MatyuOng
voted
Mental accounting is a behavioral economics concept which refers to the different values a person places on the same amount of money, based on subjective criteria, often with detrimental results.
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc(BBBY.US$ $AMC Preferred Equity Unit(APE.US$ $AMC Entertainment(AMC.US$
@yeftern: Where th...
Simply put, it explain why people think less about some purchases than others?
Let see some real life example of mental accounting.
@Mikebierer: Hate spending $200 on groceries $Bed Bath & Beyond Inc(BBBY.US$ $AMC Preferred Equity Unit(APE.US$ $AMC Entertainment(AMC.US$
@yeftern: Where th...
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MatyuOng
voted
Addiction is the inability to stop consuming a chemical or pursuing an activity despite causing harm.
Very much the same happens to people who trade.
Here are some signs of addiction:
You spend far too much of your free time trading
You are trading stocks at work (and it isn’t your job)
The “high” of trying to find the next “moonshot” is the focus of attention
You have feelings for frustration, aggression or attempt to surpress other personal problems...
Very much the same happens to people who trade.
Here are some signs of addiction:
You spend far too much of your free time trading
You are trading stocks at work (and it isn’t your job)
The “high” of trying to find the next “moonshot” is the focus of attention
You have feelings for frustration, aggression or attempt to surpress other personal problems...
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MatyuOng
voted
In trading on Friday, shares of $AMC Entertainment(AMC.US$ and $GameStop(GME.US$ crossed below their 200-day moving average.
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
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MatyuOng
liked
It's (currently) a bull market, it would be silly to ignore the chance to earn from it
With the pervasiveness of technology making access to markets much easier, it's only normal that younger generations are taking advantage of this
With the pervasiveness of technology making access to markets much easier, it's only normal that younger generations are taking advantage of this
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MatyuOng
commented on
Are you a fan of Tesla vehicles? Are you holding Tesla stocks? If you are, you would be satisfied with $Tesla(TSLA.US$ stocks' performance as it gained almost 4% intra-day when other big tech stocks lost ground.
But, did you notice that the oil future is surging as well? Also, the oil&gas sector gained when the $S&P 500 Index(.SPX.US$ lost 1.3%! $Eversource Energy(ES.US$ gained 5.3% and $Marathon Oil(MRO.US$ rose more than 4%. People are saying that oil demand will keep rising until 2035. $Ford Motor(F.US$ and $General Motors(GM.US$ might also be good investments. I would still invest in these stocks.
I believe EVs cannot replace traditional cars in the short term. What about you? Are you more interested in clean energy stocks or oil&gas stocks?
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But, did you notice that the oil future is surging as well? Also, the oil&gas sector gained when the $S&P 500 Index(.SPX.US$ lost 1.3%! $Eversource Energy(ES.US$ gained 5.3% and $Marathon Oil(MRO.US$ rose more than 4%. People are saying that oil demand will keep rising until 2035. $Ford Motor(F.US$ and $General Motors(GM.US$ might also be good investments. I would still invest in these stocks.
I believe EVs cannot replace traditional cars in the short term. What about you? Are you more interested in clean energy stocks or oil&gas stocks?
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
For more details, click here.
Follow me to join the latest discussion!
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MatyuOng
commented on
I buy, it dips
I sell, it goes to the moon
WB once said don't panic even it dips 30% so long it is a good company but mine dips 50%, that feeling is like drowning slowly..
I guess I just have to wait till WB's age to become millionaire. Only 20 plus yrs to go
Be happy coz stock is like life, u find satisfaction in complications.
I sell, it goes to the moon
WB once said don't panic even it dips 30% so long it is a good company but mine dips 50%, that feeling is like drowning slowly..
I guess I just have to wait till WB's age to become millionaire. Only 20 plus yrs to go
Be happy coz stock is like life, u find satisfaction in complications.
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MatyuOng
liked
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