HOW TO PICK THE BEST STOCKS TO INVEST IN ⛏️⛏️⛏️🔥🔥🔥🚀🚀🚀
There is no single approach to picking the best stocks. 🤣🤣🤣 It depends on variety of factors, what are the outcome you trying to achieve, your attitude towards risk as well as capital and time you invested.
1. DYDD. Do your due diligence. Research research and research. Understand the damn business. What is the revenue and its business model. This includes fundamental and technical analysis. Calculate the IV of stocks to your best assumption.
2. Don't put all eggs in one basket. Work out your strategy and goals. Use a mixture of qualitative and quantitative stock analysis to build your portfolio. Invest in different fields.
3. Avoid emotion apes! 🐒 This is not a gambling and you should never play with your hard earned monies (unless you are super rich 😁).
4. Repeat! Repeat! And remember the above steps
2. Don't put all eggs in one basket. Work out your strategy and goals. Use a mixture of qualitative and quantitative stock analysis to build your portfolio. Invest in different fields.
3. Avoid emotion apes! 🐒 This is not a gambling and you should never play with your hard earned monies (unless you are super rich 😁).
4. Repeat! Repeat! And remember the above steps
Many investors picked the dividend strategy because they can reinvest the return, not necessarily buying back the same stonks but this is more to savings in the bank strategy. Whilst others that less concerned with dividends will choose capital growth strategy, following the investing style of Buffet.
When picking stocks, it is important to make sure it suits your risk management strategy. All markets carry some degree of risk as stocks are continuously affected by external factors, well see what happen in the recent CCP regulations to $DiDi Global (Delisted) (DIDI.US)$ and $Tencent (TCEHY.US)$
How much trading risk you will take depends on your risk reward ratio that you've set. Therefore it is important to decide how much capital you willing to risk per trade and overall. ®️👀
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Echophi : Investigate clearly in advance + multiple investment portfolios + be patient and calm
甜心0121 OP Echophi : Indeed