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Many people PMed me to ask my view towards the market lately. I can understand how scary it is to see the red (blood on the street...)
But with volatility, comes opportunities. It's very rare to be able to get great companies at discuounted prices like now, so please do your homework and valuation, and start taking action gradually during this period of time. 🤓🤓
Many companies like $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ are also announcing earnings ...
But with volatility, comes opportunities. It's very rare to be able to get great companies at discuounted prices like now, so please do your homework and valuation, and start taking action gradually during this period of time. 🤓🤓
Many companies like $Microsoft (MSFT.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ are also announcing earnings ...
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Previous Highlights
Amid the market sell-off, led by tech stocks, $Tesla (TSLA.US)$ shares retreated below the psychological resistance of $1,000 for the first time since Dec. 21. The company is due to release its quarterly earnings on Wednesday after the close, and given expectations of a stellar quarter (going by the quarterly deliveries) the stock could reclaim the level in the coming week.
There were more direct-t...
Amid the market sell-off, led by tech stocks, $Tesla (TSLA.US)$ shares retreated below the psychological resistance of $1,000 for the first time since Dec. 21. The company is due to release its quarterly earnings on Wednesday after the close, and given expectations of a stellar quarter (going by the quarterly deliveries) the stock could reclaim the level in the coming week.
There were more direct-t...
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My first share investment gave me fairly good returns. So yes, I can say that I do have Beginner’s Luck. My second and third returns got even better each time.
I thought I had Aladdin's Magic Lamp, ready to castles in the air.
The bubble had burst for my fourth. In one stoke, I had lost all profit I had ever made. The next day the market tumbled, eroding almost half my investment.
Along with the share prices, all my castles also had hit the rock bottom. Lesson learnt: Money saved is money earned.
In most endeavors, there is a direct correlation between efforts and results. The stock market does not quite work that way. You can do endless research, study charts, and know every nuance of the fundamentals but still have a negative result.
Traders are ultimately trying to predict the future, and when someone tries to do that, then Luck will be a major factor in determining the outcome.
Most traders underestimate the role of Luck in their trading process, and that is especially so when it is good luck. We are much more willing to attribute good results to skill and bad results to Luck. But, Luck is an equal opportunity employer, and it cuts both ways.
The main problem when we have good luck is that it can lead to overconfidence and drive us to think that we can replicate a great outcome through sheer willpower. It is very easy to ignore the role of Luck in a trade when we have spent countless hours contemplating it and thinking about it.
Overconfidence tends to produce bigger losses when the inevitable bad luck strikes again. We have been fooled into thinking we can always control the outcome when the reality is that Luck (good or bad) is always lurking.
Money management is essentially Luck management. The idea is to find a methodology that limits the damage of bad luck while compounding the benefit of good luck.
Luck : both good and bad - is your constant companion in trading. The more you embrace it and understand it, the better your chances of producing superior returns.
In some way, Trading is like a chess game. A game of wits. You must think hard before you make a move. The stakes are money. In order to win or lose, you have to enter the market and risk money.
It is better to realize that Luck is a double-edged sword. And, it is still better to rely on learned skills with only a quick nod of thanks to any Luck that might have been your ally.
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Hang Seng Index (800000.HK)$ $NYSE (NYSE.US)$ $Fiverr International (FVRR.US)$ $Thermo Fisher Scientific (TMO.US)$ $Meta Platforms (FB.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $Disney (DIS.US)$ $Starbucks (SBUX.US)$ $Coca-Cola (KO.US)$ $American Express (AXP.US)$ $Apple (AAPL.US)$ $Merck & Co (MRK.US)$ $Microsoft (MSFT.US)$ $Tesla (TSLA.US)$ $Goldman Sachs (GS.US)$ $JPMorgan (JPM.US)$
I thought I had Aladdin's Magic Lamp, ready to castles in the air.
The bubble had burst for my fourth. In one stoke, I had lost all profit I had ever made. The next day the market tumbled, eroding almost half my investment.
Along with the share prices, all my castles also had hit the rock bottom. Lesson learnt: Money saved is money earned.
In most endeavors, there is a direct correlation between efforts and results. The stock market does not quite work that way. You can do endless research, study charts, and know every nuance of the fundamentals but still have a negative result.
Traders are ultimately trying to predict the future, and when someone tries to do that, then Luck will be a major factor in determining the outcome.
Most traders underestimate the role of Luck in their trading process, and that is especially so when it is good luck. We are much more willing to attribute good results to skill and bad results to Luck. But, Luck is an equal opportunity employer, and it cuts both ways.
