A few years of experience in stock trading
We often say that trading stocks should follow the trend; it is easier to make money. But why are so many people buying popular stocks and losing money in the end?
In fact, great traders often discover stocks when they haven't become popular, or when they are just starting to rise, rather than wait until the whole street spreads their attention.
To make more money than others, you need to learn to predict the next trend, especially in a relatively easy market like Malaysian stocks, where predicting trends is actually not difficult.
If you have been trading Malaysian stocks for a long time, you will find that there is actually a rule in our stock market, that is, during a bull market, sectors usually rise in turns. For example, if industrial stocks rise, it may be the turn of construction stocks, then it will be the turn of building materials stocks, etc. Therefore, when a certain sector starts to skyrocket, we usually pay attention to the next sector in advance, rather than FOMO running to catch up and end up in the middle.
Another thing to note is that if most stocks in a certain sector are rising, only specific stocks are not rising, don't think about running to buy; don't expect a delay effect (Delay Effect). Not that 100% won't happen, but in most cases, the chance of losing money is relatively high.
By the way, industrial construction stocks have performed very well recently. If you missed this round of growth, I would advise you not to chase around; I'm already starting to keep an eye on the next sector. I saw that many individual stocks had good setups.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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