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the best thing to stay away from the Market volatility is to avoid reading the comments and rely on our own calculations
some comments are bringing more crisis than the Market
$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$
some comments are bringing more crisis than the Market
$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Alphabet-A (GOOGL.US)$ $Amazon (AMZN.US)$
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Nothing earth shaking or sophisticated, not able to manage risk and put stop loss to trades are by far biggest mistakes for me.
This year, the Chinese theme stocks were just super volatile.
Just to name a few. On a particular counter, I decided to average down instead of sticking to my trading plan to cut loss when the price dropped. Holding to the believe, the storm will be over soon and it will rebound soon. That was in May and the stock just keep forming lower low and breaking new lows![]()
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It is now a long term investment.
Since then, I always make sure I have stop loss for each trade and not to take on extra risks.
This year, the Chinese theme stocks were just super volatile.
Just to name a few. On a particular counter, I decided to average down instead of sticking to my trading plan to cut loss when the price dropped. Holding to the believe, the storm will be over soon and it will rebound soon. That was in May and the stock just keep forming lower low and breaking new lows
It is now a long term investment.
Since then, I always make sure I have stop loss for each trade and not to take on extra risks.
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LCY97
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$Tesla (TSLA.US)$ Do you need to temporarily leave the market? Has the support broken?
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