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monophobe Male ID: 102258108
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    Short-term trades aka swing trade can be addictive or adrenaline driven. It takes a lot of discipline, clear trading plan to be a consistently good swing trader.
    Swing trading is most useful when the market condition is volatile, without long clear trend. Currently the market does seem so. Thus, it may be a good time to look more into swing trading, or quick-entry-quick-exit trades.
    I'm sure everyone has their favourite signals, indicators, news etc to initiate trades. I don't know which is the best strategy, but if there is one that consistently make money for you, stick with it
    I start with looking at stocks with good momentum trend. For example, $Apple(AAPL.US)$ , $Broadcom(AVGO.US)$, $Microsoft(MSFT.US)$, $Advanced Micro Devices(AMD.US)$. These have good chance of continueing current trade. Look for volume contraction, avoid stocks with volatile volume.
    Next, calculate my risks. Risk management is utmost important. Try not to risk more than 2-5% of portfolio on a single trade. Calculate estimated target price. Have a rough idea on exit strategy (e.g. 10% profit in this choppy market condition).
    Once a trade is initiated, guess it's just a matter of daily monitoring of the price movement.
    Be discipline with trading plans, be flexible but always keep risk management in mind (i.e. moving stop loss is NOT a good habit!).
    Lastly, review trades after exit. Learn from own mistakes or success.
    Safe trading!
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    $Futu Holdings Ltd(FUTU.US)$
    $Palantir(PLTR.US)$
    $ChemoCentryx(CCXI.US)$
    $AMC Entertainment(AMC.US)$
    The collective thoughts of us pushing(Buy) the trend up will maintain the price. However, the lurking sharks(HF,MM) will create a sense of fear for the paper hands.
    The difference between paper & diamond hands is the physiological readiness state of the mind. One is in the infant state & the other is in the mature state.
    Trading is not as easy as 2 press of the BUY & SELL buttons. There are layers of knowledge/untold rules to be learned & unknown to retail traders.
    Trading is like an unpredictable girl friend u have. U never know how she feel at the moment,  does she swing high or low today? Does the news get her excited or moody?
    It only through times & experience that u can predict her next move.
    So how your girl friend (stock) feeling next week? Will she be as Hot as the rocket fuel jetting to the Moon
    Or she will breathe Fire & burn your account?
    & like ....
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    Most of us are ordinary investors. The information we have and the research on stocks are far from institutions. However, if we want to survive in the stock market for a long time, we must have the ability to think independently and distinguish right from wrong, and we should not be overly congested and follow blindly. When the stock market is full of negative information, you must think carefully and independently, especially when you encounter extreme confusion. When the market is singing, you can't be overly excited and greedy.
    $E-mini NASDAQ 100 Futures(SEP4)(NQmain.US)$ $Dow Jones Industrial Average(.DJI.US)$ $E-mini Dow Futures(SEP4)(YMmain.US)$
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    monophobe commented on
    Take a look at the annual seasonality chart of Gold for the past 25 years below.
    Generally, Gold forms a bottom in November and starts to rally up in December all the way till February. Since this is an annual seasonality chart, it does not mean every year Gold will behave as per the chart above. Rather, it means that Gold tends to perform in this seasonal pattern based on averaging the data for the past 25 years.
    Next, let's visualize the current context of Gold together with the performance of the identified bullish season (from Nov-Feb) in the monthly chart below:
    Since Gold hit the peak at 1923 in 2011, it had a sharp selloff to 1100 and consolidated between 1050–1400 for 6 years (2013–2019). After that, Gold broke out from the accumulation range with a sign of strength rally and hit all time high closed to 2100 followed by a backup action to 1700.
    This multi-years formation looks like a cup and handle and we can further divide into 3 trading ranges (boxed up in blue) and two trends (boxed up in pink). Obviously, from 2011 till now (2021) Gold is not in a clear trend.
    Within these 10 years, I have highlighted the season from Nov-Feb (in orange) with the findings below:
    - In the first range (distribution structure), the performance during the season is flat to negative.
    - In the selloff (trend) and start of the second range, the performance is positive.
    - In the second range, the performance is positive 6/6.
    - During the uptrend, the performance is positive 2/2.
