First Half Recap
The start of the first half of this year started out rough. The reason is not because my investment account tanked. I was forced to liquidate a large majority of my investment account to pay for certain unexpected life expenses. This led my account to dip below margin requirement, so I couldn't trade every day like I normally would. My investment account was flat, and I had a lot less disposable income. I didn't know what to do with myself.
In the first quarter of the year, the market was generally flat due to questions about interest rates and banking stress. So I'm not too disappointed about missing out. The second quarter was a complete uptrend.
The last three months have been a complete different experience than the first quarter. This past quarter has paid off emensly. My investments have grown over 800% in less than two months. This was done via trading long calls and puts with very short-term options contracts and risky end of week expirations. I strongly recommend against trading this way. I just got lucky.
I owe all of these gains to the amazing AI/tech melt up that is currently transpiring in the stock market. Most of the gains were made from the names in the semiconductor sector. The unheard of rally in NVIDIA's share price pulled the entire semiconductor sector into rally mode. Compared to the rest of the stock market, semiconductors were some of the best performers.
Something that helped my daytrading success was a feature I found on another trading platform. It was a tick-by-tick chart that showed ticker symbols, in real time, that were making new highs or new lows for the day. Essentially, it would show overall market sentiment, breadth, and direction in real time. When new daily highs are printing rapidly in the market, then generally, it is safe to be long on a day trade. When new daily lows are printing, then it is safe to be short. Moomoo should consider adding this feature to their trading platform or include it somehow in the AI Market Monitor. It is a very valuable tool for a daytrader.
As always, this is not investment advice. Good luck trading. Be careful and be patient. Give your investments time. Don't be greedy. Don't invest in anything you don't understand. Don't put all of your eggs in one basket. Don't listen to the hype. Don't fomo or panic into or out of trades. And just follow the trends. A trend is your friend
$Invesco QQQ Trust(QQQ.US$ $iShares Russell 2000 ETF(IWM.US$ $VIX Index Future Main(SEP2)(VXmain.US$ $SPDR S&P 500 ETF(SPY.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $Gold Future Main(DEC2)(GCmain.US$ $E-mini Dow Futures Main(MAR3)(YMmain.US$ $E-mini S&P 500 Futures Main(MAR3)(ESmain.US$ $E-mini NASDAQ 100 Futures Main(MAR3)(NQmain.US$ $E-mini S&P MidCap 400 Futures Main(MAR3)(EMDmain.US$ $E-mini Russell 2000 Index Futures Main(MAR3)(RTYmain.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $VIX Index Futures Main(FEB3)(VXmain.US$
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$Bitcoin(BTC.CC$ $Ethereum(ETH.CC$ $ETC(ETC.CC$ $Yearn.finance(YFI.CC$ $Terra(LUNA.CC$ $Litecoin(LTC.CC$ $Stellar(XLM.CC$ $Cardano(ADA.CC$ $Bitcoin SV(BSV.CC$ $Bitcoin Cash(BCH.CC$ $Compound(COMP.CC$ $Polygon(MATIC.CC$ $Dogecoin(DOGE.CC$ $Metaverse ETP(ETP.CC$ $Verge(XVG.CC$ $Orchid(OXT.CC$ $OMG Network(OMG.CC$ $0x(ZRX.CC$ $Qtum(QTUM.CC$ $NEO(NEO.CC$ $Dash(DASH.CC$ $Theta Token(THETA.CC$ $Tezos(XTZ.CC$ $ZEC(ZEC.CC$ $Maker(MKR.CC$ $Decentraland(MANA.CC$ $Cosmos(ATOM.CC$ $ChainLink(LINK.CC$ $Monero(XMR.CC$ $TRON(TRX.CC$ $Polkadot(DOT.CC$ $XRP(XRP.CC$ $Binance Coin(BNB.CC$ $Bitcoin Gold(BTG.CC$ $Uniswap(UNI.CC$
