nicky6999
voted
$SUPREM (0330.MY)$ Who among you knows whether this IPO is by Sabah people or Sarawak people?
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nicky6999
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$Tesla (TSLA.US)$
Strategy and Psychology:
Years ago, I heard a little story. At that time, I didn't understand the meaning of it. Later, when I started trading in the stock market and heard people talk about their losses, I would think of this story almost every day.
A businessman was attacked by robbers on a train. The robbers demanded everyone to hand over cash, jewelry, and other valuables. This man, like others, handed over cash and jewelry. When the robbers returned with the loot, this man shouted to the gang leader:
"Hey, wait a moment, come here."
The leader was somewhat surprised.
"What's the matter?"
"I have something else for you."
He took out a revolver from his pocket and handed it to the gang leader. The man was taken aback and asked:
"You always carry a gun, yet you don't resist at all?"
The merchant replied apologetically,
"Someone told me this gun would be helpful in emergencies, but the reality is different. That's why I told you to take it. It's worthless."
A revolver is a strategy, while having the courage to use it is psychology.
Without courage, in moments of crisis, even the best gun in the world will not work for you.
A strategy without the right psychology is like the gun in this story - worthless.
How does it work in trading?:
Please remember, SBI issued a rights issue in 2008 at a price of around 1590 rupees per share.
A friend...
Strategy and Psychology:
Years ago, I heard a little story. At that time, I didn't understand the meaning of it. Later, when I started trading in the stock market and heard people talk about their losses, I would think of this story almost every day.
A businessman was attacked by robbers on a train. The robbers demanded everyone to hand over cash, jewelry, and other valuables. This man, like others, handed over cash and jewelry. When the robbers returned with the loot, this man shouted to the gang leader:
"Hey, wait a moment, come here."
The leader was somewhat surprised.
"What's the matter?"
"I have something else for you."
He took out a revolver from his pocket and handed it to the gang leader. The man was taken aback and asked:
"You always carry a gun, yet you don't resist at all?"
The merchant replied apologetically,
"Someone told me this gun would be helpful in emergencies, but the reality is different. That's why I told you to take it. It's worthless."
A revolver is a strategy, while having the courage to use it is psychology.
Without courage, in moments of crisis, even the best gun in the world will not work for you.
A strategy without the right psychology is like the gun in this story - worthless.
How does it work in trading?:
Please remember, SBI issued a rights issue in 2008 at a price of around 1590 rupees per share.
A friend...
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nicky6999
voted
Good morning, traders. Happy Monday, November 18th. You will not make it through the day without news about the animal spirits moving the market today.
My name is Kevin Travers, and the S&P 500 climbed on Monday, but key stocks were pulling down the Dow.
$Super Micro Computer (SMCI.US)$ was the highest climbing stock on the S&P 500, up 11% after a rumor Friday that the firm might file a plan to file their still dela...
My name is Kevin Travers, and the S&P 500 climbed on Monday, but key stocks were pulling down the Dow.
$Super Micro Computer (SMCI.US)$ was the highest climbing stock on the S&P 500, up 11% after a rumor Friday that the firm might file a plan to file their still dela...
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nicky6999
liked
I reduced 90% of my holdings in Tesla today. $Tesla (TSLA.US)$ I sold all the options expiring in a month and a half. This time belongs to speculative trading, holding long-term investments in the underlying stocks, as long as it is not heavily invested, it's fine.
Continue to wait. Keeping 10% of the 400Call expiring next year to prevent further rise. I know there will be a pullback and therefore not shorting.
Continue to wait. Keeping 10% of the 400Call expiring next year to prevent further rise. I know there will be a pullback and therefore not shorting.
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nicky6999
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Short-term is a bit sluggish, not sure how it will be in the next few days.
Bullish on the medium and long term, you can open a threefold position.
$TESLA 3xLongSG261006 (TSYW.SG)$
Bullish on the medium and long term, you can open a threefold position.
$TESLA 3xLongSG261006 (TSYW.SG)$
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nicky6999
voted
$Tesla (TSLA.US)$
64.8 billion yesterday!
64.8 billion yesterday!
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nicky6999
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