$XPeng Inc.(XPEV)$  Time to Short it [Cool]   $Lucid Group Inc(LCID)$  $NIO Inc.(NIO)$  $Tesla Motors(TSLA)$  $Li Auto(LI)$  

In trading, there are 4 stages in my opinion: Beginner and Learning to tradeIntermediate but not consistentConsistent and not profitableProfitable and Consistent The goals of each stage is drastically different from the rest. Here are goals of each: Beginner and Learning to trade Learn your 1-2 set-ups.Execution of your set-ups.Taking 3-5 trades a weekReview Intermediate But Not Consistent Mastering risk management and position sizing.Mastering emotions such as greed, FOMO, revenge trading, exhuastion, lack of focus and loss aversionPerfecting your trading system and being comfortable with it. Consistent and not profitable Reviewing trades to learn from mistakes each day.Being able to take profits and exits trades properly (win or loss).Taking only 3-5 trades a week maximum until you are p

Many people have asked me how to forecast the trend base on the results i show in my charts and also wonder how many trades do i usually do in a day. The following image below is one of the trades i have done recently. On average I do 20-30 trades a day. My highest is over a 100. During the economy downturn, i have took a break from the market as it is too dangerous. You can't beat the market because there are always sudden changes in the economy and market manipulation involved everyday. But that doesn't mean you can't profit. You can stay to the fundamentals and technical analysis and put yourself in a better position in the market. To me as a trader and investor, it is very important to have a enter and exit plan. You cannot buy or short a stock blindly. The market is no

$Coinbase Global, Inc.(COIN)$   Beautiful trade today. [Miser]  

$Coinbase Global, Inc.(COIN)$   For those playing this stock COIN beware. This stock is manipulated. This is the 2nd time i have saw this happen since yesterday. [Anger]   Becareful.  

$Coinbase Global, Inc.(COIN)$   Good trade, time to sleep. [Happy]  

$Coinbase Global, Inc.(COIN)$  Short it. Like you mean it. [Miser]  

Hi, how are you investors?

Thanks$Coinbase Global, Inc.(COIN)$ 

$NASDAQ(.IXIC)$  Money Monkeh guessing: Slow downtrend for all markets, because only a few weeks are left until new year. People will cash out their win and any big positive news will most likely be saved for next year. Then again who know, maybe market isn't that simple. If market keeps heading up, join the ride with great care. If it goes down, then don't try be the dreamer who believe he can locate the bottom. Anywho! When there is Money, there is also Monkeh yo! 🫶

Good the procesdokkamnnannajana

Last year (2022), SG PM has shared an imminent recession is expected in the coming 1-2yrs. Are we there yet? Looks like most people in SG are preparing for it so I guess there won't be one...right? Time to go bullish?

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