My Last Post - A Little Experiment - My Apology

When I began this channel, I aimed to blend fun with finance, because real finance is boring.

However, I'm changing the video format, more towards comedy over finance. Consequently, I'll cease posting on the moomoo platform as my content will no longer be relevant.

To be honest, my goal for this YouTube channel was to create a new revenue stream. Yet, I've learned that without paying to promote your videos, the YouTube algorithm, your video will be at the bottom of the iceberg unless they're sensational. Most viral financial gurus burn through their money to earn profits by selling their BS. They pay to promote their videos, selling courses that cost thousands of dollars.

It's so disgusting how many people's life savings they have ruined.

So here it is, in this final post, I want to share my perspective:

Trading isn't akin to an amusement park; it's mentally excruciating. To trade for a living, you need substantial capital, ranging from $300K to $1 million depending on where you reside.

It's a rigorous process that involves:

1. Assessing a company's predictability.
2. Decoding upcoming earnings.
3. Identifying catalysts for price movements.
4. Safeguarding your primary assets by aiming for delta neutral position.
5. Holding a trading timeframe of at least three months.
6. Determining the two standard deviations of price movements from potential events, an extremely challenging task.

Otherwise, it's like playing a losing game at a casino, where the rush of winning clouds judgment, convincing individuals they're on the right track, even when they're not.

I avoid technical analysis entirely. It's baffling how some staunchly believe in it simply because it's visually appealing. Some even use astrology for trading strategies, duh.

In my opinion, investing in S&P500 ETFs is a safer approach compared to physically holding gold (not futures, not CFDs, and not all of those gambling contract).

Lastly, I extend my gratitude to moomoo for the posting opportunity. Wishing everyone a happy Sunday and a continuous journey of learning, bye.