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Snowy Tulip Female ID: 102251982
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    Snowy Tulip liked and commented on
    $iShares China Large-Cap ETF (FXI.US)$
    $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ 
    $Tesla (TSLA.US)$ 
    $NIO Inc (NIO.US)$ 
    After a slight rebound yesterday, Chinese concept stocks opened significantly higher today and rose sharply, becoming the shining star in today's market. FXI increased by 21% today, while YINN increased by 64%. Seeing such a rise, many people may wonder, is this a reversal trend? If so, not chasing now, wouldn't it mean missing a perfect opportunity for a sharp rise? Can you tolerate torturing yourself with the fear of missing out on such trades? Actually, when you calm down and think, whether to chase, how to chase, what are the risks of chasing, and so on, it is still important to analyze carefully and make decisions properly. Instead of blindly following the market uptrend and going long. Considering the recent falls of Tencent and Hang Seng Index below the long-term strongest support, this rally of Chinese concept stocks should be a rebound rather than a reversal. Therefore, since the opening today, I have been reducing FXI and YINN positions batch by batch as planned along with the rebound, because although FXI has recently broken through the 2-hour GMMA support range, it is still in a downtrend, with the strongest support around 37. I personally realized, gradually reducing positions during the stock price increase process is actually...
    Translated
    Do you want to chase after Chinese concept stocks?
    5
    Snowy Tulip liked and commented on
    $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
    Today I found the perfect trend, but I couldn't overcome my own inner demons. I didn't follow the trading disciplines, made a small profit, but missed the big fish.
    After the closing yesterday, the consultant believes that the market may fall today. The analysis from the guru's video also predicts a decline because most of the indices are near the support level, so a pullback is highly likely to occur today. Don't doubt it! It's that accurate!
    As shown in the figure, trading starts when the levels of the three boxes are determined. Do not trade before that, make sure to control yourself because the trend is not clear. Rushing in can easily lead to losses.
    After determining the levels of the three red boxes, draw all the lines. Note that all lines are drawn before trading. They can be adjusted later, but there should be a general direction. If the direction cannot be determined, then do not take action!
    The blue line represents the upward support, trend, and resistance. The green line represents the downward resistance line. The black line represents the resistance.
    Successfully bought SPY 442 CALL at point 1, price 3.18. The plan was to take half profits at position three. If the remaining half falls and the loss reaches 50%, stop loss. If it continues to rise to the black line pressure zone, take full profits. But I couldn't overcome my own inner demons and sold everything at point 2. Price 3.32. Only made 1 cent 4. The position is still good, and I've got a week's worth of living expenses...
    Translated
    3/10/2022 On the importance of following trading disciplines. If the market hasn't stabilized, it hasn't stabilized.
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    Snowy Tulip commented on
    $Tesla (TSLA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
    Buying stocks requires patience, if you don't want to get trapped, just wait patiently.
    Rebounding means survival, not buying in. Don't let news lead you by the nose, let price technicals tell you when to enter the market, refer to the last drop wave, you may find useful patterns. If not, wait for the bottom to form before slowly buying stocks. Don't just think about buying at the lowest point.
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    Picture
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    Snowy Tulip liked and commented on
    $Tesla (TSLA.US)$
    $Occidental Petroleum (OXY.US)$ 
    $Lockheed Martin (LMT.US)$ 
    $Netflix (NFLX.US)$ 
    Yesterday, the major stock indexes in the market rebounded as expected. Have you taken the opportunity to go long? The answer should be not yet. From the perspective of daily candlestick technical analysis, all major indexes are in a downtrend, with significant resistance above the rebound, so it is not suitable to aggressively go long. The recent market is unstable, and I have not made any moves. The ability to avoid hasty and blind operations is thanks to the insights gained from following the mentor's notes and learning from the legendary experiences of Wall Street stocks master Jesse Livermore. For stock market beginners, rather than buying stocks randomly, it is better to start learning from reading books related to stocks. Friends interested in reading can search online for financial reading notes about Jesse Livermore, and I believe you will also benefit greatly.
    Translated
    Should I go long?
    8
    Like looking at social media, checking on your stocks each trading day is addictive. Seeing your money growing bigger day by day is one of the best experiences.
    However, looking at your portfolio every day in a bear market offers only pain without much real benefit to investors.
    So what's your choice recently?
    Do you take the pain to fuel your passion?
