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cui师傅 Private ID: 70864778
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    $Meta Platforms (FB.US)$
    $Invesco QQQ Trust (QQQ.US)$
    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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    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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    $Direxion Daily Small Cap Bull 3X ETF (TNA.US)$
    Ultra VIX Short-Term Futures ETF-ProShares(UVXY.US)
    According to the theory and key points in the LW Oil Pipeline video, the following knowledge points can be summarized and shared with mooers:
    1. Build a pyramid with iwm203 or above.
    2. Coordinate with uvxy rising to the 4-hour gmma resistance level (around 14) as a good time to buy large cap stocks.
    According to this theory, I bought the dip at imw205 yesterday. I write this here hoping to provide some technical reference for everyone. Welcome to discuss.
    P.S. Quoting the classic LW saying: Set a good trailing stop, don't let profitable positions drop more than 50%!
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    $iShares Russell 2000 ETF (IWM.US)$
    $Russell 2000 ETF - Direxion Triple Long (TNA.US) $ $Ultra Vix Short Term futures ETF-ProShares (UVXY.US) $
    Based on the theory and points in the LW Tubing video, the following knowledge points can be summarized and shared mooer:
    1. Open positions at a pyramid above iwm203
    2. With UVXY rising to the GMMA pressure level for 4 hours (around 14), this is a good time to check the bottom of the market.
    Based on this theory, I checked the bottom yesterday at imw205. I'm writing here hoping to give you some technical references. Discussion is welcome.
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