The right and wrong of Q3 review
After consecutive months of rising, the U.S. stock market suddenly stepped on the brakes in September. The S&P 500 index plunged 4.8%, achieving its worst monthly performance since the crash in March last year. Last night, the whole line of the market went red, which made me more interested. Next, let me make a review of my Q3 operation.![]()
A low level of me![]()
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1. Practical resumption of my holdings:
$Alibaba(BABA.US$ : After fallen by nearly 50% in Q3, BABA's stocks ushered in Munger's massive increase in holdings. Under strict industry regulatory policies such as anti-monopoly, the lowest price reached $138.43, and the highest was $217.71 in July. After the sold in early September, I bought it at the bottom in October and very optimistic about its prospects.
1. Practical resumption of my holdings:
$Alibaba(BABA.US$ : After fallen by nearly 50% in Q3, BABA's stocks ushered in Munger's massive increase in holdings. Under strict industry regulatory policies such as anti-monopoly, the lowest price reached $138.43, and the highest was $217.71 in July. After the sold in early September, I bought it at the bottom in October and very optimistic about its prospects.
$Apple(AAPL.US$ : Before the release of iphone13, the stock price triggered a new high, reaching $157.26, but later the price fell 12% deeply. Recently, Apple and Google formally accepted investigations by Japanese anti-monopoly agencies. This stock remains to be seen, I won’t hold it for a long time.
$Futu Holdings Ltd(FUTU.US$ : CITI released a research report on September 1 to maintain BUY on FUTU with a target price of $132.60 and stated that FUTU is focusing on market-share gain rather than profitability in the near term. This kind of plummeting market Futu has very good profits, indicating that the company is well to buy, I firmly believe that it is okay to rush to 150.
$AMC Entertainment(AMC.US$ ：Although I have no spare money to continue buying, I will not sell, firmly optimistic and hold it for a long time. After all, I heard that it has been crashed half a year, waiting for the mysterious power to come out and hit $80!!!
$TENCENT(00700.HK$ ：With the launch of preventing minors from indulging in online games, I think 700 will be hit a lot. But I’m positive about their game business waiting to see if the stock price rises again.
2. Doing well:
(1) Good mentality
Offense is the best defense. Keep a good attitude, buy under favorable conditions, and protect your principal from market interference.
(2) Risk management
Protecting my funds as much as possible is the key to success, and controlling the risks is also important.
(1) Good mentality
Offense is the best defense. Keep a good attitude, buy under favorable conditions, and protect your principal from market interference.
(2) Risk management
Protecting my funds as much as possible is the key to success, and controlling the risks is also important.
3. Doing badly:
(1) Call on intuition plus luck
Luck may be reflected in the first few transactions, but it cannot continue on. When I was trading on Tesla options, I suffered a lot. Only by retaining the financial strength can we seize a truly advantageous opportunity.
(2) Poor sleep quality
Sometimes I have become anxious, and the funds invested are too high. I need to quickly adjust the investing ratio, and can’t keep rushing blindly.
(1) Call on intuition plus luck
Luck may be reflected in the first few transactions, but it cannot continue on. When I was trading on Tesla options, I suffered a lot. Only by retaining the financial strength can we seize a truly advantageous opportunity.
(2) Poor sleep quality
Sometimes I have become anxious, and the funds invested are too high. I need to quickly adjust the investing ratio, and can’t keep rushing blindly.
4. Summary of trading experience:
See it > Analyze it > Plan it > Trade it
Generally speaking, trading has two levels. One is the operational level, including your strategy, plan and capital management; the other is the psychological level. The mentality dominates the rhythm of the transaction. Pay attention to principles and the balance, you will definitely become a good trader.
See it > Analyze it > Plan it > Trade it
Generally speaking, trading has two levels. One is the operational level, including your strategy, plan and capital management; the other is the psychological level. The mentality dominates the rhythm of the transaction. Pay attention to principles and the balance, you will definitely become a good trader.
5. The outlook of Q4：
Since the super crashes of 1929 and 1987 both occurred in October, Q4 remains to be seen. After all, the market last night was exciting.![]()
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$NASDAQ(NASDAQ.US$ $Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$
Since the super crashes of 1929 and 1987 both occurred in October, Q4 remains to be seen. After all, the market last night was exciting.
$NASDAQ(NASDAQ.US$ $Dow Jones Industrial Average(.DJI.US$ $S&P 500 Index(.SPX.US$
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oneM : drop only 4.8% moomoo drop how many? 40%?
NANA123OP : Your like and follow are all my motivation to share
NANA123OP : @GratefulPanda@HopeAlwaysplease have a look
II would appreciate your comments.
NANA123OP oneM: Long-term value investment
HopeAlways : Your stock selection like $Apple (AAPL.US)$, $Alibaba (BABA.US)$, $Futu Holdings Ltd (FUTU.US)$ and $TENCENT (00700.HK)$ are all very high quality companies, which I believe have very good potential for long term growth.
oneM : holding tencents too at 430
NANA123OP HopeAlways: Thank you
NANA123OP oneM: 700
GratefulPanda : Thanks for sharing this. It is clear that you not only have a sound plan that fits you personally for your trading, you are also monitoring yourself mentally when you are executing in the markets. The mental aspect already makes you a winner in my books
NANA123OP GratefulPanda: The more times I read the book, the deeper understanding l will get.