Wrapping What I Learned in Stock Market under Quarantine 2020
Malapit na GCQ, I'll wrap this up. Buy low, sell high! The basic thing to do in stock market. But what people don't know is the importance of a current trend of a specific stock. Stock Market Trap: Hype from hearsay F.O.M.O. (Fear of Missing Out) Fake news Good news causing a reversed price action Market sentiments Bull trap False breakout Fake projected opening/closing price Big players do shaking off weak hands from time to time Hype from hearsay can be a dangerous distraction with your trading plan. Discard what's not useful. Fear of missing out emotional feeling can be a good ally if the momentum of the price action is continuous and has a confirmed trend. Fake news can be derived from hyping others, encouraging them to buy for more volume regardless of the intention. Good news can also cause a reversal price action for the current trend if majority of the market sentiment is against with the news. Reversed psychology can be visible...