Father's Day Contest
Well well well, the no. 1 trading rule I learnt from my dad is to DYODD. Do your own due diligence - be responsible for your own decisions.
Back then in secondary school, I started being curious about other ways to earn money besides working at McD. I started a blogshop, saved some money, along w angbao money, then looked at stocks and trading tools.
Dad never ever gave any recommendations or advice on what to do. He was not an active trader himself either. Only once a year maybe? Really passive and because most of his money was spent on the family.
When I wanted to trade, he let me deposit money into his trading account and make all decisions myself. Building my own watchlist, reading the annual report, googling about MACD and RSI, making my bid, putting alerts, monitoring, selling..
I had full ownership and to the very last cent I had to put in my own money - no bargaining at all LOL. And so I learnt and stumbled, feeling the excitement, the heart pain (1 lot used to be 1000 shares omg).
Long story short, my no. 1 trading rule I learnt from dad, is do your own due diligence. You are responsible for your own decisions. Whether you buy or don't buy, follow the trend or not, believe the books or not, time the market or not, whatever it is, you should study and be responsible for your own make or loss.
The very first stock I bought in this story.. Almost 11 years ago already @@ $ST Engineering (S63.SG)$
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NyC SK : everyone is a winner in his own way of life.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
7HOngH7 : yes, trading is abt making own decision. blame no one if you pick the wrong stock.