TSLA
Tesla
-- 431.660 NVDA
NVIDIA
-- 137.010 RGTI
Rigetti Computing
-- 17.0800 PLTR
Palantir
-- 79.080 LAES
SEALSQ Corp
-- 9.080 How to earn money from the share market: pick the right stocks at the right time
Hey mooers ![]()
![]()
![]()
, last week I shared trends&moving averages with you ![]()
![]()
![]()
, ![]()
click here to review it![]()
, and today, let's see how to pick the right stocks at the right time ![]()
![]()
![]()
.
Firstly, smart stock-pickers have three big things in common: ![]()
![]()
![]()
To trade what you know ![]()
Once you get a sense of the companies and industries that may present trading opportunities, it's time to build your own "control panel" of stocks.
With moomoo, you can start by adding company names into the Watchlist, then you can pull up quotes, set alerts, and check the calendar for any company actions such as earnings. Under the News tab, you can scan the daily headlines and hot spots. And under the Explore tab, there's a whole host of functions to help you narrow your search. ![]()
![]()
![]()
To get a sense of momentum and other technical indicators ![]()
Getting educated on a stock's fundamentals, such as revenue, earnings or losses per share, price-to-earnings ratios, and other metrics, is just one step in formulating a stock trading strategy. Once you identify a potential market or stock to trade, you'll need more information. Historical stock performance is an important thing to check. How has this stock performed over the last week, last month, and last year? For example, is the stock near its 52-week high or 52-week low? Is the stock's price diverging from its industry peers or the broader market? ![]()
![]()
![]()
Of course, past performance is not an indicator of future results, but brushing up on your history can't hurt. ![]()
![]()
![]()
Momentum indicators, for example, are among the technical tools that incorporate trading volume and other factors to measure how quickly a stock price has been moving up or down and the likelihood it may continue going that direction. When markets are in the process of changing direction, momentum readings often "diverge," flattening out or turning the opposite way (check out my column of MACD divergence! ![]()
![]()
![]()
).
To keep your eyes open ![]()
It's vital to keep up with market news and opinions. Reading the financial news and keeping up with industry blogs by writers whose views interest you is a form of passive research. The underlying argument can be a common-sense observation. For example, you might note that the emerging markets nations are producing new middle classes made up of people who demand a greater variety of consumer goods. As a result, there will be a surge in demand for certain products and commodities. ![]()
![]()
![]()
Taking the argument a step further, the investor can deduce that with an increase in the demand for a product, some producers of that product will prosper. This type of basic analysis forms the "story" behind the investment, which justifies purchasing a stock. ![]()
![]()
![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
iSpyderTrader : Thank you so much for the information. Yes, as an investor I agree that you have to keep up with the news and take profits before the stocks gap down. You would only know that by reading the Technical details from each stock and news. History will help you understand what the stock may be doing next. Happy Trading!!!
e13v3n : very helpful
pistol bluff : Thank You. I lose focus Sometimes. That helped put things in perspective again.
Punnara : Thank you
iSpyderTrader Punnara :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
gnossor :
102751763 Lina : Gd
edamera :
Koolgal : Thanks for the great tips.
honest Jellyfish : Thank you
View more comments...