i began using moomoo a few months ago. I’m new to investing ...
i began using moomoo a few months ago. I’m new to investing but utlized the papertrade feature to get a feel for things. Keeping an eye on whats hot on the market and analyzing the graphs for both monthly and yearly, this has helped me make choices for short term trades and long holds.
i saw a profit for $NVIDIA(NVDA.US$ and keep reading the reports. Right before the stock split, I sold off the majority of my shares, knowing it was going to take a hit.
I then allocated my funds to other stocks like Apple and Tesla. Apple was stable for the most part but Tesla seemed too volatile so I didnt park too much in it.
After Nvidia plummeted, my main profit maker was Apple and $Whirlpool(WHR.US$ . $PNC Financial Services(PNC.US$ also did surprisingly well.
To sum up my trading strategy: I look at the market tend and graphs to determine how well a stock does overall. I read about any issues or competitors so I can ajust accordingly.
So far, things have worked out. I’m not a genius investor but, knowing how to track a graph and read a report have been the biggest help.
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Simon 5183 : $NVIDIA (NVDA.US)$Just before the stock split, I knew the stock would take a hit, so I sold most of it. After the split, the stock price rose to an all-time high of 140.76. Moomoo's analysis data is just nonsense
Silas Leone OP Simon 5183 : I sold before the all-time high, still made profit and am fine with that. I did get screwed with the GameStop dip when it was $28 a share then dropped to 16.