$Communication Services Select Sector Index(.SIXC.US$ $Technology Select Sector Index(.SIXT.US$ $Energy Select Sector Index(.SIXE.US$ $Consumer Discretionary Select Sector Index(.SIXY.US$ $Materials Select Sector Index(.SIXB.US$ $Health Select Sector Index(.SIXV.US$ $Real Estate Select Sector Index(.SIXRE.US$ $Financial Select Sector Index(.SIXM.US$ $Consumer Staples Select Sector Index(.SIXR.US$ $Utilities Select Sector Index(.SIXU.US$ $Industrials Select Sector Index(.SIXI.US$
$Direxion Daily CSI China Internet Index Bull 2x Shares ETF(CWEB.US$ $China Alphadex First Trust(FCA.US$ $Wisdomtree China Ex-State-Owned Enterprises Fund(CXSE.US$ $S&P Asia 50 Index Ishares(AIA.US$ $KRANESHARES SSE STAR MARKET 50 INDEX ETF(KSTR.US$ $RAYLIANT QUANTAMENTAL CHINA EQUITY ETF(RAYC.US$ $iShares China Large-Cap ETF(FXI.US$ $Xtrackers Harvest CSI 300 China A-Shares ETF(ASHR.US$ $Franklin Templeton Etf Tr Ftse China Etf(FLCH.US$ $db X-trackers Harvest CSI 500 China A-Shares Small Cap Fund(ASHS.US$ $iShares MSCI China ETF(MCHI.US$ $KraneShares CSI China Internet ETF(KWEB.US$ $KRANESHARES CICC CHINA 5G AND SEMICONDUCTOR INDEX ETF(KFVG.US$ $Global X Funds Global X Msci China Consumer Staples Etf(CHIS.US$ $Global X FinTech Thematic ETF(FINX.US$ $Global X Fds Msci China Industrials Etf(CHII.US$ $Global X Fds Msci China Energy Etf(CHIE.US$
$UK FTSE100 Index(.FTSE.GB$ $German DAX30 Index(.GDAXI.DE$ $Italy MIB Index(.FTMIB.IT$ $Belgium BEL20 Index(.BEL20.BE$ $Netherlands AEX Index(.AEX.NL$ $Portugal PSI20 Index(.PSI20.PT$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones U.S. Index(.DJUS.US$ $Dow Jones Industrial Average(.DJI.US$ $S&P 500 index(.SPX.US$ $NASDAQ 100 Index(.NDX.US$
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Asphen : I'm thankful that though price action and TA, I was able to see and chart the wave with the rally from mid Mar, though many crash callers were touting mother of all crashes.
SpyderCallOP Asphen: Right. usually, the most bearish news is near bottoms in the market. With news, it is smart to only follow data and not opinions.
Sometimes the news is only there to provide volatility. Some headlines are released simply to instigate buyers when insiders need to sell or vise versa. It can be difficult for insiders to buy or sell millions of shares without causing a reaction in the markets. So, they often use the media to bring in liquidity
MoneyComesMoneyStays : While everyone was saying a recession is coming, even though most are saying it for political reasons for the last 3+ years, I kept buying and I'm now in the green. I'll continue to buy and buy extra if a dip comes.
SpyderCallOP MoneyComesMoneyStays: The bigger the dip, the bigger the rebound.
Asphen SpyderCallOP: Well said, sir. Market is manipulated and often any news we hear are already baked in. we need to see what's coming up 6 to 9months down the road as that will determine the market.
SpyderCallOP Asphen: Right. Ive heard some investors say "you must price in the future." This might be apparent currently as it appears that the market was pricing in rate cuts. im still not convinced in the rate cuts for now. im still going to follow the trend though. if the market is going up then Im looking for long positions. if the market is going down then I search for short positions. Of course it all depends on the time frame I am looking at.
Moomoo Lily : Hi mooer, thank you for your advice.The advice has been forwarded to the related team. @MoneyBabyy @ShinePlease take a look here. Thank you for your support.
SpyderCallOP Moomoo Lily: Awesome! thank you
Asphen SpyderCallOP: yes. priced in is always used but be careful with that. it is another manipulation tactic by the market makers.
Lu Loh SpyderCallOP: Yes, interest rate cuts probably won't happen next year because the economy is so bad that the Fed can't cut interest rates
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