    Daily Poll: How often do you check your stocks
    10
    Since the US stock market fell below the trend, the stock market volatility has been so intense that in an environment unfriendly to beginners, they have followed the advice of online mentors to reduce operations and focus on learning to improve their technical skills. If you want to buy a small position when you step back on strong stocks, the weak stocks that have fallen deeply will buy according to the entry position given by your mentor, sell the pressure position and never love to fight. Don't always be single-minded! The title of the instructor's video today let me taste it carefully for a long time. Before the loss of money is not in the trend of individual stocks fell, or stubbornly cling to it, or the more falling more and more positions? To change the result, you must first change your thinking and then change your operation strategy.
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    Snowy Tulip liked and commented on
    $Occidental Petroleum (OXY.US)$ $Energy Select Sector SPDR Fund (XLE.US)$  $Gold Futures(DEC4) (GCmain.US)$ 
    Recently, US stocks have risen and fallen. The trend of the strong market has not yet been established, yet the bull market has clearly come to an end. Looking around, “gold” (bargains) is everywhere, can't you pick it up?
    The wood was not picked up. The wood will be picked up sooner or later, but not today. Last year's wood would be picked up, but not this year anymore. why?... By the way, many stars gathered in the oil industry, but I was lucky in my life to discover the newest and most beautiful one.
    Knocking and knocking every day, the wood was able to understand it once and a half. This Occidental Petroleum used to be a heartache. When it exploded, he shouted, and the wood was full of doubts and didn't move. I shouted again as I continued to pull. The wood felt that it had missed it, and it still didn't move. I picked it up again yesterday. Mu Dou woke up. Sister Mu Tou came back and drank a big sip of soup today.
    The path to US stocks is difficult. If you want to do it, be a strong stock, cover your wallet, and patiently pay attention to the profit and loss ratio, and spend 5 minutes, half an hour, or 2 hours. When you step back, your chance will come.
    BTW, that's not what I said, this is what I just learned today
    Translated
    This kind of market doesn't have the ambition to break the bottom, but is it bullish to keep up?
    This kind of market doesn't have the ambition to break the bottom, but is it bullish to keep up?
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    Snowy Tulip liked and commented on
    $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
    $Tesla (TSLA.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    $Netflix (NFLX.US)$ 
    With the intensification of tensions between Russia and Ukraine, US stocks are also affected by it. The major indexes did not extend the upward trend of the day before yesterday, and all fell back high today. The sign of the bull market is about to disappear, but is there really a bear market coming?
    UVXY is showing signs today that it is likely to break the key point of $22 in the previous period. Once UVXY breaks through this key point, it means that the upward space is open, and the market may really be about to go. Therefore, the rational operation strategy, personally think that now is not suitable to copy the bottom of the market. It is true that in the previous period of stock market decline, many stocks have fallen sharply and seem to be very cheap, but is this really the cheapest bargaining chip? Or will there be cheaper stock prices? Judging from the trend of UVXY today, it is the best strategy not to be greedy for bargains at this time, but to wait and see. It is not too late to enter the arena when the situation becomes a little clearer. Taking this opportunity, you might as well calm down and learn more about how the stock market operates. Follow my mentor's reading notes and continue to learn the classic trading case of Wall Street stock guru Jesse Livermore, one of the important things to learn is to wait.
    Translated
    Will UVXY pop up?
    12
    $iShares Russell 2000 ETF (IWM.US)$
    $Senseonics (SENS.US)$ 
    $Tesla (TSLA.US)$ 
    $Apple (AAPL.US)$ 
    $FULU HOLDINGS (02101.HK)$ 
    SENS is a medical technology company that focuses on developing and manufacturing long-term, implantable continuous blood glucose monitoring systems for diabetes patients. I have been holding SENS since June 2021, and I am also bullish on SENS' products. Regardless of its ups and downs, I hope to make a profit when its next-generation product is approved.
    On February 11, 2022, SENS obtained approval from the U.S. Food and Drug Administration for the next-generation Eversense E3CGM system. However, the stock price plummeted on that day. A stock that had been profitable for a long time turned into a loss, which is truly ironic. Reflecting on my trading strategy, I realized that I haven't established a profitable trading system for stocks, nor have I pre-planned a profit-making strategy. Of course, I haven't set up stop-loss and take-profit plans, which has caused the stock to become a loss instead of a profit. SENS also made me realize that having confidence in a company does not mean blindly holding it at all costs. A good company may not necessarily be a good investment symbol. And it is even more unwise to rely on news and fantasize about the stock price...
    Translated
    Both taking profit and stopping loss are equally important.
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