $XPEV.US$
    $AAPL.US$
    14
    $LCID.US$ Stop saying about dip…. pls continue to closely monitor the market and approach in the smartest way as it is very unpredictable now $NIO.US$  $MRNA.US$  $BNTX.US$  $RIVN.US$ $NVDA.US$  $Meta Platforms.US$
    2
    There are a few ground rules which I follow when it comes to trading.
    First and foremost, I follow a system for everything. For my value investing, I do a certain amount of due diligence before starting a position in any stock. I look through articles, financial reports etc. before I decide if it is worth a buy. Similarly, for day-trading or momentum trading, I go in and go out of a trade solely based on technical indicators. When a system is followed, trades are consistent, and you know exactly what you're doing. You aren't just copying someone off Youtube. You aren't just buying because everyone is talking about it.
    Second of all, I fight the urge every time I panic. Emotions are your biggest enemy in the stock market. Sometimes, when you followed your system but things go south, it may be tempting to panic-sell. When we're in this state, it's tough to make rational decisions. It is true that in some situations, for example, if a company is suddenly in a lot of trouble and its prospects are drastically affected, it may be a good idea to cut your losses. However, if your stocks are tanking because major indexes are falling, or because of FUD that's not directly related to the prospect of the company itself, then do think again. Distract yourself. Close the app. If you truly believe in the stock, you wouldn't be panicking. Warren Buffett has never tried to time the market. He is systematic and he does not let his emotions cloud his judgment. This is how it should be done.
    Lastly, manage your risk well. Money management is important. I allocate a fixed percentage of my money to blue chips and ETFs. $AAPL.US$ , $BRK.B.US$ and $SPY.US$ are some examples. This is my retirement money. I also allocate a smaller percentage to riskier ventures like day-trading and momentum-trading. Finally, I allocate some percentage to stocks which have considerable risk associated with them, yet I am going to gamble on the long term prospects because I love what I see right now for these companies. These are mainly Chinese EVs like $NIO.US$ , fintechs like $FUTU.US$ and $SOFI.US$ , to name a few.
    Do not be the one guy who puts 90% of his savings into day trading, only to lose half of it in a week. Manage your risk and your money well. While you're at it, know how to put a stop loss or a trailing stop on your positions if necessary. This is especially important for day trading.
    17
    $AMD.US$ amd sitting right above critical support of 20SMA. As I said this is a strong support and if it does break, do not rule out a possibility of pullback or correction as AMD has gotten a huge rally recently. Stocks don't just go in one direction. Any fall will eventually have a relief rally and any bull rally will have a correction. It is just healthy stocks movement. I will be looking to enter heavy after this pullback as I do not buy at the top.
    This market correction we are likely to go through will drag AMD together no doubt. But AMD might just outperform the market and not fall as much. So stay nimble and look at price action to know entry points.
    Subscribe to my channel and stay up to date with latest support and resistance. And also stay ahead of the market as I already called for profit taking 3 weeks ago at market all time high.
    https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
    As always, trade safe & Invest wise!
    $NIO.US$ just end above 40 is miracle already.. No more high hopes for you😭 1 day green with 1% increase 4days red with 10% decrease