2021 in Review: My Investing Journey Forges Ahead
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My investment growth journey in 2021.
The smallest me has big dreams!In 2021, I officially joined moomoo.Confused and clueless, I tried to make my first pot of gold in the stock market. Through ups and downs, falling and rising again, constantly trying and making efforts to learn new knowledge, looking forward to achieving a better self!👉moomoo is a great software:1. Through it, I have learned a lot of very useful new knowledge about stock trading, thank you. @moomoo Courses2. Often organizing different activities and competitions, sharing different knowledge and enabling us to continuously grow. By participating in activities, I have gained many surprises, improved myself, and have the chance to win rewards, thank you. @moomoo Event @moomoo Rewards @PaperTradingOfficial @Popular on moomoo @Meta Moo @Moomoo Breakfast @Moomoo Recap @Investing with moomoo @In One Chart @Movers and Shakers @moo_Live @The Boxing Ring3. There are many great tools, through continuous exploration and familiarization with moomoo functions, trading can become very simple. 👉Holdings statisticsAmazing trading volume of super retail investors!Currently, I hold over 150 stocks and have traded over 200 times (with multiple positions added in between). Because I didn't have much initial capital, I started by buying small amounts of multiple low-priced stocks. Inexperienced, I mistakenly thought that as long as I bought low-priced stocks (near their yearly lows) and waited for a rebound, I would definitely make a big profit. However, the reality is not so. Using the DCA strategy, diversifying the investment methods seems to have had no effect (actually, it was a wrong method 🙅♂️), but instead caused my funds to be continuously trapped, and most of the stocks I bought are still falling. Fortunately, a few trades have made profits and exited. 👉 What have I learned from trading1. Wrong choicesAvoid trading in Chinese concept stocks. I learned a painful lesson from investing in Chinese concept stocks. The China-US trade war has made Chinese concept stocks quite fragile in the US stock market. The withdrawal of Chinese ride-hailing giant Didi Chuxing from the US and its listing in Hong Kong has disrupted the market, and the wave of delistings of Chinese concept stocks is on the rise amid the struggle between China and the US regulators. Chinese concept stocks that have access to large-scale consumer data also face delisting risks in the future. At the same time, Didi's delisting move has also convinced the market that China's industry regulation of technology stocks is still ongoing, and the return of leading internet companies listed in the US is the trend. Chinese concept stocks face increasing regulatory challenges from both the US and Chinese authorities. For most companies, it's like walking on eggshells and trying to please both sides. Delisting will only make things simpler. In the future, I will no longer consider trading Chinese concept stocks.$DouYu (DOYU.US)$ $Energy Monster (EM.US)$ $Pop Culture (CPOP.US)$ $Tian Ruixiang (TIRX.US)$ $DiDi Global (Delisted) (DIDI.US)$ How to choose individual stocksBecause I don't have much initial capital, I mostly trade low-priced stocks, ignoring the fundamentals of stocks, such as market cap, profit and loss, etc. In the future, I will focus more on other aspects when choosing stocks.This is a post I previously published:https://www.moomoo.com/hans/community/feed/107420373680134?lang_code=0Trading guidelines/strategies👍 In the future, I tend to trade individual stocks more than index tradingContinuously try and learn from it, looking for feasible solutions to establish their own trading portfolio, I consider learning from the stock god Buffett. Based on previous experience, I found that stocks that do not rise or even fall when the index rises, and when the market rebounds after a decline, they not only do not rebound but also fall even more. On the contrary, stocks that perform better than the market when the index rises tend to show relatively better resilience when the market corrects. Choose stocks with strong fundamentals, they tend to fall less in the face of severe market volatility, and they quickly recover when they rise.$Apple (AAPL.US)$A good example.https://www.moomoo.com/hans/news/post/6932418?src=3&report_type=market&report_id=568409&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WwogIDEwMDgKXQ==&level=1&data_ticket=16383297739054853. Diversify your investment portfolio.In the future, consider buying ETFs and learning investment concepts from some investment institutions. Here are some posts I've previously shared:https://www.moomoo.com/hans/community/feed/107426476982278?lang_code=04. Reviewing stock trades.To be honest, when it comes to reviewing stock trades, it is not only limited to experts, but also a necessary practice for anyone who wants to be a successful investor. The biggest advantage of reviewing trades is that it allows us to continuously gain experience, which enables us to make better decisions in the constantly changing stock market.5. Only invest the amount of risk you can afford, and I only invest funds within my personal acceptable range.When investing, you must be mentally prepared and have a plan for the best and worst outcomes. Making money is definitely a happy thing, but when you experience losses, you have to bear immense inner pressure, which is not easy at all. Control and understand how much risk you can afford. If your investment unexpectedly fails, you won't undergo too much change. Of course, making money is the best!👉Looking ahead to the futureI will gradually close out profitable positions and do thorough research before buying the next stock. There is so much to learn, and I will learn from my mistakes, continuously trying. I hope to end the loss and start making a profit next year. I don't expect to get rich overnight, I just hope for steady success.I also plan to invest in some of Warren Buffett's projects: $Berkshire Hathaway-A (BRK.A.US)$ $Berkshire Hathaway-B (BRK.B.US)$ $Warren Buffett Portfolio (LIST2999.US)$ $Apple (AAPL.US)$ $Bank of America (BAC.US)$ $American Express (AXP.US)$ $Coca-Cola (KO.US)$ $The Kraft Heinz (KHC.US)$ $Royalty Pharma (RPRX.US)$ $Floor & Decor (FND.US)$ $Chevron (CVX.US)$ $General Motors (GM.US)$ $Teva Pharmaceutical Industries (TEVA.US)$ 👉https://www.moomoo.com/hans/news/post/7182898?src=3&report_type=market&report_id=570621&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list&skintype=3&main_broker=WwogIDEwMDgKXQ==&level=1&data_ticket=1639926069628354👉https://news.futunn.com/post/11206454?level=1&data_ticket=b2da89f3174162804021fdbcb7d2d452
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coolers : So did you buy this stock ?
steady Pom pipi OP coolers : There are no funds
steady Pom pipi OP steady Pom pipi OP : https://www.moomoo.com/hans/community/feed/107485165649926?lang_code=0
Peter YCS : I am a new hand, I joined Futu, I was able to help the Futu to stop, I couldn't tell you, I couldn't stop, I just couldn't stop, I only had a lot of money, I was going to get a lot of it, I was going to get my hands on the ball, I was going to get to the fire, to get to me., real person xyz
Moomoo Lily Peter YCS : Hello, I have forwarded your question to the responsible colleague for follow-up. Please pay attention to the information notice. I'm sorry for the inconvenience
steady Pom pipi OP Peter YCS : Wow, novices don't rush to trade.
steady Pom pipi OP steady Pom pipi OP : Simulated transaction
Peter YCS Moomoo Lily : Please be a little difficult, you kick me like a ball, after the last time to find you, it is as difficult as landing on the moon, all the information is English translation platform can not be translated
Peter YCS : Every transaction fee is not cheap, is it?
Peter YCS Moomoo Lily : Money has lost money, it is the same whether to say it or not, the loss is too bad (it will not stop the loss, please it is very difficult) it is useless to be sorry. Just get to know you Chinese...
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