A day/swing stock/option trader following technical analysis. Optimistic in life & objective in trading. Always think before following others' opinion!
❤️Happy Holidays!🎄🎆🎉
I really enjoy reading this book “Principles”.👍🏻
”In trading you have to be defensive and aggressive at the same time. If you are not aggressive, you are not going to make money, and if you are not defensive, you are not going to keep money.” —Ray Dalio
I think that in a tough, choppy trading environment, keeping a hand in the market helps you maintain a better sense of when things will start to improve, so you wouldn’t miss the moves when things pivot. – @DanZanger#wisewords#tradingstrategy
$NCTY ripped from its multi-year low with 500% gain earlier today on the news about a large investor stake, but its rally faded largely by the mid-day trading.
Be careful about these one-day or two-day wonders as their rallies are often short lived. $PTI $YECO just did that.
What a wild and volatile trading session today on $TLRY along with other #potstocks !
The tough part in today’s trading situation was that the orders were not be filled at a desired price due to its volatility with multiple halting periods.
The rational investor on display in Tilray today...
Gap up 50% at the open
Gain of 94% at its peak of $300 intraday
Market cap of $28 billion at its peak, higher than 301 companies in the S&P
Then gives the entire gain back and was down on the day at its low
Halted 5 times
$TLRY
Whenever you question your self-worth, always remember the lotus flower. Although it plunges to life from beneath the mud, it does not allow the dirt surrounding it to affect its growth or beauty.
💕予独爱莲之出淤泥而不染,濯清涟而不妖,中通外直,不蔓不枝...
#Lotus#Resiliance
Despite being choppy, the major indexes have held well & will likely break out of the consolation area in the coming days.
Keep close eyes on these stocks which are trending well near their year highs: $AAPL $AMZN $NFLX $BABA $NDVA $TIF $NUS $TEVA
Enjoy the Memorial Weekend!
The market is having one of the worst days in recent weeks. it’s still no man’s land to be.
Over 75% stocks move in the same direction of the market trend.
Note: $HLF $NUS both broke out their bull flags into new highs earlier & now reversed down along the market’s selloff.
How true it is:
- The best stocks will always seem overpriced to a majority of investors.
The best examples are $AMZN $NFLX $NVDA $AAPL $FB $GOOGL
Now $TWTR has been catching up after its last earning report.
During the market turmoil, we shall be patient and wait for better opportunities. #wisdom
Do you have patience to wait until your mud settles and the water is clear? Can you remain unmoving until the right action arises by itself? - Lao Tzu
@stockdigger Markets took the stairs up for too long & now rode the elevator down. The market selloffs is volatile for the recent 3 days with VIX spiking. The Dow future was down more than 1000 pts before settling down 500+ pts. Keep eyes on the midnight low to see if it would re test it.
It’s not suggested to catch a falling knife, but we did get nice daytrading opportunities earlier since the markets are oversold per some oscillator readings.
Volatility is back, and let’s profit from it! $VIX $SPX
@buylowsellhighr I'm glad you'll attend Zanger's seminar in April after he took a 2-years hiatus. My suggest is: before attending his show, you should get familiar w/ chart patterns & also read the book "How to Make Money in Stocks" by William O'Neil. It'll help u understand his teaching greatly.
Markets’ forever run-up seem to be exhausted as of now.
Tops in stocks usually occur when the advance in price stalls as volume or activity increases. Watch the leaders’s price action as they tell you the health of the market.
#IslandTop $SPY $AAPL $FB
Wishing you all a Happy, Healthy and Prosperous New Year! 💝🎊🎊🎊
Remember to:
Talk less, and listen more;
Promise less, and act more;
Doubt less, and trust more;
Trade less, and profit more.
#HappyNewYear2018
With 40% plunge in 4 days from its high of 19,783, #bitcoin bubble has bursted.
The euphoric action seen in unknown stocks such as $RIOT $LFIN $NETE was linked to their #cryptocurrency related news, reminiscent of the phenomenon in 90’s dotcom era.
@johnkrichards Really? But, when #bitcoin hit 1000, most people haven’t paid attention to it, and some haven’t heard of such a cyber creation. Now it’s been talked about everywhere. 🤩
Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. –John Templeton
Which stage do you think #bitcoin is in?