The large cap has been shrinking for 4 consecutive days, DJI cannot pass the support at 34,000, IXIC also cannot pass the support at 14,000, and SPX cannot even see the shadow of the 4,562 support level. There is a lot of downside space.
So in such a shaky market situation, only day traders can enter the market for trading. You can see the US stocks going up and down every day, all intraday trading, not even able to catch the volatility, let alone beginners, right?
When the direction is uncertain, it is still important to protect your funds, stay in cash, and wait. Isn't it better to buy low when the bottom is reached? There's no need to take risks for a few extra points, don't speculate on where things are now, the stock market follows its own script, as it often moves contrary to human nature.
However, if you really can't control yourself, you can also refer to the trend usage of GMMA used by some animal teachers, find the trend support and resistance levels, use very few positions to learn, of course, strict stop-loss is also necessary.
Wish everyone smooth trades and world peace.
$Tesla (TSLA.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR S&P 500 ETF (SPY.US)$

$Tesla (TSLA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$
Has $ formed a W bottom? Is it going to rebound?
A knife falling from the sky, do not catch it.
A knife that fell to the ground, pick it up slowly.
It's simple, but not many people understand.
Don't risk making a quick buck for others.

$Tesla (TSLA.US)$ 
$Apple (AAPL.US)$ 
$FULU HOLDINGS (02101.HK)$ 
$Meta Platforms (FB.US)$ 
The current US stock market is not only constrained by the Fed's rate hikes, but also disturbed by the tense situation between Russia and Ukraine. Every day is so "exciting and colorful". Every day is as exciting as a TV drama. Looking beyond the news, from a technical perspective, except for the Dow Jones Index hovering at the boundary between bulls and bears, all other indices have already entered a bearish trend. There are not many individual stocks and indices still in a bullish trend. It will take some time to digest before hitting a bottom and rebounding.
This period of time is not very friendly to beginners like us. Our technical level is not yet ready for day trading, making it difficult to trade. It's better to spend some time reading books and learning the trading logic from the Wall Street recognized trading king "Jesse Livermore". (One advantage of the information age is that even reading books has been eliminated, as someone has already compiled his works into "reading notes", smart people have already figured out the keywords to search for, what are you waiting for?). At least during this period, I haven't made any money, aiming to gain technical skills and internal strength.
I would like to share a recent quote I came across with everyone. It allows me to calm down and focus on learning. Let's encourage each other.
Contentment is natural wealth, while desires are artificial poverty. Many times, life is full of countless worries, ...

$iShares Russell 2000 ETF (IWM.US)$
$Senseonics (SENS.US)$ 
$Tesla (TSLA.US)$ 
$Apple (AAPL.US)$ 
$FULU HOLDINGS (02101.HK)$ 
SENS is a medical technology company that focuses on developing and manufacturing long-term, implantable continuous blood glucose monitoring systems for diabetes patients. I have been holding SENS since June 2021, and I am also bullish on SENS' products. Regardless of its ups and downs, I hope to make a profit when its next-generation product is approved.
On February 11, 2022, SENS obtained approval from the U.S. Food and Drug Administration for the next-generation Eversense E3CGM system. However, the stock price plummeted on that day. A stock that had been profitable for a long time turned into a loss, which is truly ironic. Reflecting on my trading strategy, I realized that I haven't established a profitable trading system for stocks, nor have I pre-planned a profit-making strategy. Of course, I haven't set up stop-loss and take-profit plans, which has caused the stock to become a loss instead of a profit. SENS also made me realize that having confidence in a company does not mean blindly holding it at all costs. A good company may not necessarily be a good investment symbol. And it is even more unwise to rely on news and fantasize about the stock price...

$Invesco QQQ Trust (QQQ.US)$
Last week, the Wolf King gave the QQQ the weekly line level and made a success of the bottom.
Have you got such a good chance of profit-loss ratio?

$Invesco QQQ Trust (QQQ.US)$
2022 must eat first~~look big - quack quack quack.
https://q.futunn.com/feed/107786061479940?lang_code=0&data_ticket=a4239e2b4aeaa131a20104e494fab250

$Tesla (TSLA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ There are many types of strategies, but after formulating them, you must strictly abide by the trading discipline
First, let me introduce my background, real estate industry investment analyst, especially commercial real estate and large residential areas. We have also analyzed Taineng power plants and storage. Experience is very old. I have been stepping on points for ten years, and I have never looked past it. However, in the past ten years, the US stock bull market has never made any money; it has been a complete failure.
Why haven't you made any money? Is technology really bad? My personal summary isn't it; it's because they don't have their own trading discipline, or they've never complied with the trading discipline. I always had fantasies about the stock market, then I became disillusioned and cut meat on my feet.
One thing I always do is that the stock has clearly fallen below the stop loss level I set, that is, not stop loss. I imagine that it might rebound, then go again, then not rebound, or when it rebounds, I'm busy not catching up with anything else, so I'm forced to cut meat.
I made up my mind to hold stocks for the long term. As a result, the stock jumped back and forth during the holding process, or kept falling. In the end, I couldn't bear it, cutting meat out of the game.
The stocks that were originally analyzed could be bottomed out, or very promising stocks, were afraid to buy more, or were thrown away as soon as they rose slightly.
I'll give you a few examples, all of which happened before the outbreak, for your reference:
AMZN bought for $300 in 2014, $3,300...

Share insights with stock friends, stocks have ups and downs, strengths and weaknesses, seizing the main strong stocks is to go with the trend, you know. $Direxion Daily Small Cap Bull 3X ETF (TNA.US)$

$S&P 500 Index (.SPX.US)$
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...

Make up for last month's losses this month. $NVIDIA (NVDA.US)$ $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$  $PayPal (PYPL.US)$Since the stock 'disaster', following the teacher has gained a lot of posture, the restless heart is gradually calming down, greed is turning into patience. Stocks rise and fall daily to new lows, what to do? It is important to strictly follow the stock copying rules and do well in moving the stop loss below the stop loss!