Tag: stockmarket

  • Abundance

    Abundance

    I see a location of openness and oneness. I think of the stock market no more. The last few weeks were hectic cos my focus was solely on learning and cramming so much information. If I had to put a smell to it, I would choose electric wire burning. I think of the wire plastic melting down. Constant noise from the outside world and my body while screaming I cannot hear it speak. Abundance speaks health to me. That is what I was throwing away. Losing something is such a pain.

    The loss of abundance

    Loss of money causes lots of pain. Not listening to my feelings will cause hurt to come out from somewhere else or on somebody else.

    After selling most of my positions, notably Baba, I felt relief. First, however, I need to address the big issue. Why did I allow myself to get into the pain first? My feelings forced me to get revenge and fight the market back. I thought that it owes me something.

    Discovery of Abundance

    So I had to transfer myself to writing on a different day. Yesterday I was coming to Atlantic Ave train stop, and I had to move to another train. However, I didn’t have a way to write my notes. It’s also a slow process on the phone. So I ended up going to read Alex Novec. It’s a book about finding happiness.

    His book is interesting in that he has no limbs. At first, sadness and frustrated, but he found ways to cope with it as life went on. If I let it show me what to do, life is a great teacher. So the idea of abundance is all around me.

    Later that day, I eventually found myself programming at work—my regular job. I had, of course, checked the stock market a few times but quickly told myself not to get into the market. I want to maintain my sanity. So I want to get an EFT stock and keep things simple. Start with a well-diversified portfolio first, then watch it every month. Then go from there.

    My most prominent scary thought is to buy some ETF share while we have a dip. Nobody knows the low. We know that market goes up all the time. So it’s better to resist the temptation of waiting. I was thinking of getting into VOO and JETS. Then see what happens.

    Recovery

    Today I set a time limit of 15 mins so, hopefully, I can continue getting the abundance of ideas then close out in the end. I think I have about a minute left before I need to go to my next task. So I should write something nice at the end and say my Goodbyes till I write next time. Maybe that is already good enough, and I can let go here.

    Abundance makes me feel that I have a lot in my life and need to stop and see it—kind of like meditation and stillness. I dont know why the timer didn’t go off yet, but I’m writing till the last letter here. I’m trying not to look at the timer, but it does cause anxiety, cos I have other things on my to-do list.

    For example, I want to wash my face, work out and then move towards my favorite part of the day, breakfast. I had made oatmeal a few nights before. Today I will add apples, raspberries, figs, nuts, and almond milk. All the goodness I can think of and then some more. I am waiting for my avocado to become ripe.

    So I cheated. I looked at the timer. It turns out that I have about a minute left to say my goodbye. Man, I’m surprised that I had some much today say. That is a version of abundance. I will throw the text into Grammarly and then hopefully publish the post today.

    Be well.

    Valkyrie’s of Abundence IINYC 12.8.21
    Valkyrie’s of Abundence IINYC 12.8.21
  • Day Two: Write a List

    Day Two: Write a List

    Today, let’s write a list. According to the everyday inspiration a list will allow me to loosen up my mind and unlock more ideas. The challenge is to choose one of the following topics.

    Things

    • I Like
    • I’ve Learned
    • I Wish
    • You’re Good At

    I decided to go with a timer to limit myself to 45 minutes of free listing on the Things I’ve learned.

    Write a List

    Trading Flow

    • Before you enter a trade
      • What is the trend?
      • Bullish
        • Is the price at support?
          • Yes -> Buy
          • No -> Don’t trade
      • Bearish
        • Is the price at resistance?
          • Yes -> Sell
          • No -> Don’t trade

    Stock Market MACD Indicator

    • Composed of 12, 26 period moving average
    • If the 12 period is greater than 26, the market is bullish trend
    • Also, the opposite will make it bearish
    • Crossing over the Zero line will also indicate a bullish trend
    • Is used to show divergences of high highs and lower lows for the market structure
    • When the average moving period crosses the signal line, we can see a buy or sell signal
    • Is a momentum indicator

    On Balance Volume Indicator

    • Is used for trend divergence by comparison to market
    • Can show overall trend direction
    • Use it confirm the type of market your trading

    Stock Market RSI

    • 30 means oversold market

    What is Market Confluence

    • It’s a combination of indicators to build up your trading edge
    • You can combine TTM Squeeze with flag pattern to place a trade
    • Look for oversold positions to open a starter
    • Wait for SMA 50, EMA 20 to cross over VWAP for a bullish trend
    • Allow the MACD histogram to hit the support structure to indicate resistance

    TTM Squeeze Indicator

    • Momentum buildup
    • Look for confluence between 2-hour, 30 min or daily time range
    • Keep an eye on the squeeze period cos if it’s too short you won’t have enough time to review it
    • Use it together with support and resistance
    • look for strong bullish hammer candle and strong squeeze
    • Can be combined with the bullish flag pattern
    • Can predict large moves in a certain direction
    • Avoid choppy using together with choppy price action
    • Red dots mean low volatility compared to the normal range
    • Green dots mean the market is taking off
    • Teal is positive momentum
    • Dark Blue is negative momentum
    • Use Fibonacci extension tool to find the exit and take profit at 2.4618 range.
    • Look for Wedge patterns to aid in confluence when placing a trade
    • Writing lists can be helpful for learning and reviewing what I understand

    Write a List End

    As you can see, I learned a lot about the stock market. If I made a “boo boo” anywhere here let me know so I can make a ton of money. If you’re interested in finding your own inspiration visit blogging university resource page to start your own list.

    Here is an illustration from my art meetup:

    Day Two: Write a List Afanc IINYC
    Day Two: Write a List Afanc IINYC