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Bluebee Private ID: 102870949
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    $UP Fintech (TIGR.US)$ 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...
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    $CrowdStrike (CRWD.US)$ always test before pushing to prod 😆
    Bluebee commented on
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    There are many investors who call themselves technical traders. And the first thing a technical trader learns is where to find support levels. These are areas where there is a high likelihood of potential buyers stepping in to "support" or keep the price from falling lower. Support zones are also refered to as demand zones. It is not easy to find support zones on all ticker symbols but some tickers form very clear trends with obvious t...
    Using Technical Support Levels to Predict Future Price Action
    Using Technical Support Levels to Predict Future Price Action
    Using Technical Support Levels to Predict Future Price Action
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    $Sea (SE.US)$ Base on historic data, prices just fluctuate too much.
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    "Never go against the Federal Reserve" is a proverb on Wall Street. However, last week's US stock market ignored this and several Federal Reserve officials have made hawkish statements, but the stock market still turned a blind eye to these negative news, even celebrating bad news, continuing to rise without interruption. It only fell slightly on Friday after the double-exceeding expected employment data was released. The Nasdaq rose 2.3% for the entire week.
    Nasdaq five-day volume and price chart
    The job market is already beyond the description of being hot
    The employment data announced before the market on Friday is the most important macroeconomic data of the week, and it is one of the two most important data for the Federal Reserve's interest rate decisions.
    The expected value for the increase in employment is 0.25 million, but the actual value is 0.525 million, which is exactly double! The unemployment rate has also reached a historical low. This data can no longer be described as "hot", we need to use the word "very hot". After the data was announced, the Biden administration immediately took credit, saying that under their wise leadership, the US economy did not fall into recession and everyone can find a job!
    Source: Huitong Financial
    On the other hand, the average weekly wages have also risen by slightly more than expected, reaching 5.2%. This is a ominous sign for efforts to reduce inflation, as the cost of wages is difficult to decline once it rises. Therefore, the stock market's decline on Friday was a sensible response.
    The probability of a 75 basis point rate hike in September has increased significantly.
    After the release of strong employment data, the market is betting on a rate hike in September...
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    Week 31 of 2022 - Don't go against the Federal Reserve.
    Week 31 of 2022 - Don't go against the Federal Reserve.
    Week 31 of 2022 - Don't go against the Federal Reserve.
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    $Tesla (TSLA.US)$  Bear 🐻 or Bull 🐮
    Yesterdays holiday will it affect todays volume to double?
    Your thoughts on this weeks pricing with recent news and updates?
    Adding what I learnt on SAR indicators and other charts I typically reference below 👇
    $Tesla (TSLA.US)$
    My advice, “Always good to reference to charts, however you need to do sufficient homework 📚 like understanding the company, products, R&D, expenditure and profitability to...
    Good time to poll + SAR indicator example + Trading Journal
    Good time to poll + SAR indicator example + Trading Journal
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