MiloDinosaur
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$SIA (C6L.SG)$ $Genting Sing (G13.SG)$ $FTSE Singapore Straits Time Index (.STI.SG)$
This is an unsolicited article.
I have observed that most traders on the internet like to buy in when prices fall, which can lower their average price. This method is actually a commonly used trading method called dollar-cost averaging (DCA). However, almost all traders who unintentionally use this method make a fatal mistake: they have no profit target and stop loss target.
The result of this mistake is definitely: You won a cup of coffee but you lost a coffee shop.
Because first of all, most people's judgment of "dip" is often based on subjective awareness, with almost no indicators to assist in judgment, that is, "I think it's cheap now, I should buy some". So it is very difficult to determine the success rate of this method, and traders do not have a specific idea whether they are really buying cheap or buying at the highest price.
So someone might say, "As long as I keep buying cheap, my average..."
This is an unsolicited article.
I have observed that most traders on the internet like to buy in when prices fall, which can lower their average price. This method is actually a commonly used trading method called dollar-cost averaging (DCA). However, almost all traders who unintentionally use this method make a fatal mistake: they have no profit target and stop loss target.
The result of this mistake is definitely: You won a cup of coffee but you lost a coffee shop.
Because first of all, most people's judgment of "dip" is often based on subjective awareness, with almost no indicators to assist in judgment, that is, "I think it's cheap now, I should buy some". So it is very difficult to determine the success rate of this method, and traders do not have a specific idea whether they are really buying cheap or buying at the highest price.
So someone might say, "As long as I keep buying cheap, my average..."
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MiloDinosaur
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$SIA (C6L.SG)$ I think everyone has a different definition and means of dealing with the rise of the stock market. Sudden surge is not necessarily a good thing, after all, a high probability of chasing is very high, a fall does not necessarily mean failure, and it can be a good opportunity to build a position. It can be a disaster for short term trading, but for long term trading it is just a good opportunity for an increase. So look at what class you belong to and follow your trading strategy and manage your own tolerable risks.
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MiloDinosaur
voted
Good day mooers!
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
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Singapore's non-oil domestic exports (NODX) fell 14.7% in May, a steeper decline than April's contraction of 9.8%, marking the eighth consecutive month of shrinking key exports. Both electronic ...
Welcome to StockTalk: Daily, Insightfully, Rewardingly!
[Rewards awaiting]
8 points for all mooers who participated in the poll below.
88 points for mooers who share their insightful ideas by commenting down.
Singapore's non-oil domestic exports (NODX) fell 14.7% in May, a steeper decline than April's contraction of 9.8%, marking the eighth consecutive month of shrinking key exports. Both electronic ...
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MiloDinosaur
voted
Microsoft (MSFT): 11% upside!
CFRA recently raised its price target for $Microsoft (MSFT.US)$ to $330, which would still leave 11% upside at the current share price of $295.37.
The agency believes that MSFT reported EPS of $2.45 for the third quarter ended March 31, above its consensus of $2.22. Revenue growth of 7% (10% ex-exchange) was higher than its forecast of 3%, supported by commerc...
CFRA recently raised its price target for $Microsoft (MSFT.US)$ to $330, which would still leave 11% upside at the current share price of $295.37.
The agency believes that MSFT reported EPS of $2.45 for the third quarter ended March 31, above its consensus of $2.22. Revenue growth of 7% (10% ex-exchange) was higher than its forecast of 3%, supported by commerc...
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MiloDinosaur
liked
$SIA(C6L.SG)$ hope hit $6 this week
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MiloDinosaur
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@moomoo Rewards
I kindly request moomoo to provide more useful rewards for us to redeem using points. Now its all just figurines. There are masks (not needed anymore) and airpods cover(not everyone have airpod).
Just like someone mentioned earlier it will be better if there are more useful things in the rewards than figurines. Currently I have lots of points but not redeeming it because of this reason. Also its been very long since any new reward ...
I kindly request moomoo to provide more useful rewards for us to redeem using points. Now its all just figurines. There are masks (not needed anymore) and airpods cover(not everyone have airpod).
Just like someone mentioned earlier it will be better if there are more useful things in the rewards than figurines. Currently I have lots of points but not redeeming it because of this reason. Also its been very long since any new reward ...
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MiloDinosaur
liked
$DBS Group Holdings (D05.SG)$ doesn't matter up or down.holding for 10 years already.Divd play... don't be a 'trader' be an investor.
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MiloDinosaur
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