$PDD Holdings (PDD.US)$ Fined so much it’s given me PTSD—even when they fine someone else, you still crash… I guess touching Chinese stocks just brings bad luck.
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$PDD Holdings (PDD.US)$ Chinese概念股 are really not for the faint of heart
Wishing everyone great fortunes
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May Recap: Excessive trading frequencywas the primary cause of losses in May. All losses came from buying into early-session rallies driven by animal spirits.
Short tradeswere also among the biggest losses in May—8 out of 10 short trades ended in losses.
Loss-making entries included::
- Shorting the strongest semiconductor sector ❌️ ‘felt’ it was overextended.
- Entering short positions on individual stocks trading above their 30-day moving average 📉❌️
- Buying after gap-up openings with strong intraday rallies, only to see prices close lower ❌️
- Revenge trading after losses: silver, CEG, and SPIR
-Unity: -9.5%. The biggest loss came from buying high after the earnings report. The purchase was driven by speculative enthusiasm without setting a stop-loss at -2% to -3%.
- Arm: Short position. No -3% stop-loss was set after purchase.
- Short:Portfolio dragged down by short trades. Lost on 4 out of 5 trades. All were guesses trying to chase highs and shorting lows ❌️. Trade what you see, not what you think.
#1: Condition for shorting 1️⃣ Break below previous support, rebound to MA10/30
Closing higher.
#2 Condition for going long 1️⃣: Big bullish candlestick rises abovePrevious high: Challenge MA100, then retrace to MA30/50 before rebounding to form a lower high
$Tesla (TSLA.US)$ : Buy on a gap-up, but the gap-up didn't...
Short tradeswere also among the biggest losses in May—8 out of 10 short trades ended in losses.
Loss-making entries included::
- Shorting the strongest semiconductor sector ❌️ ‘felt’ it was overextended.
- Entering short positions on individual stocks trading above their 30-day moving average 📉❌️
- Buying after gap-up openings with strong intraday rallies, only to see prices close lower ❌️
- Revenge trading after losses: silver, CEG, and SPIR
-Unity: -9.5%. The biggest loss came from buying high after the earnings report. The purchase was driven by speculative enthusiasm without setting a stop-loss at -2% to -3%.
- Arm: Short position. No -3% stop-loss was set after purchase.
- Short:Portfolio dragged down by short trades. Lost on 4 out of 5 trades. All were guesses trying to chase highs and shorting lows ❌️. Trade what you see, not what you think.
#1: Condition for shorting 1️⃣ Break below previous support, rebound to MA10/30
Closing higher.
#2 Condition for going long 1️⃣: Big bullish candlestick rises abovePrevious high: Challenge MA100, then retrace to MA30/50 before rebounding to form a lower high
$Tesla (TSLA.US)$ : Buy on a gap-up, but the gap-up didn't...
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$Grab Holdings (GRAB.US)$ Is this going bankrupt?
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$Oracle (ORCL.US)$ Taking profits on positive news?
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$Oracle (ORCL.US)$ Marching forward, marching forward!
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$Oracle (ORCL.US)$ I have long been desensitized
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$Oracle (ORCL.US)$ Why?
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