    - In the last range, the performance is negative 1/1 while the current season is still unfolding.
    Based on the above, the bullish season from Nov-Feb has worked very well in the past 10 years, especially when Gold is mainly in a sideway range and not trending. The only flat to negative performance is right after a buying climax and within the distribution range.
    Is the current range a distribution or re-accumulation?
    Let's focus on the price action and volume as shown in the weekly chart below.
    After a buying climax formed in Aug 2020, Gold had a pullback in a down-sloping range. Supply has been decreasing (as reflected in the volume) from left to right, which is a sign of accumulation.
    Last week, Gold just broke out from the downtrend line and the resistance at 1825 with increasing demand. In terms of Wyckoff phase analysis, this could be phase C pending a sign of strength rally as a confirmation, which could take Gold to the immediate resistance at 1960 or even all time before another reaction sets in.
    Gold Price Targets based on Point & Figure Chart
    The immediate target for the potential sign of strength rally is 2050. Should this target hit, subsequent price targets are 3075, 4125 and even 5175 with aggressive counts based on causes from the multi-years accumulation built (based on Wyckoff's law: Causes vs Effects).
    Ways to Get Exposure in the Potential Bull Run in Gold
    The easiest way is to buy the Gold ETF $SPDR Gold ETF(GLD.US)$ or Gold Miners ETF $VanEck Gold Miners Equity ETF(GDX.US)$ . If you would like to beat the performance of the ETF, feel free to explore the Gold miner stocks such as $Newmont(NEM.US)$ , $First Majestic Silver(AG.US)$ , $Barrick Gold(GOLD.US)$ , $Agnico Eagle(AEM.US)$ , $Kirkland Lake Gold(KL.US)$ , $Royal Gold(RGLD.US)$ , $Kinross Gold(KGC.US)$ $Wheaton Precious Metals(WPM.US)$ , etc…
    From now (Nov) till Feb is the most bullish season for Gold. You might want to start forming your trading strategy to suit your risk profile and personality such as passive swing trading to buy and hold for 3 months, find the low risk entry to ride multiple swings, day trade by leaning of the daily bias, investing or position trading with anticipation of the high price targets. As long as you are comfortable with the risk involved, you are good to go.
    Safe trading.
    The Perfect Time to Invest in Gold based on 25 Years Data, Price Volume & Target
    The Perfect Time to Invest in Gold based on 25 Years Data, Price Volume & Target
    The Perfect Time to Invest in Gold based on 25 Years Data, Price Volume & Target
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    The financial report of listed companies mainly focuses on the accounting data and financial indicators of the listed company, the total number of shareholders at the end of the reporting period and the number of shares held by the top ten shareholders of tradable shares, management discussion and analysis, the reporting period profit and profit distribution statement, etc.  For information disclosure, listed companies in the market usually have clear information, expected information, and unexpected information to make announcements to the market.
    For the quarterly reports released by listed companies, the sudden information of listed companies is more influential than expected information, and the impact on stock prices will be more severe.  For example, the stock of Central Communications suffered a large loss in the quarterly report due to fines on the performance of the listed company, which affected the stock price at that time.
    The expected announcement of the listed company will gradually ferment the stock investment sentiment in the market, and the influence will be gradual.  For example, before the release of the quarterly report of a listed company, the expected quarterly performance of the listed company will double, which will increase the investment sentiment of the market and possibly promote the rise of stocks.
    Investors need to pay attention to the fact that the earnings report is less than expected after the release, which will have a negative impact on stock prices.  If it is in line with expectations, there is a high probability that a small part of the stock price will pull back.  If the released financial report is significantly higher than expected, there is a high probability that the stock price will rise rapidly in the short term.
    Generally speaking, stock financial reports can effectively analyze the latest stock fundamentals, and investors need to recognize the authenticity of listed company reports when referring to them.  If the report is modified or omitted, the report will be distorted.  However, there is no perfect investment method and interpretation method in the investment market. They all need to be combined with other market indicators and market environment as well as individual stocks for reference.
    For example, $Apple(AAPL.US)$ this company faced various lawsuits in August, and it continued to rise after the financial report!  So I also think that after the financial report in October, it will also give investors a good price!
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