Mooer's Stories | Be friends with the market volatility

Hi, mooers. Welcome back to Mooers' Stories, where we present mooers' insights and experiences from our community. 🎤

It got me thinking about the stock market when the GFC (global financial crisis) happened, which is about 2009, and got me wanting to learn about why stocks behaved differently at that period.

I believe initially my interest is the same as everyone else, which is the ability to provide one with freedom, not only financial freedom but emotional freedom if one makes it to the top.

Aggressive (I’m working on how to be less aggressive).

Swing trade for the stock market.

Market volatility is only good if you know how to be friends with it. When it comes to market volatility, if you have cash that you are ready to deploy into the market at the right time, then you can find assets at very reasonable prices when it comes to the door.

Of course, high returns come with high risks. But if we want to survive through the volatility in the longer term, we need to adjust our size and trade responsibly. This is by staying invested for the long term and following asset allocation, one can ride out short term fluctuations and benefit from overall market growth. Of course patience and discipline are the key during such volatile times.

Of course. High risk means high return. But if we want to survive in the longer term, we need to adjust our size and trade responsibly. This is by staying invested for the long term and following asset allocation, one can ride out short term fluctuations and benefit from overall market growth. Of course patience and discipline are the key during such volatile times.

The first trade I did with moomoo which I remember strongly would be the NASDAQ ETF call option, which was right after the recent bigger market correction at the beginning of AUG 2024. The market pulled back from the bottom into important resistance. Most of the other people were saying it will test the recent low from here, but I had the feeling it should go up more by pushing out the recent short seller on 14/08 by buying a call option on that day expiring next day (shorter time period = higher profit expectation but of course comes with higher risk, only do it when you have a strong feeling of what’s coming).

Trend-following strategy. Try to follow the broader market sentiment.

Check the popular stock list, and follow the leader and wait for the pullback before getting in.

The most challenging moments would definitely be waking up in the middle of the night trying to watch the US market opening and again at the closing to see what was happening.

By having a plan and sticking to it as best as possible really helped a lot to ease the process.

Learning about fundamental and technical analysis really helped me.

Moving averages, they are the main indicators I use to identify trends. In the end, trends are our friends, aren't they?

When you believe you’re right and have a plan in place, you need to sit tight and stick to your plan, even when everything outside tells you’re wrong.

Main difference of course would be mental psychology. From the competition, I know my strategy works, but just need to find a way to incorporate it into my own psychological mindset.            

Very easy to use platform, especially on phones and tablets. Very detailed analyst covering not only stocks in AU, but other countries especially US as well.

I would love to see more competitions, but at the same time with better navigation inside the competition pages to find stocks and see charts etc.

Most challenging in investing would be learning how to be at peace with oneself. Because in investing, no one can win 100% of the time, so when the bad time comes, we have to stop trading, and go do things that we enjoy.

Take your time about trading and do more of the other things you enjoy along the journey.

As the old saying goes: ‘A journey of a thousand miles begins with a single step’. Which I believe also continues with many many single steps.

Just in case you didn't know, you can also be the one to tell the story! Interested? Comment below to let us know! We'll reach out to you as soon as possible!

Thanks for your time. See you next time!