SMR555 wrote a post · Aug 3, 2022 22:07

Investor OR Trader

Just share my thought from a newbie.
I signed up Moomoo account on 21/7/22 want to try my luck in SG or US market and hopefully can generate “wealth” like a moomoo, we can suck the milk .

Then start with the journey buying cow upss $Alibaba(BABA.US)$ on 21/7 after check the financial (good i believed), PE/PS/PB also still below average sector. Okay buy it, and also on 22/7 and confidence arise when see little increase “hope can drink a fresh milk” .

I don’t have time to watch the app and usually I will leave it after place order to buy or sell. Then will open it in the morning before 8-5job started
In the morning on 29 (trading 28/7) when opened the app, why my cow bleeding from green turn into red OH NOO… I tried to find what is going on, the FS and other indicators still on track (i guess), but there is negative rumour that $Alibaba(BABA.US)$ will be delisted drom $NYSE(NYSE.US)$ oh Nooo…
But again, I will not sell it (cut loss) I believe will bounch back to the right track .
BUT next day trading 29/7 also even worst, more negatives rumours or “information” come again and again.
I need to decide now cut loss (sell it) or hold it…… then the voice inside me said why do you fear if you think the cow still live and you think can live longer and healthy fat and can produce milk why you worry with little sick symptoms (just to make ease my soul from weary and fear ).

And the hope arise, on 1/8 starting the fight back, next day 2/8 more buying power and 3/8 even more power leh…

Well, the journey is still long way to go…who knows? sometimes good cow can die if get wrong treatment and also bad cow can survive with pumping hopes…
But in the chart above is Daily Chart that shows indication for getting better, BUT again if you see “Chart by minutes on 3/8” that may not be good :

at the end of the trading day ”trader” heavily sell the cows. All indivators are negatives as you see clearly.

What I should do?
Want to pretend as an Investor or a Trader … I also don’t know leeh

Just 2 cents from me, if anyone want to correct me please will be greatly appreciated.

Have a blessed day moooooooers

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SMR555

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