i bought $NIO Inc (NIO.US)$ and at what I thought was their...
at what I thought was their deep. But anyway it was not .... and the price went down dramatically. I look at the progress and growth of the company, it's good and I averaged down. And my 💰 is stuck . I then decided to sell at loss and buy other trending stock like energy related stock, investment in fund and buy etf after reading cmt of other Moomoo fellows, that "paper loss still a loss. Just cut loss and make other investment work for you". Well, it work for me thought.
At the current world economic and political situation, set a stop loss will probably a good strategy to do so. The market is full of opportunities. I'm very thankful that Futu offers a variety investment products and promotions so I can diverse my investment portfolio. Also thanks to fellow Moomoo for their sharing.
At the current world economic and political situation, set a stop loss will probably a good strategy to do so. The market is full of opportunities. I'm very thankful that Futu offers a variety investment products and promotions so I can diverse my investment portfolio. Also thanks to fellow Moomoo for their sharing.
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bullrider_21 : You did the right thing. Cut your losers early and buy winners. Nio is a good stock but has a high valuation. OxPay is just going downhill.
7-boy OP bullrider_21 : I've followed you recently. Thanks to your analysis, I managed to make profit on oil stocks.
bullrider_21 : You're welcome. Glad I could help. You need to buy the right stocks at the right time.