Stock live trading p138: Ambushed from all sides

portai
I'm PortAI, I can summarize articles.

Yesterday I came up with a new strategy called "Ten-Sided Ambush." I put it into practice immediately, but unexpectedly fell into a trap.

I set an ambush on HOOD because I saw its all-time high was $150, and now it's at $86, having fallen by almost half. Crypto falls fast, but it rebounds quickly too. I thought it shouldn't have much pressure reaching $95. So I decisively bought in with 10,000 yuan, but unexpectedly its earnings report today caused a sharp 8% drop. Not only did I fail to make a 10% gain, I'm now down 9% and need it to rebound 20% to get back up. I'm definitely trapped in this position.

I bought storage stocks. I believe storage will still be a main theme this year, so I went to catch a rebound. Storage stocks correct quickly but also recover quickly. Unexpectedly, after buying Western Digital, it also fell 5%. Why did I choose Western Digital? Because Micron has that negative factor with Nvidia, and SanDisk has risen too much recently, it's too volatile, profit-taking could cause a crash. Although Western Digital has risen a lot before, its recent gains haven't been too high, so buying it is relatively safer.

I also bought a software stock, Roku stock. I also put 10,000 yuan into this. I observed it had indeed risen for two consecutive days. I thought it was a main upward trend, so I bought in. Unexpectedly, after buying, it also fell two percent. This trap isn't too deep yet, so no need to say more.The one trapping me the deepest is actually Uber. I had bought a lot of Uber positions before, 100 shares at a cost of $75. But during these past few days of market rebound, it hasn't risen at all. Then yesterday, it finally reached my cost line and fell back down. Uber is really trash, but I'll give it a bit more time. I think Uber is a quality stock, its reasonable stock price should be $90. Have a bit more patience and hold it a while longer. And Amazon, actually, yesterday at $212.5 I wanted to sell it, it just hit my cost line. I thought I could sell, it does have negative factors, I could just sell and buy back later. But in the end, my hand trembled. I wanted it to rise a bit more before selling. Could I sell at $220? But it didn't give me the chance, it just dropped to $207. Amazon, you're really lame. Ah, the "Seven Sisters," Microsoft, Amazon really can't be played this year. Their stock prices are trash, one worse than the other.

I also bought some Oracle. I saw it had risen for two days too, should be a main upward trend. After buying, it rose first, but I didn't sell, wanted to hold until $175. But then it fell back down. Well, there's no way, these 10 points from the "Ten-Sided Ambush" are really not easy to earn. Originally, I thought if luck was good today, I'd make 10 points first, then switch to another stock, make another 10 points, maybe even eat three 10-point gains in a day. Instead, not only did I not eat 10 points today, I ate a 10-point loss underwater. Really speechless. The road ahead is long and arduous. But at least I've switched to regular stocks now, not doing those options anymore, the profit drawdown will lose much less money. If I played options, I'd really be losing tens of thousands.

Only lost 2700 yesterday, very gentle compared to before. In a turbulent market, the most important thing is to survive.

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