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cui师傅 Private ID: 70864778
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    $Meta Platforms(FB.US)$
    $Invesco QQQ Trust(QQQ.US)$
    The market has been turbulent over the past week. QQQ recorded its biggest decline since 2020, and could drop 4% in one day; Facebook, on the other hand, fell 26% a day due to a thunderstorm in financial reports, which is even worse than the gross bill. Yesterday, a friend of mine told me that he saw that Facebook had dropped by about 20%, so 239 entered the market to check the bottom. Facebook continued to decline after going to the bottom. He continued to go to the bottom, and there was no stop loss...
    I had the pleasure of following my mentor Wolf King's reading notes to learn what is the proper way to operate the stock market. King of Wolves: Buy more as the trend rises, don't fill up your position more and more when it falls! This is an absolute truth. The stock market experience can be understood through one's own experiments. A more effective method is to learn from other people's experiences.
    Translated
    Don't fill up your position as it falls
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    cui师傅 liked and commented on
    Recently, the price of a social media giant has plummeted. I saw N people hurriedly “scavenging the bottom” on various platforms. I thought I had found a big bargain, and as the stock price continued to fall, I started to panic again. Actually, in my opinion, I need to figure out my role in the stock market first, and then do something loyal to that role. If you think about it, what kind of image would it be to wear a Taoist uniform and read the sutras in a temple every day? If you consider yourself a long-term investor, always optimistic about this company, and encounter a sharp drop, you think this is a rare discount opportunity. Then you can continue to invest in the long term, just hold on to it. Don't worry too much about the time costs
    If you're just betting on it, it will bounce back. So you need to have a basis for gambling, right? On what basis? technology? news? Feeling? No matter what you base it on, please continue to rely on it.
    I'm currently based on technology, so I haven't joined; I'm still waiting. I've heard the phrase “fall sharply, don't break the bottom” from my teacher a long time ago. The logic behind this sentence is the same as what we often hear, “If you stand on the cusp, even a pig can fly.” The reflection is to follow the trend and do more with less. I will continue to explore technical indicators such as GMMA, parallel channels, and minimum resistance levels. Contrast my conclusions with the views on this subject mentioned in the teacher's daily two-day video, and wait patiently for the opportunity. It's like a hungry wolf waiting for its prey. The social media giant is a real piece of meat. I want to make sure I'm eating meat and not a moustache.
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    $Direxion Daily Small Cap Bull 3X ETF(TNA.US)$
    $Ultra Vix Short Term Futures ETF-ProShares (UVXY.US) $
    Based on the theory and points in the LW Tubing video, the following knowledge points can be summarized and shared mooer:
    1. Open positions at a pyramid above iwm203
    2. With UVXY rising to the GMMA pressure level for 4 hours (around 14), this is a good time to check the bottom of the market.
    Based on this theory, I checked the bottom yesterday at imw205. I'm writing here hoping to give you some technical references. Discussion is welcome.
    P.s. Quote LW's classic quote: Set up a mobile take-profit, don't let profitable positions fall below 50% ~
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    cui师傅 liked and commented on
    $iShares Russell 2000 ETF(IWM.US)$
    $Russell 2000 ETF - Direxion Triple Long (TNA.US) $ $Ultra Vix Short Term Futures ETF-ProShares (UVXY.US) $
    Based on the theory and points in the LW Tubing video, the following knowledge points can be summarized and shared mooer:
    1. Open positions at a pyramid above iwm203
    2. With UVXY, it rises to the 4-hour GMMA pressure level (about 14). This is a good time to copy the bottom plate.
    Based on this theory, I checked the bottom yesterday at imw205. I'm writing here hoping to give you some technical references. Discussion is welcome.
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