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Tesla (TSLA) releases Q3 earnings: Complicated outlook
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Frequent short-term trading every day is very harmful

All the fault in the financial market is nothing more than the word “greed” and the word “urgent.” All questions are ultimately a matter of time. The condensed version of the 1-minute chart and the partially clear 3-minute chart for Friday, October 27 (the corresponding 1-minute chart was destroyed because someone tried to carry out a sneak attack during the after-market trading period to sweep up the stock price. The market returned it to its original form due to insufficient strength, and the 1-minute chart displayed normally was destroyed.) It gave us important information and something worth reflecting on:

1. Most people trade in the wrong direction most of the time.

2. At high levels, there are far more people who are bullish and go long than short sellers. People with duvet covers abound.

3. There are many people who are happy with the ups and downs.

4. There are far more bearish and short sellers at low levels than bullish and go long.

5. Having no awareness or experience in capital position management, acting hastily, and carrying out large positions, heavy positions, or even full positions, and financial gambling transactions, there was no capital at a critical time when the position layout should have been gradually opened.

6. Acute and mean, extreme egoism, and so-called “seeking profit and avoiding harm”. Their money cannot be covered, so they only like icing on the cake, and they never want to give money in the middle of nowhere. Chase the rise and kill the fall. It's better known as trend trading. Unbeknownst to me, trends are also divided into main trends and secondary trends.

7. There are many emotional people who think that the stock price will touch the 154.76 to 146.41 gap that only partially filled in the previous period. The lowest recovery in the previous period was 152.37.

8. Nothing is absolutely impossible in the financial market. However, Tesla is not an ordinary US stock. Most importantly, its profit chip ratio has now been below 21% for 8 consecutive trading days, below 5% for many days, and even less than 1% in the intraday period. Profit chips have been hovering at ultra-low levels for a long time, and the coincidence of the range falls below 70% for a long time, which in itself means the arrival of a phased bottom.

The 9.K line chart and technical aspects are all quite bad, but they are not bad to the extreme. Judging from historical data, the time when the K-line graphics and technical indicators are worst is also the safest time. Waiting for a sign of Tesla's stock price revolt. As long as the market requires us to wait patiently, we will wait patiently for as long as we wait.
Frequent short-term trading every day is very harmful
Frequent short-term trading every day is very harmful
Frequent short-term trading every day is very harmful
Frequent short-term trading every day is very harmful
Frequent short-term trading every day is very harmful
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