Goodby Oct and welcome Nov! ๐๐คฉ
This Oct has been good and managed to inch above S&P500 slightly. ๐๐
Overall what can i learn from Oct?
1. Trade/Invest in businesses you understand and are fundamentally very strong companies. as overtime they tend to perform better.
2. Keep to simple trading strategies that is easy to manage and works for you! for me what works best in Oct - Cash sercure puts CSP, Credit Spreads and covered calls. (If there are interest, i will share more on each strategy that i have modified to my style and risk levels)
3. Do not over optimize your positions. Let the winners run and cut losses fast and stick to the trading plan.
4. Invest in yourself! - Happy that i manged to read 5 books on trading and keep learning! Thats the key to become a better trader and investor!
So now looking forward to the last 2 trading months and our holiday trips! Hope to share more good news as we end the year! All the best everyone! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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2024H1 Moomoo Alchemist
Over 20 years in the financial industry and a self taught retail trader. Focusing on income and growth strategies! ๐
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DaffyDaDa : what US stocks do you trade in ?