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Kuya_xKanu Male ID: 70745743
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    Kuya_xKanu commented on
    $Tesla(TSLA.US)$ CEO Elon Musk said "the actual U.S. national debt is almost three times the size of the economy at $60 trillion" on Twitter yesterday, replied to an article from the Babylon Bee.
    The Babylon Bee's satirical article said that President Joe Biden was planning to wipe out the U.S. national debt with a $30 trillion bet on the professional American football team Cincinnati Bengals.
    It's not the first time that Musk expressed...
    Elon Musk on US national debt: 'something has got to give'
    Elon Musk on US national debt: 'something has got to give'
    Elon Musk on US national debt: 'something has got to give'
    13
    During March of 2020, the stock market crashed when the whole economy basically shut down due to Covid-19. One of my friend saw this comming and told me to sell everything and buy back in later, but I didn't listen. My profolio was down about 30% to 40%, I did not panic sell. Instead, I begin to buy a little by little everytime the market/stocks drops by more than 5% to 10%, during this time, I have to say it has been hard both emotionally and financially...
    My Story during the Covid-19 Market Crash
    3
    I started investing in mid-October 2021. I've never experienced any crashes of the market. Only hearing about it as a bystander and it scared me enough to never want to invest.
    Here I am now experiencing my first bear market, or crash, or whatever you want to call this, and I'm heavily invested in SPY and crypto! Everything is going down... but I think the term is dollar cost averaging in. I don't think anyone can really time a market, but you can put yourself in...
    I decided to go the safe route in the beginning of the year and invested in banks and commodities. I feel as those are safe plays while there is a potential interest hike to battle inflation. I kept all my other crypto and stocks although red... you never lose until you sell! Amirite :)
    Here's to a successful year!
    Kuya_xKanu reacted to
    Hi, mooers!
    Has this ever happened to you? After you bought a stock, its price started to go down. The price bounced back right after you let go of it. It seems like we are somewhat being cursed because the market goes against our moves. Have you ever thought of why this happened and how to avoid it? This article might help!
    Spoiler: There's a chance for you to win points if you read till the end.
    Why should we review our trades?
    Writing reviews is one of the most effective ways to evaluate our past performance. A comprehensive review should include the assessment and analysis of your progress and mistakes. Reviews could be the basis for better planning and decision-making in the long run.
    Please take a look at what @Jamesimsaid about reviewing trades:  WHY DO YOU WANT TO REVIEW?
    How to review your trades?
    Tip 1: Record the actions and results
    You can write down your trading ticker, the P/L, transaction details like entry and exit points, order details like buying and selling prices, etc. Details of your actions and results are essential to the reviews and analysis afterward. 
    Check out the examples below:
    Tip 2: Write down your observations
    Apart from the records of your actions, reviews can also include observations. You can always reflect on yourself, the companies you are watching, or the overall stock market. If you are a daytrader, you can take screenshots of intraday charts and comment on them. Besides, technical indicators are helpful when you are trying to uncover patterns. We've found that most trading reviews concentrate on self-analysis and include little about the related companies and market sentiments. Let's see how to do it appropriately below.
    "Leap of Faith with Leap Option Play" by @Moo Top
    "Era of electronic car competition" by @Jamesim
    Tip 3: Accept your mistakes and celebrate your progress
    With the records of actions and observations mentioned above, you can dig deeper to uncover the mistakes and progress you've made. In this process, there shouldn't be any hard feelings. We can celebrate and learn from both failures and successes. Reviews enable you to keep tabs on your growth as a trader and the weak links of your trade. Only by constantly improving yourself can you become more confident. An excellent example is as follows: Watch out Trailing Stop!!
    Tip 4: Monitor and control your emotions
    Being indulged in emotions, negative or positive, could lead to impulsive actions. A review of your trade allows you to note down how you feel when encountering a specific situation. This practice enables you to accept and acknowledge the emotions behind every transaction.
    Example to review your emotion "Lost by not entering, won by not entering too." @Moo to Moon FTW, and @Ganar Poco
    Trading reviews are powerful learning tools. Writing them is part of the excellent mechanism that helps you discover what you want and what suits you the best. A couple of months later, you may start to uncover the patterns of your trades, which means your trading system is taking shape!
    How can moomoo empower your review?
    moomoo's trading notes allow you to record the details of your current position target and the profits and losses. It also records the number of stocks and the frequency of your trades within a certain period. Your review could become much more straightforward and precise with the trading notes. Let's take a look at how to use the "review" features on moomoo!
    In addition, by reviewing your trade with moomoo, you will be able to exchange notes with other mooers. A friendly community vibe is what we encourage and appreciate. If you have any suggestions, please feel free to comment!
    Final Words
    Nothing is too silly to be recorded in your review. Just write down what happened when you missed a trade because you were watching the latest episode of a Netflix series or you were busy talking to your sweetheart. Remember that the best time to start writing is now! Over time, writing reviews would improve your trading efficiency. The reviews could be your key to favorable trades if they're consistently and constantly updated.
    Share your tips for reviewing trades and comment below, and we will select the top 10 users with the most likes to give away 88 points reward!
    Review Trades to Shape Your Trading System
    Review Trades to Shape Your Trading System
    Review Trades to Shape Your Trading System
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