Rule One: Do not sell at high prices, do not buy at low prices, do not trade in sideways markets.
Rule Two: Buy in downtrends, sell in uptrends, move against the trend to be a hero.
Rule Three: Hold stocks firmly until the closing of the first long positive candlestick at the bottom.
Rule Four: Reduce positions on high-volume declines, treat low volume at new lows as the bottom line, consider increasing positions on high volume rebounds, confirm the turnaround before entering the market.
Mnemonic Five: Horizontal consolidation at high levels when rising, seize the opportunity and sell quickly. New lows in the low-level consolidation, all-in to buy at the right time.
Mnemonic Six: Selling should have good market sentiment, bullish expectations following positive news. A prerequisite for hot sales is cold washing, with volume stagnation indicating the end of a trend.
Mnemonic Seven: Slowdown in the downtrend, gradual rebound; Acceleration in the downtrend, rapid rebound.
Mnemonic Eight: Don't get attached to hot stocks, remember to rotate holdings. From the beginning to the end of trading, it's a waste to hold onto stocks forever.
The mnemonic for this year is not to buy last year's hot stocks. Do not buy the hot stocks from the first half of the year in the second half of the year.
The tenth mnemonic is to have negative news for shorting. In a bearish trend, it's good to clear the plate. Continuously hitting new lows is a sign of a clear direction. A lack of volume indicates the extreme.
To all of you who are panicking and cutting losses due to Biden's nonsense
$Nasdaq 100 Index Continuous (2106)(NQmain.US)$ $Nasdaq 100 ETF (QQQ.US)$ $Nasdaq Composite Index (.IXIC.US)$
$Nio Inc (NIO.US)$ $Tesla (TSLA.US)$ $S&P 500 Index Continuous (2106)(ESmain.US)$ $S&P 500 Index (.SPX.US)$