🐲Does the Dragon Constitution Rule the Stock Market in the Year of the Dragon?
Welcome to Thursday Special!
Recent trends in the stock trading world have seen the rise of what's called the 'Dragon Constitution.'
Have you heard of it?[Doubt]
In the English version:
The Dragon Constitution:
In your watchlist, prioritize only 'dragon' stocks. Buy only those recommended. Non-dragon stocks should be relegated to the secondary list.
During the first 30 minutes of trading, focus solely on the movements of a few leading stocks; ignore others. If you must observe non-leading stocks, wait for half an hour.
Enforce a strict policy to engage only with dragon stocks.
If there's a dominant leader, avoid engaging with secondary leaders.
If there are stocks showing consecutive gains, avoid counter moves.
If there are stocks showing consistent upward trends, avoid those showing retracements.
If there's a clear main trend in a sector, avoid engaging with subsidiary trends.
If there are well-known leading stocks, avoid speculative ones.
If there are stocks chosen by the market, avoid solely relying on personal selections.
In the first quarter of the Dragon Year, this principle seems to have held true.
For instance, $NVIDIA Corp(NVDA)$, leading the semiconductor sector, and $MicroStrategy(MSTR)$, with its significant Bitcoin holdings, had remarkable performances. 🚀
The Dragon Constitution essentially advocates for selecting the strongest stocks within a sector.
Do you agree with this principle?
Do you think the Dragon Constitution proved valid in the Dragon Year?💬
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Year of DRAGON 2024! 🐉🐉 🐉
The Chinese people celebrate their new year on unique dates. 2024 is the Year of the Dragon, and the animal holds a special place in Chinese culture. The wood dragon is the fifth animal in the 12 Chinese zodiac signs.
The dragon is known for leadership qualities such as power, charisma, authority, passion and creativity. Did you know that these traits hold profound implications for your personal finance journey in 2024?
Dragons are full of vitality and energy and are visionary and goal-oriented. They have a high sense of identity among all the animals in Chinese astrology. The dragon presents itself with tons of confidence, idealism and benevolence.
Dragons are powerful animals, and you can use their traits to meet your financial goals.
The power of the dragon is always expressed in the animal's roar. It is also a symbol of assertiveness in the decision-making process. Financial power or strength is the foundation that allows individuals to pursue their goals. It also empowers individuals with resources that allow them to meet their financial obligations and withstand economic challenges.
When setting your ambitions, you should be fearless like the dragon. Achieving financial prosperity requires you to proactively address financial challenges.
With their majestic and untamed nature, dragons bring forth a passionate and creative spirit that catalyzes financial empowerment and innovation. You are encouraged to align your financial pursuits with your deepest personal passions.
The dragon is a visionary animal with benevolent leadership traits. Visionary thinking involves challenging assumptions and evaluating new opportunities. Whether it's adding unconventional assets to your portfolio such as commodities or embracing cutting-edge financial technologies, the dragon's influence encourages you to think outside the box.
Do you like dragon? @Tiger_comments @MillionaireTiger @TigerStars @CaptainTiger @TigerClub @Tiger_SG
The Dragon Constitution - in watchlist, prioritize only 'dragon' stocks.
Buy only those recommended. Non-dragon stocks should be relegated to the secondary list.
perhaps hold some truths to it. concentrate and focus on these few stocks and not let other stocks be a distraction...
@GoodLife99 @Universe宇宙 @rL @xXxZealandxXx @aunteenat @LMSunshine @koolgal @Shyon @Aqa @HelenJanet @DiAngel
Do you agree with this principle?
Do you think the Dragon Constitution proved valid in the Dragon Year?💬
All valid comments on the following post will receive 5 Tiger Coins
Just like my $UOB(U11.SI)$ using my SRS fund. I might not have hoot it at a low price but a price i m willing to pay. Anyway, i wont be looking at it until my retirement age. But today, i noticed there is profit. Too bad, i can see the profit but cant touch it. Just like the dividend i will be receiving in May. It will be credited into SRS. I already have plan on the usage of the dividend. [Happy][Smile][Chuckle]