Really Nifty Feature
If there is one feature that is a 'must have' apart from the charts, I would say this is the one and I will explain why below.
I really like the market depth data offered by moomoo be it from a trader point of view or long term investor point of view.
Say after you have studied the company in depth and decided this is one business that you want to invest in, what would you do?
For most, probably it is to buy in at a good price. Even if you can't buy in at the best price, you want to avoid buying at the worst price.
There are a number of methods to do it, including the use of this market depth data offered free by moomoo.
Just to share a quick summary of how I do it using the market depth.
1) Firstly, I would check the market depth on the bid and ask prices, and map out the key levels (possible support / resistance) on the chart.
2) Then check these key levels against the corresponding bid and ask vols. to see whether they are support / resistance.
3) If it is a valid setup, I will consider to buy slightly higher than key (strong vol.) support level and sell slightly lower than key (strong vol.) resistance level.
You might want to try this approach too because it combines both TA (Technical Analysis) and PA (Price Action) and see if it is helpful to you.
Lastly just want to share one more point which some might find useful as well:
Generally, if the sell vol. is more than the buy vol., it means buyers agree to buy at sellers' price. This is an indication that the share price is going to move up.
That's all from me. Cheers and let's make more money together!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Bought my first stock in 1996. Still learning today.
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Dadacai : Hi, can I check if you have received the points from the homework in Summer Camp Week 1?
GT1982 OP : Hi I think yes. Saw an 88 points if that's the one.
Dadacai GT1982 OP : It should be 188 points.
Mars Mooo Dadacai : Hi, you received 188 for week 1 and week 2?
Dadacai Mars Mooo : No. Apparently need to wait for 2 weeks.
Mars Mooo Dadacai :
must be too many participants. Thanks for the reply. ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Wondering does one get 188 points for correct guess for each session. ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Priceless Investment :
