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$MYEG (0138.MY)$ those newbie, I'll offer the following word...

$MYEG (0138.MY)$ those newbie, I'll offer the following words:
1. Trust only your own analysis. Don't blindly follow what other ppl say.
when choosing your stock counters, the following must be checked :
- financials (topline, bottom line, debt, cash flow, Divident increasing ?)
- fundamentals ( past performance & future potential)
- daily trading volume
- TA
- short term & long term trendline
2. know that market is irrational from now till 1st week of Nov. trying to be logical in an irrational market is stressful. choose to zoom out and look at the bigger picture. trying to do day trading in an irrational market is suicidal.
3. Take some insurance. Buy in only when value buy. don't be greedy and jump in when the train is already moving fast. u don't know how irrational market is in the short term.
I'm feeling generous - I'll give one more tip. Only do Day Trade in consolidation zones. This way you can be consistent. Don't be greedy.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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