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Chuan Zhao Male ID: 23530165
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    $Hang Seng Index (800000.HK)$
    $Tesla (TSLA.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    I've mentioned this topic before, and I'm going to talk about it again today. I used to blindly buy and sell stocks according to the positions of video bloggers. Moreover, I followed not just one video blogger. The stocks I bought were basically similar to index funds. My experience was losing money. I don't know if any of you viewers who operate like this have made money. If you have made money and endorse this approach, then just stick with it. Perhaps this is your trading plan.
    However, upon reflection, I realized that I simply don't have the time to look at so many stocks, nor the possibility of knowing the bloggers' actions immediately. So, I can't copy this method of doing homework.
    After encountering langwang, I started trying to learn trading techniques, attempting to make plans and trade based on my own knowledge. Although most of the time his entry points are crucial references, even the only answer for me. But now, I am still trying hard to adhere to my own trading plan.
    If you carefully look at Langwang's video description column and channel homepage, you will find that Langwang's channel layout is very thoughtful. Please take a moment to think about why Langwang puts the latest videos at the bottom of the homepage, instead of following the common practice of many bloggers who put...
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    $Apple (AAPL.US)$ 
    $Tesla (TSLA.US)$ 
    $Netflix (NFLX.US)$ 
    After buying stocks, when losses occur, how long can you tolerate unrealized losses? Personally, I think this mostly depends on your confidence in holding the stocks. There are several sources of confidence, such as:
    1. Understanding the fundamentals of stocks
    2. Inferring from technical analysis
    3. Or continue to hold due to friends around holding
    4. Heard that the stock price can triple
    5. The stock analyst's bullish rating on this stock, and they generally do not make mistakes
    6. Due to recommendations from financial bloggers
    7. Personal intuition judgment, company's performance is very good, and will soon break out
    etc...
    Which type of confident stock operation do you hold above, will definitely influence it. Furthermore, the so-called sources of this confidence also affect whether we can make correct and rational judgments on investment stocks, thereby selecting symbols rationally and setting rational stop losses and profits. I believe that some of these so-called sources of confidence can be used for reference, and some require thinking, rather than blindly following others. In order to avoid blind following, one must improve their ability to judge the market. There are many ways to improve, such as self-study and finding a mentor who suits you. Because I have always been interested in technical analysis of stocks, I choose technical analysis to increase my confidence in holding stocks. Nearly a year ago, I was fortunate enough to learn pure technical analysis methods from the video lessons of the Wolf King Financial blogger, benefiting...
    Translated
    Where does your confidence in holding stocks come from?
    $Tesla (TSLA.US)$
    $Apple (AAPL.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    Recently, the market is becoming more and more difficult to control, and I don't know whether to go short or go long. Either they can't keep up with the pace of the market, or they're frustrated that they can't get out of it, or FOMO is catching up with the duvet. I don't know the reason why I should do it. After careful thought, I still haven't established an operation strategy that suits me. There are various operating strategies, and what is right for others may not be right for you. I personally think that either left-hand trading or right-side trading is the main one. Just set your own trading strategy and execute it according to the strategy. If left-hand trading is the main focus, wait patiently for lows and opportunities. In actual operation, when judgments are inaccurate, strict implementation of stop-loss can reduce losses. However, if you mainly trade on the right side, don't worry about going short for a while, and wait until the trend is clear before operating. Regardless of the method, there is no such thing as right or wrong. The most important thing is to practice and operate in whichever way suits you. Operation without a trading strategy is easy to be punched in the face by the market. I think I'm still a stock market nob, and I have a lot to learn. My method of learning is to find videos that suit my trading style, which also allowed me to find the right mentors for me to follow. Recently, I've been following his Reading Notes channel to learn the interpretation of Wall Street stock master Jesse Livermore's legendary experience in the stock market, benefiting...
    Translated
    Stock trading strategies
    1
    $Tesla (TSLA.US)$
    $Apple (AAPL.US)$ 
    $FULU HOLDINGS (02101.HK)$ 
    This question has been discussed many times. What is my role in the marketplace? Value investor or trader? Everyone can have a different role. Just like everyone can have several stock accounts. Just do what's right for your character. But be sure to be careful and don't screw it off. It's like a comment in a comment. I think they clearly confused their characters and wrote their comments after coming back to the perspective of God.
