YYDS-SIN
liked
$UP Fintech (TIGR.US)$ Many brothers have unwound their positions today, including myself, but I have not sold, instead I have set a stop-loss point to continue holding.
Because being trapped for many years, I can understand the feeling of fear and wanting to run away, which is normal, but this mentality basically does not make money.
I don't know about everyone else's situation, but in 2021, I found it easy to make money in the stock market (didn't research at all, it was a super bullish market, everything was going up). That was also my first time playing stocks, holding onto $50,000 and randomly buying. After easily making $40,000, I thought why is it so easy to make money in stocks? I had no sense of awe, and I was reluctant to sell or set stop-loss points (very greedy, didn't consider the possibility of a major drop, as a novice, felt like setting a stop loss would lose $9,000, heartbreaking, a qualified newbie haha). Later on, I continued to buy $20,000 more after being trapped, resulting in going from a profit of $40,000 to being trapped with over $50,000. This money that has been trapped for these years cannot be touched (I really can't bear to cut...). But after paying tuition, naturally, I had to learn something. Blind speculation in stocks is not advisable, one must have their own plan and goals, see where the opportunities lie, where the trends are, don't go against the capital, be content with the gains, so the most important thing is self-discipline, because it goes against human nature, once you get heated in the brain, it's over, you must analyze rationally, if you should set a stop loss, set it, don't feel reluctant to take a 10% loss, you should know that you are only risking 10% to win a 2-4 times profit, it's simply too worthwhile.
Afterwards, continuing to buy $20,000 more, the profit of $40,000 turned into being trapped with over $50,000. This trapped money over these years cannot be moved (I really can't bear to cut...). But after paying tuition, one should naturally learn something. Blindly speculating in stocks is not advisable, one must have their own plan and goals, see where the opportunities lie, where the trends are, don't go against the capital, be content with the gains, so the most important thing is self-discipline, because it goes against human nature, once you get heated in the brain, it's over, you must analyze rationally, if you should set a stop loss, set it, don't feel reluctant to take a 10% loss, you should know that you are only risking 10% to win a 2-4 times profit, it's simply too worthwhile.
If it's going to fall later, just let it fall. What are you afraid of if you have a stop-loss point??? Makes no sense (unless there is a big crash in overnight trading...
Because being trapped for many years, I can understand the feeling of fear and wanting to run away, which is normal, but this mentality basically does not make money.
I don't know about everyone else's situation, but in 2021, I found it easy to make money in the stock market (didn't research at all, it was a super bullish market, everything was going up). That was also my first time playing stocks, holding onto $50,000 and randomly buying. After easily making $40,000, I thought why is it so easy to make money in stocks? I had no sense of awe, and I was reluctant to sell or set stop-loss points (very greedy, didn't consider the possibility of a major drop, as a novice, felt like setting a stop loss would lose $9,000, heartbreaking, a qualified newbie haha). Later on, I continued to buy $20,000 more after being trapped, resulting in going from a profit of $40,000 to being trapped with over $50,000. This money that has been trapped for these years cannot be touched (I really can't bear to cut...). But after paying tuition, naturally, I had to learn something. Blind speculation in stocks is not advisable, one must have their own plan and goals, see where the opportunities lie, where the trends are, don't go against the capital, be content with the gains, so the most important thing is self-discipline, because it goes against human nature, once you get heated in the brain, it's over, you must analyze rationally, if you should set a stop loss, set it, don't feel reluctant to take a 10% loss, you should know that you are only risking 10% to win a 2-4 times profit, it's simply too worthwhile.
Afterwards, continuing to buy $20,000 more, the profit of $40,000 turned into being trapped with over $50,000. This trapped money over these years cannot be moved (I really can't bear to cut...). But after paying tuition, one should naturally learn something. Blindly speculating in stocks is not advisable, one must have their own plan and goals, see where the opportunities lie, where the trends are, don't go against the capital, be content with the gains, so the most important thing is self-discipline, because it goes against human nature, once you get heated in the brain, it's over, you must analyze rationally, if you should set a stop loss, set it, don't feel reluctant to take a 10% loss, you should know that you are only risking 10% to win a 2-4 times profit, it's simply too worthwhile.
If it's going to fall later, just let it fall. What are you afraid of if you have a stop-loss point??? Makes no sense (unless there is a big crash in overnight trading...
Translated
17
4
1
YYDS-SIN
liked
$NIO Inc (NIO.US)$ Today, break through 6 and refuel.
Translated
6
2
YYDS-SIN
commented on
$NIO Inc (NIO.US)$ something tells me 4s won't last long!
2
7
YYDS-SIN
commented on
$NIO Inc (NIO.US)$ are you happy now?
4
1
YYDS-SIN
commented on
$NIO Inc (NIO.US)$ Really disappointing.
Translated
7
YYDS-SIN
liked and commented on
$NIO Inc (NIO.US)$ dnt sell dnt let shortist cover cheap
3
6
YYDS-SIN
liked
$Mullen Automotive (MULN.US)$ I would be surprised if this turd is above .05 at the end of today's trading.
4
2
YYDS-SIN
liked
$Mullen Automotive (MULN.US)$ Disappointment time and time again.
Translated
2