M1314
liked
M1314
liked
$SIA(C6L.SG$ more to expect once travel open up.
16
1
M1314
liked and commented on
22
7
M1314
liked
Welcome to "Mooers' Stories" again! It's lovely to see you here!
Beginner's luck is a commonly seen phenomenon in many chance events. Many people make money during their first days, weeks, or even months in trading.
Some believe that beginner's luck does exist because people tend to be more cautious when they have insufficient information.
Others believe that luck is nonsense in trading and can never be counted on.
Do you believe in beginner's luck? Did you have beginner's luck when you first started trading? How was your first trade? What do you think of the role of "luck" in trading?
Share with us your ideas and win rewards by joining our discussion "Did you have beginner's luck when you first started trading?"
Let's first find out what people say about beginner's luck.
Yes, fingers crossed. Luck plays a role in trading, especially for beginners.
Some believe that beginner's luck is real because it is founded on information. He buys (hardly any newbie ever short sells) the stock that someone tells him. He buys it when he is told to buy it and he holds it for a while and sees some profits and sells it. Now he thinks that’s all there is to it. Therefore, beginners are more cautious and less greedy, which might be the reason to explain "luck".
What's more, the stock market is, as most would agree, unpredictable. Timing the market is as hard as looking for a needle in a haystack. In that sense, it's certainly not just technical analysis or fundamentals that will come into play.
No way! Trading has nothing to do with luck.
Every trading market experiences certain periods of upswings (bull) and downswings (bear). What happened to a beginner is that the new trader entered the market during a bull run. Once the bull market ends, that is when a trader’s real test of skill begins. This is when it becomes difficult to make money in the market. As such, beginner traders seem to fall off at this point and feel like the forces of luck are against them. As they believe that they know how to trade and thus make risky trades. However, they usually endure heavy losses subsequently and realize that trading is not a game.
Therefore, it is advisable for beginner traders to be careful during the first year of trading, paying attention to the overall climate of the market, and not getting too confident.
Get bonus now by joining the discussion "Did you have beginner's luck when you first started trading?"
A review to our previous Mooers' Stories "Why did you start trading?"
Beginner's luck is a commonly seen phenomenon in many chance events. Many people make money during their first days, weeks, or even months in trading.
Some believe that beginner's luck does exist because people tend to be more cautious when they have insufficient information.
Others believe that luck is nonsense in trading and can never be counted on.
Do you believe in beginner's luck? Did you have beginner's luck when you first started trading? How was your first trade? What do you think of the role of "luck" in trading?
Share with us your ideas and win rewards by joining our discussion "Did you have beginner's luck when you first started trading?"
Let's first find out what people say about beginner's luck.
Yes, fingers crossed. Luck plays a role in trading, especially for beginners.
Some believe that beginner's luck is real because it is founded on information. He buys (hardly any newbie ever short sells) the stock that someone tells him. He buys it when he is told to buy it and he holds it for a while and sees some profits and sells it. Now he thinks that’s all there is to it. Therefore, beginners are more cautious and less greedy, which might be the reason to explain "luck".
What's more, the stock market is, as most would agree, unpredictable. Timing the market is as hard as looking for a needle in a haystack. In that sense, it's certainly not just technical analysis or fundamentals that will come into play.
No way! Trading has nothing to do with luck.
Every trading market experiences certain periods of upswings (bull) and downswings (bear). What happened to a beginner is that the new trader entered the market during a bull run. Once the bull market ends, that is when a trader’s real test of skill begins. This is when it becomes difficult to make money in the market. As such, beginner traders seem to fall off at this point and feel like the forces of luck are against them. As they believe that they know how to trade and thus make risky trades. However, they usually endure heavy losses subsequently and realize that trading is not a game.
Therefore, it is advisable for beginner traders to be careful during the first year of trading, paying attention to the overall climate of the market, and not getting too confident.
Get bonus now by joining the discussion "Did you have beginner's luck when you first started trading?"
A review to our previous Mooers' Stories "Why did you start trading?"
48
24
M1314
commented on
$SGX(S68.SG$ what do u all think? Buy more to dilute or sell to cut loss?
2
8
M1314
commented on
For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment(AMC.US$ $Tesla(TSLA.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Nasdaq Composite Index(.IXIC.US$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment(AMC.US$ $Tesla(TSLA.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Nasdaq Composite Index(.IXIC.US$
6131
6911
$Dogecoin(DOGE.CC$ 原先下午看到已达高点,没想到还在创新。各位大神有何指示?
1