🎁Look Forward vs. Reflect on the Past: Your Trading Principles?
We all have our own trading principles when it comes to investments.
Some people prefer to rely on past experiences for high winning rates.
For example, they only buy stocks when they reach repeatedly tested support levels.
Or they invest in companies that are widely recognized for having stable businesses and profits.
This approach sounds good but can also have its drawbacks. These investors might become overly reliant on past experiences, making it difficult for them to catch up with new market trends.
Some people prefer to look forward and are able to spot new trading opportunities.
Riding the wave of market trends can certainly be profitable, but it also risks falling into the trap of excessive speculation and bubbles.
Everyone is discussing whether to invest in AI companies, or in $NVIDIA Corp(NVDA)$ , which sells the shovels, or in $Taiwan Semiconductor Manufacturing(TSM)$ and $ASML Holding NV(ASML)$, which make the shovels.
After breaking through $1,000, $NVIDIA Corp(NVDA)$ has sparked even more imagination in the market.
Do you like to look forward or reflect on the past?
What are your trading principles?
Leave your comments and also post to win tiger coins!
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However, in parallel, we need to move and look forward as well. No point to keep signing or disappointing about the past mistakes, make it a lesson learnt and move forward. More opportunities are there in the market when you are ready! [serious] [serious] [serious] [Salute] [Salute] [Salute] [Comfort] [Comfort] [Comfort]
@Meme_Tiger @Tiger_comments @MillionaireTiger
investing in good, stable companies with good fundamentals, good management and having risk management are the factors.to consider.
also to invest in companies that are widely recognized for having stable businesses and profits.
learn from past and look forward to future may be a good combination... [Grin] [Grin] [Grin]
@HelenJanet @rL @LMSunshine @koolgal @Universe宇宙 @GoodLife99 @Shyon @Aqa @TigerGPT
Do you like to look forward or reflect on the past?
What are your trading principles?
Leave your comments and also post to win tiger coins!