🔪🔪🔪🩸🩸 Catching falling knifes to lose money and let my friends laughed at me time and again is one stock-trading superpower I have. A falling knife is a rapid, steep decline in share price within a few trading days. Grabbing a falling knife is highly risky and should be avoided. Why are we still doing it? We do it because we want to secure a “bargain“ price. We use technical analysis to identify support levels to catch the stock. Catching a falling knife can be profitable when the market overreacts to bad news, causing a temporary dip for a fundamentally sound company. The emotional satisfaction that accompanies the monetary gains is highly addictive. It makes one feel like shooting all the way to the moon! 🚀🚀🚀 But sadly it is a bit useless to me because I failed most of the time. Thanks @TigerStars @Tiger_SG @TigerEvents @icycrystal @1PC @melson @GoodLife99 @Shyon 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.
