Some traders find themselves caught in a destructive cycle when a trade goes unfavorably right from the start. Instead of cutting their losses quickly, they refuse to do so, hoping to minimize their losses. As the price continues to move against them, increasing their losses, they persist in not exiting the position, even when an opportunity to reduce losses presents itself. They hope for a market reversal that would allow them to exit with fewer losses. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ Loss run As their losses worsen, these traders become reluctant to accept the reality of the situation and to implement a stop loss to limit their losses. They prefer to let the losses accumulate, still hoping for a ma

$NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Tesla Motors(TSLA)$ $Palantir Technologies Inc.(PLTR)$ $Invesco QQQ Trust-ETF(QQQ)$ This is one of the worst chart crimes I've seen so far this year. 1983 was a COMPLETELY different environment. Gov't debt was $1.1 trillion (now 32 times that), Reagan was president and started deficit spending like crazy for infrastructure, cold war arms race, star wars program, ect, and it was the start of the internet boom with AMD, ADI, and GD some of the best performing stocks that year. Regan (in percentage terms) was the highest peace ti

SummaryCharlie Munger's investment prowess is distinguished in the world of finance, marked by his unique approach to decision-making that transcends traditional financial analysis.His decision-making framework relies on a diverse set of cognitive tools known as mental models, which guide his thinking and have contributed significantly to his success.His application of these models showcases a holistic approach to complex investment choices.His admissions of deviation from his philosophy, underestimation of competition and learning from mistakes underscore the importance of humility and continuous learning.Article's Main ImageIn investing, few individuals possess the wisdom and acumen that Charlie Munger does. A celebrated investor, businessman, and partner of Warren Buffett , Munger's app

$AMC Entertainment(AMC)$ Obviously, AMC cannot offer stocks at this low-price range. I believe they will wait till October to do so.Today's low of $10.72, so far, represents the equivalent of the lowest of AMC before the conversion. However, APE's lowest was 65cents. I will start looking around $6.5 for huge short squeeze. Shorts may run it down to $5. Regardless of what the bottom would be, once it hit the bottom it will squeeze the shorts to $25 ~ $30 range. Then AMC can issue stocks around $15 and get rid of the debt once and for all.As I said before $Bed Bath & Beyond(BBBY)$ had no intrinsic value whatsoever except its inventory. $GameStop(GME)$ is only sur

Hello fellow tigers! Risk management stands as the bedrock of a sustainable trading plan in the trading world, where fortunes can be made or lost instantly. Unfortunately, many newcomers are lured by the siren song of flashy strategies, often ignoring the critical aspect of risk management. I aim to shed light on the wisdom of seven seasoned traders and their invaluable insights into risk management. While trading quotes provide bite-sized advice, the real value lies in translating these words into actionable steps that can transform your trading journey.[Smart]  #1 Cutting Losses "Letting losses run is the most serious mistake made by most investors." – William O’Neil Acting upon this wisdom requires premeditated decision-making. Develop an exit plan for each trade, especially when

journaling my trading journey to read again as I grow... usually a long term investor. today tried trading for the first time. was initially in the green zone until kids woke up & gotta deal with them. split second went into red zone. small loss by most trader's standard, but it was a learning experience. the lost was mostly transaction fees as I used the stop loss function & set to $5, the minimum! happy weekend!

In this article, the main focus will be on the best-selling book in technical analysis from Stan Weinstein “Secrets for Profiting in Bull and Bear Markets”, as well as his general teachings.BioNot many things are known about his life. He likes to keep his private life, private.Stain Weinstein holds a degree in economics, although he claims that he “put his degree on the side” during his career.First published in 1988, the “Secrets for Profiting in Bull and Bear Markets”, has become a market classic in the field of technical analysis.He is married and has three daughters.Stage AnalysisWeinstein is famous for his “Stage Analysis”. Stan identified that historically, every asset follows the same price action cycle, and dived into four stages.Stage 1 — The price has been dropping for a while an

$Marathon Digital Holdings Inc(MARA)$$MARA 2022 mining results 4,144 coin. It took just 5 months this year to achieve the same results, though mining difficulty is significantly higher this year. Now, at 6,293, it took just 2 more months to achieve slightly better than 50% YOY improvement. In just 2 more months, it will be 100% YOY. With the final 3 months of the year, it is very plausible that this margin will grow to 200% YOY. MARA will mine over 12,000 coin this year. The hodl should be around 16k coin. If bitcoin is around 30k, that's $480m in the value of the coin alone. I think it's easy to see what happens as bitcoin appreciates. No other miner is currently mining over 1k per month and increasing hodl. There is simply no better choice.

Tip 1: Deciding on a Trading Style That Fits You! Daytrading This is the trading form that beginners tend to focus on the most. Swing Trading Swing trading is a more slow-paced trading form where you hold on to your positions for one day to a few weeks at most. In other words, a swing trader attempts to catch the short to medium-term price swings. For beginners, swing trading is the ultimate trading form since it takes very little time and can be executed even by those who have a full-time job, while still having great profit potential. Position Trading This is a trading form that’s even slower than swing trading. A typical position trader holds his positions from a couple of weeks, up to several months or even years. This means that they’re attempting to catch the really long trends in th

Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many stock exchanges and markets worldwide through which people buy and sell stocks, or shares of a company. Stock markets or exchanges consist of lots of people buying and selling at different prices because they all have different ideas about those stocks’ value. One investor might think a stock will go up, while another thinks it’s going to go down. So who’s right about when to buy stocks? Understanding When to Buy and Sell Stocks The fundamentals of when to buy a stock and