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Antony Chang Private ID: 70791452
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    Antony Chang reacted to and commented on
    Recently, the price of a social media giant has plummeted. I saw N people hurriedly “scavenging the bottom” on various platforms. I thought I had found a big bargain, and as the stock price continued to fall, I started to panic again. Actually, in my opinion, I need to figure out my role in the stock market first, and then do something loyal to that role. If you think about it, what kind of image would it be to wear a Taoist uniform and read the sutras in a temple every day? If you consider yourself a long-term investor, always optimistic about this company, and encounter a sharp drop, you think this is a rare discount opportunity. Then you can continue to invest in the long term, just hold on to it. Don't worry too much about the time costs
    If you're just betting on it, it will bounce back. So you need to have a basis for gambling, right? On what basis? technology? news? Feeling? No matter what you base it on, please continue to rely on it.
    I'm currently based on technology, so I haven't joined; I'm still waiting. I've heard the phrase “fall sharply, don't break the bottom” from my teacher a long time ago. The logic behind this sentence is the same as what we often hear, “If you stand on the cusp, even a pig can fly.” The reflection is to follow the trend and do more with less. I will continue to explore technical indicators such as GMMA, parallel channels, and minimum resistance levels. Contrast my conclusions with the views on this subject mentioned in the teacher's daily two-day video, and wait patiently for the opportunity. It's like a hungry wolf waiting for its prey. The social media giant is a real piece of meat. I want to make sure I'm eating meat and not a moustache.
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    Antony Chang reacted to and commented on
    $Meta Platforms (FB.US)$
    $Invesco QQQ Trust (QQQ.US)$
    In the past week, the stock market has been volatile, with QQQ experiencing its largest decline since 2020, dropping 4% in a day. Facebook, on the other hand, plummeted 26% in a day due to a disastrous financial report, even worse than penny stocks. Yesterday, a friend of mine told me that he saw Facebook had already dropped by over twenty percent, so he entered the market at 239 to buy the dip. After buying the dip, Facebook continued to decline, but he kept buying the dip without setting a stop loss...
    I am fortunate to follow the reading notes of my mentor, Wolf King, and learn the correct operation method in the stock market. The golden rule of Wolf King: buy more as the trend rises, and never buy more as it falls! This is an absolute truth. Experience in the stock market can be gained through personal attempts, but a more effective method is to learn from others' experiences.
    Translated
    Do not average down as the stock price falls.
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    Antony Chang reacted to and commented on
    $S&P 500 Index (.SPX.US)$
    On the first day of the year of the Tiger, I first wish the viewers who see this post a happy Chinese New Year.
    Looking back at 2021, the world has spent its second year in the pandemic, with countries under lockdown, protests from the people, businesses closing down, and the economy becoming increasingly difficult to understand...
    But there is another group of people who have doubled their wealth during the pandemic. The rich get richer, the poor get poorer. This mysterious force repeats its effect on everyone every day, every year.
    The reason behind it? It's actually very simple: the difference in perception. The essence of wealth, the essence of business, is actually the difference in perception.
    People with high cognitive limits see the world differently, see different problems, and see different opportunities. The most difficult thing about "cognition" is often that people lack awareness of it, unaware that their cognition is insufficient, thinking that everything is pretty good. Until one day their cognition is crushed by external forces.
    The same candlestick chart, some people see it as a bunch of useless bar graphs, even with red and green distinctions. Others see it as if seeing red/green banknotes waving at them. This is the different results brought by different cognitions.
    Here's a simple self-question for you: Do you open the trading software every day? If the answer is yes, then no matter what, you need to learn more about trading techniques. Learning trading techniques = gaining new knowledge. Its underlying logic is to break through your...
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