What's ur main difficulty in trading?🤔
I guess for me is no confident.
(Basically emotional trader example)
Sometime even when I'd done my DYODD, I may uncontrollably questions myself.
Risk control maybe is one of the factors that affect my confidence in buying a stock.
This is why YOLO (You Only Live Once) may not be a bad thing if u have DYODD too
.
Something new, ppls tend to refuse accepting it / changes & continue to follow the traditional way.
Traditional ways are usually more secure but it tends to miss great opportunities that come with great rewards from high risk
.
"Great rewards usually come with high risk."
(Not sure if I get the quote right, whatever... u get the idea 💡
)
(Basically emotional trader example)
Sometime even when I'd done my DYODD, I may uncontrollably questions myself.
Risk control maybe is one of the factors that affect my confidence in buying a stock.
This is why YOLO (You Only Live Once) may not be a bad thing if u have DYODD too
Something new, ppls tend to refuse accepting it / changes & continue to follow the traditional way.
Traditional ways are usually more secure but it tends to miss great opportunities that come with great rewards from high risk
"Great rewards usually come with high risk."
(Not sure if I get the quote right, whatever... u get the idea 💡
Aside from the main reason is probably stingy mindset = timing market = wanna get stocks at the cheapest price, in which assuming it's the lowest TP? (Well, maybe we'll be less stingy if Moomoo gives us free non expiry stock vouchers regularly?
)
But can we really so accurately predict the lowest price?![]()
Of course... NO.
Of course... NO.
All in one, u do knows one thing. If u DYODD already, I think u can convince urself that u already done ✔ ur best if things go otherwise & it's not just pure luck if things go ur way
.
I'll say that it's something like for ur own responsibility & not just blaming on someone else when thing going other wise.
Just like 'God'
.
Bad things = blamed 'God'
Good things also blame 'God'
.
I'll say that it's something like for ur own responsibility & not just blaming on someone else when thing going other wise.
Just like 'God'
Bad things = blamed 'God'
Good things also blame 'God'
Majority of them is ur own actions 🎬.
Don't want DYODD but still want to invest blindly? = $SPDR S&P 500 ETF (SPY.US)$ (Backed by warrant buffett
words=Buy the index)
Me as a beginner period mistakes?
1. Never DYODD
2. Stubborn
3. Bias - Never make a wiser decision to follow a correct trend
(Actually never follows trend & instead go against the bull 🐂 = that's why a lost, at least for me as my beginner period)
4. Never know about ETF INDEX
5. Fails to accept mistakes & making good ammendments to them
6. Fails on being a robot 🤖
There are so many more
but whatever...
1. Never DYODD
2. Stubborn
3. Bias - Never make a wiser decision to follow a correct trend
4. Never know about ETF INDEX
5. Fails to accept mistakes & making good ammendments to them
6. Fails on being a robot 🤖
There are so many more
Majority ppls find it hard to accept the truth because it's cruel. But it's stupid to avoid the facts if it's presented 🎁 to u FOC. Analyse it & decide for urself
.
"There's only one truth - DC.
"
"There's only one truth - DC.
Hope u learned something from my mistakes ![]()
DYODD before investing![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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欢乐马77 : For me, no money.
Milk The Cow OP 欢乐马77 : Yar, that's a good reason too![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Milk The Cow OP 欢乐马77 : U know what Moomoo will likely to say?
never mind, we got low interest rate financing that's just for ur needs."
to leverage "if u do not know what u are doing"
.
"No
For me, say NO