๐ฅ๐ฅCould be better in the 1H 2024! ๐ฅ๐ฅ๐๐
Second half of the year 2024 is an exciting times with AI and stock concentration. (possibly a $Cisco(CSCO.US$ crash? ![]()
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). This is my story of why I believe it could be better. ![]()
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Although I am under performing I'm still proud of it. I believe it will outperform in the future. ๐ฎ
To date: under performing for several reasons. Study of the story below. ๐๐๐๐๐๐๐
Here are the highlight results from March till Juneย :
Early of March I was in doubt with moomoo as a platform so there was no trading there. ![]()
As of April. That was the start of the trade made a loss ![]()
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for several reasons:
1. Warming up to the system getting around and to know where to find the indicators, the community and the learning. March is a learning phase for me. ![]()
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2. Blundered on shares I am familiar with. I am a value investor and at that time I was not aware of the AI movment decided to stick to consumer discretionary companies such as Targetsย and Pepsi ๐ฏ What raised my eyebrow was my old investment bank account on Qualcomm ![]()
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Month of May: Thanks moomoo for the free shares ![]()
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After several convincing from Moomoo. I had decided to move my funds from my investment account to moomoo and start trading for reasons of low commission ![]()
which gives the opportunity to trade! ![]()
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So strap in! ![]()
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June big win! ![]()
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๐and small loss at the same time ![]()
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What i learned in June is that in order to maximise on returns, you need not only the fundamentals ![]()
but technical analysis too. ![]()
Here is my story for the month of June. Let's go! ๐ ๐ ๐ ๐
Tesla is my training ground where I am learning several indicators. VOL and Candlestick. If the volume is low and candlestick is high. It is likely a pullback. If the volume is high and the candlestick is low it is likely a reversal.
Theory of buy on the rumours and sell in the news. The biggest win for me in Tesla was in the fear of Elon Musk $56 Bil compensation plan that was the time I decide to enter and sell it once the news of it saying it approved (I am confident at that time it will work out ![]()
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This was a wild one! ![]()
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What I had learnt here is about greed and fear. Warren Buffett principle of "be greedy when Everyone is fearful and be fearful when everyone is greedy"
Each time I hear good news it is time to sell! Each time I hear fear, it is time to buy.
Sorry community if I used you because this is my sentiments towards the stock. ![]()
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I am really playing contrarian theory here.
NVDA is a mixed bag for me. What i Belive here is that NVDA will be the leader of AI hardware development and will be the lead to be a 5T market cap in theย future ๐ฎ.
However, current sentiments are looming that this business will probably be in a bubble ![]()
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Strategy here is to keep and trade. Thread lightly and buy the dip! And Sell in the news!
Most of the time, I will be holding on to the stock and if there is a scalping opportunity I will sell and buy back later.
I am entirely focusing on Fundamentals here as there is no volume and there is no concern to trade.
Since I am in the line of understanding the F&B industry what is my conviction of buying this stock ๐ฐ๐ฐ:
1. No long term debts ๐ฐ
2. High grown rate ๐๐
3. Only 5% of the energy drink industry and counting into Europe and Asia market
What causes the bearish ๐ป sentiment:
1. Slow growth of the quarter.
2. Huge stockpile in Pepsi warehouse.
3. Low CPI data that lead to low demand.
Ultimately when there are some good news in the market, It is about to outperform my entire portfolio ๐๐๐๐
The Lesson
Ultimately what I had learnt for the first half.
The sage such as Peter Lynch and Warren Buffett philosophy holds true and I will stick to those principles.
Learn to hedge by reducing the loss and get more gains.
I will end here with 2 quotes from my favourite market Philosopher
"The best investment is to invest in yourself, the more you learn, the more you Earn! ๐ฐ๐ฐ" ~Warren Buffett~
"The real key to making money in the stock is not to get scared![]()
out of them." ~Peter Lynch~
Wishing Everyone all the best in your trading and investment journey.
May you go ape strong ๐ช ๐ฆ๐ฆ in convicted stocks and may the odds ever be in your favour in trades ![]()
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Updates : Earlier mentioned that I am under performing the market. Due to consolidation with what I had hedged and the strategy of reducing loss and maximise gains. I am proud to say I am actually in line with the market after MM updated my port ![]()
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I am now more encouraged thanks Moomoo ![]()
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Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Casual social trader and investor. Love to read charts for trade and love to read financial report to invest.
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little sand : Nice work.
Very cute emoticons.
้ฟ้บฅ : Good job and thanks for the sharing. Keep it up
Investing with AaronOP : Some updates. Votes for industrial sectors or continue threading in AI. If is other sectors, which would you look into. Leave it in the comments below.
Investing with AaronOP : Updates : Earlier mentioned that I am under performing the market. Due to consolidation with what I had hedged and the strategy of reducing loss and maximise gains. I am proud to say I am actually in line with the market after MM updated my port
Pinkiii : Thanks Aaron for sharing this
Investing with AaronOP Pinkiii: Most welcome. Would you be looking into other sectors or AI in 2nd half?
liquidgold Investing with AaronOP: Superb. Were you buying fractional or full share to get this result? What was your starting capital?
Investing with AaronOP : Initially 2k usd each month add in 2k usd and now is a 8k port no fractional shares is not worth my value. I'd prefer to go for the kill.