KahhauFong
reacted to
$UP Fintech (TIGR.US)$ highly unlikely to go up to 11 or 14 again. past few days showing sign of this and many other stocks going back to the price range before rise. in fact it may even go below that. just becareful ok.
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KahhauFong
commented on
$UP Fintech (TIGR.US)$ if u can sell sell if not hold until u die
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KahhauFong
voted
KahhauFong
commented on
$UP Fintech (TIGR.US)$ Brothers, the night market has started, quick report, 13.98!
Translated
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KahhauFong
reacted to
$UP Fintech (TIGR.US)$ Many brothers have unwound their positions today, including myself, but I have not sold. Instead, I have set a stop-loss point to continue holding.
Because after being trapped for many years, I can understand the feeling of being scared and wanting to run. It's normal, but with this mindset, it's basically hard to make money.
I don't know about everyone else's situation, but for me, 2021 was an easy year to make money in the stock market (didn't do any research as it was a super bull market, everything was going up). It was also my first time dabbling in stocks, clumsily holding on to $50,000 and randomly making $40,000. I thought, why are stocks so easy to make money from? I had no sense of caution, didn't want to sell or set stop-loss points (very greedy, didn't consider the possibility of a big drop, as a newbie, felt like setting a stop-loss would lose $9,000, painful, a very qualified rookie hahaha).
Later, even after being trapped, I bought another $20,000, resulting in a profit of $40,000 turning into being trapped with over $50,000 for these few years. This money trapped cannot be moved (I really can't bear to cut losses...). But after paying tuition, naturally, you have to learn something. Blindly trading stocks is not advised; one must have their own plan, goals, observe the market trends, and never go against the capital. Be content with what you have earned, so the most important aspect is discipline, as it is very counterintuitive. Once you get too enthusiastic, it's over, you must analyze rationally. When it's time to set a stop-loss, set it. Don't hesitate to let go of 10%, you should know that you are only taking a 10% risk to strive for a profit of 2-4 times, it's simply too worthwhile.
If there will be a big drop later, just let it drop. What are you afraid of with a stop loss point??? It's inexplicable (unless there is a big crash in the night market...
Because after being trapped for many years, I can understand the feeling of being scared and wanting to run. It's normal, but with this mindset, it's basically hard to make money.
I don't know about everyone else's situation, but for me, 2021 was an easy year to make money in the stock market (didn't do any research as it was a super bull market, everything was going up). It was also my first time dabbling in stocks, clumsily holding on to $50,000 and randomly making $40,000. I thought, why are stocks so easy to make money from? I had no sense of caution, didn't want to sell or set stop-loss points (very greedy, didn't consider the possibility of a big drop, as a newbie, felt like setting a stop-loss would lose $9,000, painful, a very qualified rookie hahaha).
Later, even after being trapped, I bought another $20,000, resulting in a profit of $40,000 turning into being trapped with over $50,000 for these few years. This money trapped cannot be moved (I really can't bear to cut losses...). But after paying tuition, naturally, you have to learn something. Blindly trading stocks is not advised; one must have their own plan, goals, observe the market trends, and never go against the capital. Be content with what you have earned, so the most important aspect is discipline, as it is very counterintuitive. Once you get too enthusiastic, it's over, you must analyze rationally. When it's time to set a stop-loss, set it. Don't hesitate to let go of 10%, you should know that you are only taking a 10% risk to strive for a profit of 2-4 times, it's simply too worthwhile.
If there will be a big drop later, just let it drop. What are you afraid of with a stop loss point??? It's inexplicable (unless there is a big crash in the night market...
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KahhauFong
commented on
$UP Fintech (TIGR.US)$ knn drop liao
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