WILD WILD WEST MARKET
Last week the market was very promising by Monday.
Arriving Tuesday all hopes break loose and the market spiraled down to the negative.
As a whole the market moved sideways for the most times.
Lately I did put myself in the pool to learn more of the stock market.
Since I involve more with crypto market I see the need to understand and correlate
the aspect.
I have to say I am pleased to see #hive keeping up with its day to day value. Even #hbd is holding on to the dollar mark. Many Hivers are moving on from #steem and by end of June we should a complete separation from both chains. Soon to be HF will put hive in a different path going forward.
I used webull to learn and do my day to day trading. I do have the options to do #options as well. Not there yet cause I need to feel comfortable with my trading apparatus in order to trade. The news has broken that a young guy were trading options and accumulate a debt worth $700K. The story ends sadly cause owning that amount of money with no sight of giving it back is deadly.
While trading I see how easy to leverage the market to your advantage. Lately with many stocks
so low many amateurs are venturing to earn a few bucks. I even see growth over 30%.
Lately I slowed down cause I know I can burn my account looking for quick percentage.
No matter how you look at it you have to take the emotion out and trade with peace of mind.
This guy was making money at one time.
It look very serious to see him losing his life over financials decisions.
It may sound retarded but any value people looks elsewhere should make
ones life better.
It looks tempting to go buy #zoom right now or buy a share of any company with
intentions of finding a cure for covid-19, just leave the emotions out of it.
Stay safe and invest with the amount you are willing to lose.
Posted Using LeoFinance
