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People are sharing their Daily Profit & Loss in moomoo community:...

Recently, I have seen many people buying a lot of hot American stocks, but in the end, they have lost more than they have earned.
Why is that?
Most people are driven by greed and are unwilling to take profit. They believe that as long as they Hodl for a long time, they can earn more. But you must know that not every stock is like AMC, GME, or Tesla. We must choose the right time to take profit. For some people, taking profit is really difficult. But you need to know that we trade stocks to make money, and making big money is definitely the happiest. But who can guarantee that every time you make big money instead of losing big money?
My trading strategy is very simple, the main purpose is to allow you to take profit and set stop loss effectively. Many people may think that my trading strategy can only bring you 1-5 points of profit each trading day. But there is something called "compound interest". As a smart trader, we must have this "compound interest" mindset. Let's say, for example, I made 50% profit in a hot stock one day, but then lost 70% because of being cut by the market maker. In this case, not only did we not make a profit, but we also lost our capital. On the other hand, if we make 1-5 points of profit every day and continue to reinvest the earned money in the market, we can keep earning, and this way, our profits will definitely be more objective.
In summary, as long as we are not greedy, we will not be harvested by market makers. I have been involved in the stock market for several years and paid a lot of tuition fees to market makers. I do have some experience, and in the future, I will publish more works on technical analysis for you. But the main purpose is to hope that those who follow me can make money.