My Summary of trading in EV market 2020
1. Face the worst scenario, wait for your chance
I didn't add more $NIO Inc(NIO.US$ at $38-39 a few days ago.
Time flies and it is already the end of this year. I sell lot of stocks this year to secure my gain. I worry many institution investors may rig the market at the end of year. It's hard to count days when trading stocks.
Time flies and it is already the end of this year. I sell lot of stocks this year to secure my gain. I worry many institution investors may rig the market at the end of year. It's hard to count days when trading stocks.
I lost a lot last December when the institutions are selling their potions. Then I won some real money at the begining of 2020.
However I was too greedy to withdraw from the market before March. The Black Swan event in March cost me lots of money. I then use day-trade to make up my lose. I became a money-loser both in June and September.
Later, I use the chance brought by election to do lots of frequently trading. I have gained and lost both for many times. And this experiecne help me to remember something when trading in stock market. Whenever I became greedy, I lose money.
2. Ranking of shares profit
TOP 4 of my gaining stocks are $NIO Inc(NIO.US$ , $Tesla(TSLA.US$ , $XPeng(XPEV.US$ and $Apple(AAPL.US$ . I am disappointed about Apple. I sold all of my share at 4th of Nov. and never buy it.
You should be really careful about your positions. I am bullish on the EV market in long term.
3. Something to bear in mind
You learn the most when you lost money.
I think trading stocks is a way to train yourself, your body and your soul. Don't easily follow other's opinion. The most important thing is self-reflection. No one have the same positions as you are, so mind your own money and positions.
I am grateful that moomoo provide a chance for me to share my experience. I hope you all gaining money in your trade.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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cockNTail : opportunity
Kittykiki : Thanks for the sharing!!!
Clownarado : Good advice
Junping Liao : thank you
PREMOSULTRAAOP Junping Liao: my pleasure to share and help
Miao Miao Liang : Well said
Ilona : I'll follow you, please create more good analysis!
treydongui : yes, totally agree @PREMOSULTRA. You've been here sharing and helping since this exchange started. I don't know any other place with a growing community WITHOUT sketchy ppl trying to sell others down a river to pump their options or sell their trading course. Just average ppl with determination to figure this out. To eventually live better, right. Thanks for being a huge part, your time, and EARNED knowledge @PREMOSULTRA. Even though I'm rebuilding and was gone for a little while, you're still here, as solid as every buddy. thanks!!!
treydongui : also agree on $Apple (AAPL.US)$ flaking out. EVERYTHING SAID BULLISH. except the price ;/ they got me too lol