My rules for investing in individual stocks
investment style
swing trade! I can't stick around and watch scalping or day trading, and in the case of long-term investments, indices are superior
Terms of purchase
A buy order is placed after confirming the upward trend above the 25-day moving average. Don't aim for the Golden Cross! Don't target stocks where moving averages don't work.
Terms of sale
In the case of a loss cut, the loss is cut when it falls to the previous trough. Buy and cut losses at the same time.
When the uptrend ends and the 25-day moving average dead-crosses, a sell order is placed. When selling, be aware of moving averages. If it's a dead cross but it quickly becomes an upward trend, it's scary to miss the timing when it's OK to buy again at that time!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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