- More games for chances to win points and cash coupons
- Price Alert for any option I choose
- A "Play back" feature for backresting.
- "Copy trade" to be implemented in real trading. With proper warnings, of course.
- Price Alert for any option I choose
- A "Play back" feature for backresting.
- "Copy trade" to be implemented in real trading. With proper warnings, of course.
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Conditional orders are good risk management tools but they sometimes do fail. Especially stop orders on relatively illiquid stocks. I had a sell stop order at $3.39 that got filled at $3.29 recently. Always be mindful of that risk.
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I would say it definitely helps to form a bottom, but I hesitate to call it. It's one of many data points. Combine with an overwhelming bearishness in the market, I would say we're a close to a bottom. As always, this is as much a probability game as it is a psychological battleground. Only bet on what you can afford to lose.
Everyone has been waiting for a recession, that means it's definitely gonna come soon, right? Maybe, maybe not. Being open-minded is the key. Economic data are not very good, but they could be improving. For instance, inflation may be peaking. By no means we should be leveraging up right now. But we should not be afraid to invest a little with our own money. I like $The Kraft Heinz (KHC.US)$ . Defensive stocks could also do well. $Direxion Daily Aerospace & Defense Bull 3X Shares ETF (DFEN.US)$
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I sat out for the most part during this dip. I was expecting lower for the Chinese stocks but it didn't go as far so I have been sitting out of this rally too. I think the rally is almost over, market will dip a little further. Too bad moonoo has banned me from trading options, otherwise I would have bought so puts by now. Stay safe out there.
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With all the desperate war news that have come out, its short term economic impacts are probably priced in. Russia's economy isn't that big. But longer term I suspect China will be dragged in and the world will have to deal with that. The decoupling between China and the West will be consequential not only economically but also in many aspects of everyone's life.
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Mr Market is really good at keeping us guessing the direction it's heading. Just when we thought it's gonna be more deep diving, it jumped. But my bias is continued selling after the put options are expired worthless. Of course, it depends on whether China gets dragged into sanctions by the west. Statistically, a jump like this looks more like a bear market rally.
Not all news are created equal. I would place the news of a glorified owner/CEO departure as most important. After Steve Wynn, Bill Gates left, their companies' stocks spend years fighting a downtrend. Will BABA and AMZN do the same? Who knows.
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The assumption here is you've identified the right opportunity. Then, of course, you shouldn't wait to take action. Right? Well an opportunity is only as good as how well you plan for a trade. Never feel like you need to do something right away because then you're likely too late. Make sure your trade plan gives you a good risk/reward and let the price come to you. Once you have a game plan, you execute it faithfully, you will find everything goes according to your plan, be it a pr...
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