    Let me first talk about my first thoughts after seeing the reviews. I'm not disappointed; I'm affirming myself. I am very happy that I have not been interrupted by the market. I have stuck to my trading plan, that is, I have not opened a position until the opening range on the left. Chasing breakthroughs is something I don't want to do in the current environment. So I haven't touched Tesla at all.
    No matter what type of role you are in, make your own trading plan before you trade. Then try to abide by it. This is a big rule. There is no such principle. If you hear someone say buy today, buy it; if you hear someone say sell tomorrow, sell it. Unless this person is God, if this is the case for a long time, and if I don't lose money, I'd be happy to see why? When it comes to people who complain, I don't want to argue with them, and I don't want to try to make them understand my point of view. I just wanted to use this example...
    Translated
    Rethink your position in the market
    3
    Chuan Zhao liked and commented on
    $iShares China Large-Cap ETF (FXI.US)$
    $Tesla (TSLA.US)$ 
    $Apple (AAPL.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    When you see stocks rise, you want to chase; when you see them fall, you panic. Or maybe you buy based on recommendations from friends or influencers, feeling happy when you profit and frustrated when you lose without knowing why. I believe many friends have had this experience. Greed and fear are instinctual human traits. It's said that the hardest part of investing is overcoming human nature. To maintain a good mindset, it's not enough to rely solely on strong mental toughness to combat human weaknesses; you also need your own perfect trading system. So, how to go about it?
    First, you need to understand your investment style.
    1. Suitable investment period. Are you good at short-term or long-term investments?
    2. Investment type. What is the expected return and the maximum acceptable loss? Is it conservative, moderate, or aggressive?
    3. Investment preference. Do you have a familiar industry or field? When choosing specific stocks, do you consider fundamental analysis or technical analysis?
    By understanding these questions, we can better help you establish a trading system that matches your style.
    Second, establish a trading system, which means that these questions should be considered before buying stocks, including:
    1. Why buy? What are the basis and criteria for selection? (Selecting symbols)...
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    6
    Chuan Zhao liked and commented on
    $Invesco QQQ Trust (QQQ.US)$
    $Tesla (TSLA.US)$ 
    $Netflix (NFLX.US)$ 
    $NIO Inc (NIO.US)$ 
    The market continued to rise today after a slight adjustment yesterday, and all major indices rose across the board today. Take QQQ as an example. Since it rebounded from 317 points to 359.65, it has received six positive lines, and is close to its strongest pressure level of 360-365. After the market reaches this point, many shorters will participate in shorting after all, so in this position, we must pay attention to protecting profits, gradually reducing positions, and locking in profits. Judging from the current closing position, I feel that it should be inappropriate to aggressively go long, don't go short; simply stop and don't operate. At the same time, we still need to calm down and learn stock knowledge well. I'm still concentrating on following my mentor's reading notes and videos to learn about the legendary experiences of Wall Street stock guru Jesse Livermore to improve my judgment and technical analysis skills. If you are interested in reading books, you can search the internet for Jesse Livermore's financial reading notes. I believe you will also gain quite a bit. Maybe I'll be able to find a mentor to follow!
    Translated
    Has the market reached a pressure level after rebounding?
    5
    Chuan Zhao liked and commented on
    $iShares China Large-Cap ETF (FXI.US)$
    $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ 
    $Tesla (TSLA.US)$ 
    $NIO Inc (NIO.US)$ 
    After a slight rebound yesterday, Chinese concept stocks opened significantly higher today and rose sharply, becoming the shining star in today's market. FXI increased by 21% today, while YINN increased by 64%. Seeing such a rise, many people may wonder, is this a reversal trend? If so, not chasing now, wouldn't it mean missing a perfect opportunity for a sharp rise? Can you tolerate torturing yourself with the fear of missing out on such trades? Actually, when you calm down and think, whether to chase, how to chase, what are the risks of chasing, and so on, it is still important to analyze carefully and make decisions properly. Instead of blindly following the market uptrend and going long. Considering the recent falls of Tencent and Hang Seng Index below the long-term strongest support, this rally of Chinese concept stocks should be a rebound rather than a reversal. Therefore, since the opening today, I have been reducing FXI and YINN positions batch by batch as planned along with the rebound, because although FXI has recently broken through the 2-hour GMMA support range, it is still in a downtrend, with the strongest support around 37. I personally realized, gradually reducing positions during the stock price increase process is actually...
