I also can 🚀
I'm new to MooMoo and it kinda blows my mind that the platform comes with so much information and knowledge!
I've seen many sharing their P&L and some of the gains are astonishing! I really hope I can find one ticker that can multiply my capital.
My first pot of gold is very unfortunate and unusual. It was a $50,000 claim for loss of eyesight in 1 eye. I came from the construction industry and I can't work anymore as my eyes don't allow me too. This loss impacted me permanently and many opportunities are off the shelves now.
I have 2 young and 2 olds to support, but knowing the fact that I can't do that anymore drove me into severe depression.
Personally, I'd like to invest in $Futu Holdings Ltd (FUTU.US)$ and $Sea (SE.US)$ for growth stocks. I'm also considering a smaller amount for high risk penny stocks such as $MicroCloud Hologram (HOLO.US)$ , $Faraday Future Intelligent Electric Inc. (FFIE.US)$ $Mullen Automotive (MULN.US)$ .
#Can? Can laaaah! Moomoo-ers that are more well-versed & experienced, what do you think of my picks?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
NercZ24 : depends what your trying to accomplish
Bigmoney Dreamer : Feeling depressed is temporary not disease my friend our mind and body can overcome any chaotic situations …invest/trade wisely very small steps at a time focusing on learning how to invest/trade and keep tracking profits or losses not hoping for profits save your money try to keep risk at minimal you will get better over time
BMW525I OP : @NercZ24 To be honest, I would like to make enough to sustain the basic necessities for the family and probably looking at an "unrealistic" 10-15% gain a month. I know it's not usually possible, and penny stocks have every opportunity to lose all of my capital.
@Meticulous Trader Thank you for the encouragement and motivation. I like your status and mindset to only buy something if it is profitable. Do you mind sharing your knowledge? You trade options mostly?
Tonyco : I had to quit my job to care for my daughter after our plans fell through and daycare was 1.5x more than I made per month. Started with $10, up to $2,500 now.
Don't fall into the meme pennystocks trap. FFIE is not looking good. Mullen Auto has problems with the CEO? There's controversy there. HOLO is a gamble. Don't put more than you can lose there.
FUTU is a great company and product ( obv ), however, they suffer from the US's stupid crusade against China, so be careful of irrational sell-off.
SE is OK, but again, they are hindered by anti-Asian market sentiments.
Until that nonsense dies out, perhaps you would be interested in $Interactive Brokers (IBKR.US)$ , or $Robinhood (HOOD.US)$
Other powerful growing companies are $Dave Inc (DAVE.US)$ , $First Solar (FSLR.US)$ , $NVIDIA (NVDA.US)$
Be sure to research, or it's gambling. 10-15% monthly gains are absolutely doable. I'm at approximately +35%/month, or +326% annually. My goal is 100k in 2 years. Diversification is key. For me, 30% solid growth stocks 30% speculative and 30% crypto with 10% in pennies is my distribution.
Tonyco Tonyco : For example, $GameStop (GME.US)$ might get you a good return, or you could end up buying the tip and sitting at a loss for months tying up your capital waiting for the next meme pump (which may never happen)
BMW525I OP : @Tonyco Wow. I realize whatever you said is what I'm trying to achieve. Yes, definitely you're right. I avoided $Mullen Automotive (MULN.US)$ because it just sucks, not sure what is the whole issue but before and after the 50 to 1 reverse split, it's always going downwards. $Faraday Future Intelligent Electric Inc. (FFIE.US)$ seems to receive lots of attention before on WSB and $MicroCloud Hologram (HOLO.US)$ I have no idea why people are suggesting countries politics.
I'm thinking of leveraging options by buying both the calls and puts with the same expiry on $Trump Media & Technology (DJT.US)$ and $MARA Holdings (MARA.US)$ . However, I've not traded options before.. so I'm not sure if it's feasible. I only thought of this while reading Moomoo's tutorial for options. what do you think?
乘風起扶搖上 Tonyco : You are very good, have a clear analysis, can I often share what stocks you buy and how often to buy or sell. I will follow your dynamics
Ultratech : if I could start with that much money id put into $Berkshire Hathaway-A (BRK.A.US)$ the rest into $SPDR S&P 500 ETF (SPY.US)$. and do not sell those positions ever Just wait and you'll be able to add more as margin increases. it really is better to keep 50k in your bank and only buy here and there on red days probably after September
NercZ24 BMW525I OP : make enough how? like dividends or buy sell strat?
NercZ24 Tonyco : I like this guy's man he knows his stuff
View more comments...