10460HK wrote a note · Aug 10, 2024 21:22

[Recommended order of action for trading beginners]

[Recommended order of action for trading beginners]

Trading is important not only for winning, but how not to fail (not lose money) is important in trading. Therefore, I will write the recommended order of action that trading beginners should take. I hope you find it helpful.

① Develop a strategy that suits you.
People have all kinds of personalities. There is an unsuitable investment style. What kind of time frame do you want to trade (date trading, swing, medium to long term). There are people who are good at going forward, and there are also people who are good at going against each other. Also, there are people who place importance on technical analysis, and there are also people who place importance on fundamental analysis. (Of course, there are hybrids who place importance on both.)

Let's construct a strategy that seems to suit you by “buying such stocks (according to your own purchase conditions) here and selling them here (make profit/cut losses).”

② Use the demo trade function
The Moomoo Securities app has a demo trade function. First, let's test out the strategy constructed with ① by actively using demo trading. Also, psychological habituation is necessary for trading. Let's also objectively analyze what kind of mental state we are in. (greed, bullishness, impatience, calm, weakness, anxiety, fear) Also, let's look back on your own results (numbers) such as winning percentage, average profit, average loss, etc.

③ Trade for a small amount & trial and error
Once you get used to demo trading, let's actually trade for a small amount. Let's accumulate experience points through a trading experience where your assets realistically increase or decrease, which you can't enjoy with demo trading in ②. It is preferable to avoid full investment while you are inexperienced. If you suddenly end up for the first time with most of your investment funds, if a loss were to occur, you would take too many risks in order to recover that loss and get stuck in a quagmire. (Me too. (Wry laugh) Let's save up experience points for a small amount of money and do trial and error to see how to get better.

④ Gradually increase your investment capital
If the winning rate stabilizes with small-amount trades, and profits come out, let's gradually increase investment funds. Doing just because the amount of money to be handled has increased should itself be the same as ③.

How was it?
To sum it up
① Develop your own strategy
② Get used to it with a demo trade experience
③ Small trade & trial and error
④ Gradually increase your investment capital
That's the order.

This is the [recommended order of action for trading beginners].

If you haven't already opened an account with Moomoo Securities, we would appreciate it if you could apply from the link below. There are also advantages for referrals due to the campaign, so please consider it.

https://j.jp.moomoo.com/01cpd1

Of your trading life
I wish you good luck and success.

Toshi Wolf

*Please do not copy or use the content of this post.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

See Original

Report

39K Views

Comment

10460HK

米国株スイングトレーダー(兼業)。2021年2月からトレード開始。U.S. stock trader; began trading in February 2021.

Followers

Following

Visitors