American stock simulation trading review (10.16-10.19): 20 hot trades in 3 days, with only 1.68% profit!
Last week, trying to achieve good results in a short period, high-volatility stocks every night ( $Bright Minds Biosciences (DRUG.US)$ 、 $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ 、 $Fangdd Network (DUO.US)$ 、 $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ 、 $Direxion Daily 20+ Year Treasury Bull 3X Shares ETF (TMF.US)$ 、 $NVIDIA (NVDA.US)$ I frequently trade stocks (etc.), and also tried shorting, the profit was okay, feeling well (laughs). I really felt the difficulty of day trading... It was truly exciting!
Discoveries and feelings I personally found important:
If you aim for profit with volatile stocks, it might be good to utilize moomoo's stock monitoring feature. (Generally, they move up and down every night, so there might be some small profit opportunities, but you need to keep a close eye on them.)
If you aim for profit with volatile stocks, it might be good to utilize moomoo's stock monitoring feature. (Generally, they move up and down every night, so there might be some small profit opportunities, but you need to keep a close eye on them.)
For volatile stocks, it's best to sell them within the same day without holding them overnight! At the moment, the simulated trading function does not support trading in the morning or afternoon session, so they often make big moves the next day.
I don't feel like doing short-term trades this week and find long-term investment more enjoyable, feeling like I could potentially make more profit.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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