The main problem when we have good luck is that it can lead to overconfidence and drive us to think that we can replicate a great outcome through sheer willpower. It is very easy to ignore the role of Luck in a trade when we have spent countless hours contemplating it and thinking about it.
Overconfidence tends to produce bigger losses when the inevitable bad luck strikes again. We have been fooled into thinking we can always control the outcome when the reality is that Luck (good or bad) is always lurking.
Money management is essentially Luck management. The idea is to find a methodology that limits the damage of bad luck while compounding the benefit of good luck.
Luck : both good and bad - is your constant companion in trading. The more you embrace it and understand it, the better your chances of producing superior returns.
In some way, Trading is like a chess game. A game of wits. You must think hard before you make a move. The stakes are money. In order to win or lose, you have to enter the market and risk money.
It is better to realize that Luck is a double-edged sword. And, it is still better to rely on learned skills with only a quick nod of thanks to any Luck that might have been your ally.
$Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Hang Seng Index (800000.HK)$ $NYSE (NYSE.US)$ $Fiverr International (FVRR.US)$ $Thermo Fisher Scientific (TMO.US)$ $Meta Platforms (FB.US)$ $Amazon (AMZN.US)$ $Netflix (NFLX.US)$ $Disney (DIS.US)$ $Starbucks (SBUX.US)$ $Coca-Cola (KO.US)$ $American Express (AXP.US)$ $Apple (AAPL.US)$ $Merck & Co (MRK.US)$ $Microsoft (MSFT.US)$ $Tesla (TSLA.US)$ $Goldman Sachs (GS.US)$ $JPMorgan (JPM.US)$
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Earnings season is all about financial reports, and I believe most of us here, are not trained properly or professionally to study about financial reports. For myself, a person with science background, my head start to feel dizzy when I look at those figures and financial terms
Luckily, I’ve met two persons, Mr. Fong Siling and Mr. Harry Teo, which helped me on this and now, financial reports are not a stranger to me anymore. I would strongly recommend the series of book written by Mr. Fong Siling (Cold Eyes 冷眼) to all the newbies while for Mr. Harry Teo, his facebook live and contents are easy to follow and I had learnt a lot from both of them.
Alright, as mentioned earlier, currently is the earnings season where most of the companies will release their previous quarter reports to update about their business status....
Luckily, I’ve met two persons, Mr. Fong Siling and Mr. Harry Teo, which helped me on this and now, financial reports are not a stranger to me anymore. I would strongly recommend the series of book written by Mr. Fong Siling (Cold Eyes 冷眼) to all the newbies while for Mr. Harry Teo, his facebook live and contents are easy to follow and I had learnt a lot from both of them.
Alright, as mentioned earlier, currently is the earnings season where most of the companies will release their previous quarter reports to update about their business status....
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AMD has just released their ER on 26Oct, the result was above expectation. However, their stock price did not rise much even with the goods earnings and achievable future roadmap.
Does it means that good earnings is not the main factor affecting stock price?
In my opinion, it does.
However, I think the price have dropped mainly due to market sentiment.
1. AMD price has continuously going up for the past 10 days
2. Current Stock Price may has already included the effect of good result .
3. Trading norm - sell before news
4. Panic selling - once the market starts to dip, many panic sell.
However, I must still say that Earnings will affect the stock price in the long run as it's still one of fundamental factors for investment.
The above are just my own assumptions.... I'm not an expert in trading.😊
Does it means that good earnings is not the main factor affecting stock price?
In my opinion, it does.
However, I think the price have dropped mainly due to market sentiment.
1. AMD price has continuously going up for the past 10 days
2. Current Stock Price may has already included the effect of good result .
3. Trading norm - sell before news
4. Panic selling - once the market starts to dip, many panic sell.
However, I must still say that Earnings will affect the stock price in the long run as it's still one of fundamental factors for investment.
The above are just my own assumptions.... I'm not an expert in trading.😊
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$Microsoft (MSFT.US)$'s $1,500 Surface Duo 2, the company's second folding phone, launched in Oct.
Here's what it looks like...
Does it look a bit familiar?
Ok, it looks kinda like Nintendo's 3DS launched in 2010...
Check out Samsung's and Huawei's foldable phone...
Ok, would you buy Microsoft's Surface Duo 2 and what do you think of it, tell me now.
Here's what it looks like...
Does it look a bit familiar?
Ok, it looks kinda like Nintendo's 3DS launched in 2010...
Check out Samsung's and Huawei's foldable phone...
Ok, would you buy Microsoft's Surface Duo 2 and what do you think of it, tell me now.
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