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102823105 Female ID: 102823105
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    Please click here to post your investing resolutions to earn rewards. Otherwise, the posts won't be counted.
    Happy new year, mooers!
    Today, 2021 has officially become a page of history. We are now stepping in 2022, a brand-new start for everyone.
    Do you want to take a step forward and become a better trader? Let's get prepared and make plans for the unknown to overcome the obstacles along the way.
    We've prepared some key points from the goal-setting theory...
    Set your 2022 Investing Resolutions!
    46
    I entered stock market without understanding its characteristics and nature. When I entered the market in March 2021, the market was booming and I thought I can buy any stock and it will make money. So I went in to monitor for few days, buy the stock and hold it for couple of weeks and make some money in the process. I didn’t check on the taxes and fees that I will be paying for each transaction. I didn’t spend time to read about the companies and I didn’t realize that I am buying a share of the company and I need to understand the company, it’s finances, the sector it’s in, it’s ROCE, it’s cash flow, shareholders etc. As there was no basic understanding I was concentrating on buying at low price and selling at high price, that’s all.
    Later I entered options and futures with some advice from friends to make quick money by buying more quantity at a margin. I did make money initially but later I lost all of it since it didn’t understand the underlying facts of options and futures. I lost all the money that I made in equity in futures and options.
    The greartest mistake was to enter options and futures without even understanding the underlying stocks and it’s performances. So my fellow mooers please don’t do the following while you are new to the market (at least you need two to three years to know a little)
    1. Don’t buy using margin, always use cash and buy only the quantity that the cash can buy even if you are sure that it will earn more money in short term.
    2. Don’t try options and futures without understanding what they are and how to buy and sell them whether it’s put or call. Give yourself few years before you enter into derivatives.
    3. Have a plan for your investment - do you need it for retirement or kids education or their marriage, decide on it and then be patient enough for that money to grow. Don’t keep buying and selling quite often as you will loose more on taxes and fees. This will also help you to train to be patient and will keep you away from entering options and futures. Likewise decide whether do you want to be an investor or trader.
    I thought I will share these with you guys so that it might help the new entrants in the market.
    Merry Christmas and Happy New Year to you.
    1
    $Ashford Hospitality Trust(AHT.US)$ It fell to 3 in the joint stock market, this is your routine
    Translated
    Hello everyone, I'm Lao Li
    There is no market that only rises and does not fall, and there is no market that only falls but does not rise. The higher you jump, the more pain you will fall, and the deeper you squat, the higher and farther you will jump in the future.
    Although today the market has set new lows again, this new low can be used as a starting point for the mid-term market. Because the pessimism is released more thoroughly, from the perspective of transaction volume, the market looks like funds will enter the market after the index is at a new low. If the market goes out of a big positive tomorrow, this will further stimulate the accelerated entry of incremental funds. .
    It has a mitigating effect on the short-term liquidity of the market.
    $Hang Seng Index(800000.HK)$ The Hang Seng Index rebounded again after a new low, and the short-term market wind has not changed. However, after the continuous decline in the market and the recovery of the external market, there is not much room for the index to fall, but the probability of a substantial rebound in the short-term is also not large. Yes, wait for the low position to converge and choose the main direction. At the technical level, the Hang Seng Index continues to remain in the downward channel, supporting 23,000 within the day, and 24,300 above pressure waiting for the direction to be selected.
    $BYD COMPANY(01211.HK)$ BYD has completely reproduced Tesla’s trend of low and high. It should be noted that the valuation is too high in the short term. Secondly, although the industry’s prosperity does not change, the growth rate of performance affects the adjustment of valuation, and with the upstream The rise in prices squeezes downstream profits, and near the end of the year, there is indeed the possibility of high-low switching. The current price is high, waiting for the adjustment to end. If the intraday support 240 breaks to open up the downward space, the upward rebound pressure 280 is an upward trend line pressure. , Wait for the adjustment to be over.
    $SMIC(00981.HK)$ SMIC continues to fall today, and still maintains yesterday's view. This decline was not caused by bad news, and the sentiment fell. Kdj diverged directly upwards, which is expected to form a golden fork to drive the stock price to usher in an anti-truck. The more and more carefully this location becomes a golden pit.
    $PING AN(02318.HK)$  China Ping An continues to consolidate. It can be seen that China Ping An has obvious signs of strengthening recently, and does not follow the index fluctuations. After the negatives are exhausted, it is expected to correct the decline during the year. The daily support is mainly 55 bargain hunting, and the top is stable and 63 opens. Rebound space.
    $TENCENT(00700.HK)$  Tencent continued its downward trend and tested the previous lows again in the short term. The current stock price remains fluctuating at the bottom edge of the box. However, it can be seen that the volatility of Alibaba  $BABA-SW(09988.HK)$ ,   $MEITUAN-W(03690.HK)$ , and   $XIAOMI-W(01810.HK)$ has declined recently, and the fundamentals have been exhausted.
    China's concept stocks are now on the left, and the odds on the left are enough, but it takes time to stabilize and move up, and try to buy as low as possible.
    12.16 Closing comment; the market is at a new low again, what should I do?
    12.16 Closing comment; the market is at a new low again, what should I do?
    12.16 Closing comment; the market is at a new low again, what should I do?
    +1
    $Hang Seng Index(800000.HK)$
    HSI must break 24,490 level (20 MACD) & able to sustain then engine will start again
    1