[Tiger Friday] What do you learn from trading stocks?
It's Tiger Friday time! Coins and gifts are prepared for you. I would like to share what you have learned from trading stocks.No trader is perfect despite the fact that they put their heart and soul into investing. Trading is a hard-learned skill that comes with experience, perseverance, and dedication.
Trading is not only about making money but also teaches you many things more than you ever realize. They can be a life philosophy, a different perspective on things, or a humorous meme to inspire you.
💡How to participate
- Just leave a comment on this post and share what you have learned from trading stocks.
🎁Event Prizes
- All Tigers who leave a comment on this post and tag your friends will receive 10 Tiger Coins.
- One Tiger will receive 1000 coins for the most-liked comments. (Invite your friends to like you.)
- In addition, you get a chance to win a Tiger Gift🐯🐯🐯🐯
⏰ Event Duration
- 25 November, 2022- 2 December, 2022
Tag your friends, join the discussion, and win coins together! $Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Come and join @LMSunshine @HelenJanet @mhh @Success88 @rL @LuckyPiggie @Furore @pekss @koolgal @JC888 have a good weekend ❤️
frensss, how about u?
@LMSunshine @KenChee @HelenJanet @Fenger1188 @koolgal @Aqa @rL @melson @BenjiFuji @Jadenkho @Universe宇宙
🌟🌟🌟There are a lot of similarities between trading stocks and running a marathon. Both require planning and analysis, flawless execution and the ability to make adjustments quickly.
After a successful marathon, I take time to reflect what went well. Perhaps my consistent daily run of 1 hour a day pays off. After a successful trade I go through the same analysis. I look at the market and the decisions I made that day to achieve those results. The same applies to bad races and bad trades. There is actually a lot to learn from my mistakes than from my successes.
I set my goals and know my appetite for risks. I am constantly learning and improving my skills for both trading and running marathons. I learn not to be guided by fear and greed but to be more calm and analytical.
The clearest parallel between trading and running marathons is the battle between body and mind. Ultimately a strong discipline and commitment are required to be successful.
I strongly agree with @TigerEvents that no trader is perfect despite the fact that investors have put their heart and soul into investing. Trading is a hard-learned skill that comes with experience, perseverance and dedication.
I have learned from trading stocks that our daily life is also very similar to the share price which is very unpredictable and it is greatly affected by what is happening to the world, companies or individuals.
We need to be very patience, learned from our mistakes, read the latest news, be highly alert and be able to make swift decisions, this is In order for us to have a more fruitful returns from our investment.
🌟🌟🌟Trading stocks is like a boat in a sea. When the sea gets rough, the only way is to keep the boat afloat is to keep rowing. Fortunately there are some valuable lessons I learn from trading stocks.
I learn to embrace volatility as my friend for it is only when the markets are down, that I can buy wonderful companies at huge discounts. However I also learn to be choosey over which stocks I buy. Cheap stocks are not necessarily good buys. I choose quality stocks with wide moats that tick the core fundamentals of profitability, fortress like balance sheets and great management.
I also learn that trading without knowledge is like going to a casino. So I embrace the importance of learning all I can about trading, researching and developing my skills to be better.
Patience and time in the market is important, not timing the market. Trading is not a quick get rich scheme but a slow, gradual progress to achieve wealth and prosperity.
@TigerEvents
@Huangyulee @Elon2 @LMSunshine @MHh @SR050321 @GoodLife99 @koolgal @Jadenkho @pekss @Fenger1188 @Universe宇宙 @HelenJanet
1) Think wisely before trading
2) fully utilized your capital or Cash
3) Analysis and research the stock you gonna buy
4) control your emotions and feelings (when lost or in bad situations, keep yourself calm and focus)
5) planning and forecast (planning the strategy when to attack as in buy in the dip and estimate when is the good timing to buy in
6) Patience (must be patience to wait for the good time to enter the market and dont be greedy)
How about you? Pls join and share your experience and Opinion. @SR050321 @rL @SPOT_ON @GoodLife99 @HelenJanet @Fenger1188 @StickyRice @WanEH @Elon2 @melson @BenjiFuji @koolgal @LMSunshine @Universe宇宙 @Aqa @SirBahamut @hengsley @Success88 @MHh
This is because in stock market life, there is only two paths - Either go BIG or go Home. [Cool]
Come Tigers, tag your friends to go Big!
@LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888
@HelenJanet @Aqa @amroui @Pepermintpat @Mrzorro @LMSunshine @Universe宇宙 @GoodLife99 @rL
@TigerEvents
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@Tiger_Comments
@StickyRice
@Aqa
@SR050321
@LMSunshine
@MHh
@StarLuck
@GoodLife99
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@deal2deal
Once you are boarded the bus (i.e. purchased the stock), you are entirely out of control. Whether the bus crashes (stock plunging due to adverse news) or reaches its destination (i.e. reaching your target profit price), it depends solely on probability. Hence, it is imperative to only place trades based on high probability wins instead of chasing and forcing a trade.
FOMO, is often the primary cause of retail traders losing money in the stock market. It happened to me once and that remains as a valuable lesson since then. I was lucky to have put a stop loss to my losses.
Be patient, look for good setups, manage your risk and you will have a higher chance of success. Best of luck to all my fellow Tiger friends in the stock market!
@LMSunshine @Mrzorro @Aqa @Fenger1188 @GoodLife99 @rL @SirBahamut @HelenJanet @pekss @Korer @JC888
Same for Peloton as well, i followed a hype stock [Cry].
Those that I do proper due dilgence normally turns out well as I know the company fundamentals and when to exit when things go sour.
@LMSunshine @hengsley @Universe宇宙 @MoonMoon @Fenger1188 tagging u to hear my sad stories hahaha