Wishing all Moomooers a very happy prosperous Chinese New Year with a lot of fish and fish and stocks with a lot of fish!!!
There are different kinds of losses and my reaction to each of them would be different. Sometimes losses are due to random fluctuations in the market (perhaps there was a market wide correction, or a rumour in the news that may or may not be true). In this case, nothing has changed regarding my view towards the stock. Hence holding it would be the decision to take. On the other hand, if the losses were due to a significant change in the company, e.g. m...
Investing and gambling are two different things. Investments have a specific aim and goal in mind. What is the point of my investment? is it for wealth building, or to save up for a big money purchase? Or maybe it’s for retirement planning. Investments have a sound structural and fundamental framework underlying it. How do I want to invest? How much do I want to invest? Many would consider dollar cost averaging. What should I invest in? This can range from investing in indiv...
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We easily trade when the money is not our’s. Paper trading? No problem. The issue arises when real money is involved, and we question ourselves because we inherently do not trust our trading strategy even when it might be correct. So start with small amounts of money, and make yourself comfortable trading with that, then work with what you have.
it’s been a year full of ups and downs and I’ve come to appreciate being consistent and resilient with my trading strategies. Services and features I hope Moomoo provides next year would include more technical tools for charts and free market data for US stocks for FutuOpenD. Wishing all out there a Merry Christmas and Happy New Year.
$Tesla (TSLA.US)$ tesla to the moon!! 🚀🚀🚀
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