Dad trading rule
Trading rules that I want to pass to my kids:
1. Research and learn well before decide which shares to buy (Fundamental Analysis, Technical Analysis, Expert Recommendation, Community, etc.)
Thanks to moomoo apps which provide most of the info for newbie like me, I'm able to start well by reading many useful course materials, fundamental& technical analysis, candle stick graph, company summary, financial, shareholders info, market news, etc. bravo @moomoo Singapore
2. Only invest using money which will not affect daily and near future needs as investment takes time to grow and show fruitful result, do not be greedy and want an instant success by invest in high risk shares.
3. Patience is the key, wait for the right time to buy and sale, I am more on conservative one which prefer to buy at low, we can buy more shares with same amount of money, even it further down if our research is good and solid we should trust it will easily comeback and go up above the purchase value.
4. No absolute right or absolute wrong on decision, experience needed to understand how it work, never regret and give up, carry on and use failure as the best teacher to improve our decision quality.
5. For me I divide my purchase into long term investmen and short term (trading), for short term better find those shares with frequent and high volatility, buy at low sell at almost high to get more fund to buy more on longer term shares, so yes BB stocks should be one of this criteria, hope moomoo will grant me one![]()
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Thats my 5 trading rules, where it should start with no 1, do proper research before start to inves thus we can reduce/ prevent chances to make big mistakes and loses.
Thanks @moomoo Singapore for this nice event, hope we can learn each others and grow together 👍👌![]()
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1. Research and learn well before decide which shares to buy (Fundamental Analysis, Technical Analysis, Expert Recommendation, Community, etc.)
Thanks to moomoo apps which provide most of the info for newbie like me, I'm able to start well by reading many useful course materials, fundamental& technical analysis, candle stick graph, company summary, financial, shareholders info, market news, etc. bravo @moomoo Singapore
2. Only invest using money which will not affect daily and near future needs as investment takes time to grow and show fruitful result, do not be greedy and want an instant success by invest in high risk shares.
3. Patience is the key, wait for the right time to buy and sale, I am more on conservative one which prefer to buy at low, we can buy more shares with same amount of money, even it further down if our research is good and solid we should trust it will easily comeback and go up above the purchase value.
4. No absolute right or absolute wrong on decision, experience needed to understand how it work, never regret and give up, carry on and use failure as the best teacher to improve our decision quality.
5. For me I divide my purchase into long term investmen and short term (trading), for short term better find those shares with frequent and high volatility, buy at low sell at almost high to get more fund to buy more on longer term shares, so yes BB stocks should be one of this criteria, hope moomoo will grant me one
Thats my 5 trading rules, where it should start with no 1, do proper research before start to inves thus we can reduce/ prevent chances to make big mistakes and loses.
Thanks @moomoo Singapore for this nice event, hope we can learn each others and grow together 👍👌
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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