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Last night, as soon as the U.S. stock market opened, it plummeted, and my account showed a loss that peaked at 14,000 USD (approximately 0.06 million MYR), subsequently, my automatic stop-loss and take-profit orders were triggered in succession. Initially, I wanted to witness $NASDAQ (NASDAQ.US)$ whether there would be a long-awaited circuit breaker (dropping to 7%), but by the closing time, it did not happen.
This morning, I saw a sea of sorrow in the market, the Malaysian stock market also opened lower with a gap, here are some tips to share with beginners:
1. When it is raining heavily, do not bet on when it will stop; during a crash, do not bet on where the bottom is, always respect the power of the market.
2. For every stock, you should know when to exit as soon as you enter.
3. As the market goes bearish, short-term trends will be driven by emotions, and all strategies will fail.
4. Do not expect to always do things right; if a mistake is made, you must admit it. I know it's hard, which is why I have always demonstrated how to openly acknowledge losses.
5. We can only earn the money that we can afford to lose. If the current losses are not significant, but they are beyond your capacity to bear, then that amount is your limit for profits in the Stocks market.
6. Stay focused and calm, do not let market emotions lead you by the nose. A lifelong commitment to trading means that daily, monthly, or yearly fluctuations are merely growing pains for me. As long as strict stop-losses are maintained, capital is protected, reviews are optimized, and disciplined buying and selling are followed, long-term gains will certainly outweigh losses.
*I will be making a market analysis video soon:https://bit.ly/jackinvestmentyoutube
...
This morning, I saw a sea of sorrow in the market, the Malaysian stock market also opened lower with a gap, here are some tips to share with beginners:
1. When it is raining heavily, do not bet on when it will stop; during a crash, do not bet on where the bottom is, always respect the power of the market.
2. For every stock, you should know when to exit as soon as you enter.
3. As the market goes bearish, short-term trends will be driven by emotions, and all strategies will fail.
4. Do not expect to always do things right; if a mistake is made, you must admit it. I know it's hard, which is why I have always demonstrated how to openly acknowledge losses.
5. We can only earn the money that we can afford to lose. If the current losses are not significant, but they are beyond your capacity to bear, then that amount is your limit for profits in the Stocks market.
6. Stay focused and calm, do not let market emotions lead you by the nose. A lifelong commitment to trading means that daily, monthly, or yearly fluctuations are merely growing pains for me. As long as strict stop-losses are maintained, capital is protected, reviews are optimized, and disciplined buying and selling are followed, long-term gains will certainly outweigh losses.
*I will be making a market analysis video soon:https://bit.ly/jackinvestmentyoutube
...
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Chinese concept stocks or stocks from China can be considered. Otherwise, it will be necessary to allocate to other safe-haven Assets.
104878569
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ It is recommended not to hold positions anymore, as Trump aims to collapse the US stock market.
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$Super Micro Computer (SMCI.US)$ the CEO is on right now and the first thing Liz is leading off with is the accounting fraud
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$Super Micro Computer (SMCI.US)$ just asked about saving on power by Liz he says we've been a green company for over a decade he says our liquid cooling will save up to 40% of the power of our customers.. this is a huge benefit to them
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$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ There is no bottom, only a downward path.
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104878569 : Not Sure.I think follow Bitcoin