    Translated
    Do you want to chase Chinese concept stocks?
    5
    Chuan Zhao liked and commented on
    $iShares China Large-Cap ETF (FXI.US)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$  $Tencent (TCEHY.US)$  $S&P 500 Index (.SPX.US)$ 
    Recently, Chinese stocks have entered a state of overfall, drawing a line for FXI with Wolf God GMMA. From the monthly line level, the next support level may be in the range of 26.2-27.8. After entering this range as scheduled on Monday, the small positions were laid out a few hands. It rebounded as scheduled on Tuesday and the market is expected on Wednesday, but it is important to remember that it is only a rebound, not a reversal! For the Chinese stocks in hand, every rebound at this time is either an opportunity to escape or an opportunity to stop making a profit.
    Why would you say that? You can also see from Tencent's weekly GMMA that Tencent has never fallen below the support of the GMMA weekly long-term moving average group since August 2004, but now it does fall below the support of the weekly GMMA long-term moving average group. What does this mean? This shows that Tencent has fallen below the trend of nearly 20 years! In this case, do not have any illusions that China-listed stocks will soon return to the upward trend, so there will be a rebound, but not a reversal. If I enter the market on the left, I will only suck on bargain and sell on sale.
    It is not easy for the stock market to do this year, the trend of the bull market has fallen below, and it is not clear whether the bear market will come. Me.
    Translated
    Chinese stocks rebounded, stop the profit or copy the bottom?
    Chinese stocks rebounded, stop the profit or copy the bottom?
    5
    Chuan Zhao liked and commented on
    $Tesla (TSLA.US)$
    $Occidental Petroleum (OXY.US)$ 
    $Lockheed Martin (LMT.US)$ 
    $Netflix (NFLX.US)$ 
    Yesterday, the major stock indexes in the market rebounded as expected. Have you taken the opportunity to go long? The answer should be not yet. From the perspective of daily candlestick technical analysis, all major indexes are in a downtrend, with significant resistance above the rebound, so it is not suitable to aggressively go long. The recent market is unstable, and I have not made any moves. The ability to avoid hasty and blind operations is thanks to the insights gained from following the mentor's notes and learning from the legendary experiences of Wall Street stocks master Jesse Livermore. For stock market beginners, rather than buying stocks randomly, it is better to start learning from reading books related to stocks. Friends interested in reading can search online for financial reading notes about Jesse Livermore, and I believe you will also benefit greatly.
    Translated
    Is it time to go long?
    8
    Chuan Zhao liked and commented on
    $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
    $Tesla (TSLA.US)$ 
    $Occidental Petroleum (OXY.US)$ 
    $Netflix (NFLX.US)$ 
    With the intensification of tensions between Russia and Ukraine, US stocks are also affected by it. The major indexes did not extend the upward trend of the day before yesterday, and all fell back high today. The sign of the bull market is about to disappear, but is there really a bear market coming?
    UVXY is showing signs today that it is likely to break the key point of $22 in the previous period. Once UVXY breaks through this key point, it means that the upward space is open, and the market may really be about to go. Therefore, the rational operation strategy, personally think that now is not suitable to copy the bottom of the market. It is true that in the previous period of stock market decline, many stocks have fallen sharply and seem to be very cheap, but is this really the cheapest bargaining chip? Or will there be cheaper stock prices? Judging from the trend of UVXY today, it is the best strategy not to be greedy for bargains at this time, but to wait and see. It is not too late to enter the arena when the situation becomes a little clearer. Taking this opportunity, you might as well calm down and learn more about how the stock market operates. Follow my mentor's reading notes and continue to learn the classic trading case of Wall Street stock guru Jesse Livermore, one of the important things to learn is to wait.
    Translated
    Will UVXY pop up?
    12