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Newbie1070 Female ID: 102826442
Life is short when u have 💰💰💰
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    Newbie1070 commented on
    $APAC Realty(CLN.SG)$
    Isn't any APAC Realty shareholders received this letter?
    Any comments about this? Or this company will privatization?
    Isn't compulsory acceptance this offer? They offer the price very cheap...
    APAC Realty offer letter
    2
    $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ If you are a first time investor, especially a young investor, it is very easy to fall in the trap of buying the stock that your friend, relative, or a stranger on internet recommended. Just because someone made 1000% gains on something doesn't mean you are going to make that.
    Remember, that the faster any asset climbs up the faster it comes down like a house of cards. If it had no resistance going up, there is no support going down and when such stocks crack, they fall through the roof in a matter of hours, not even days.
    Pick up a book and learn the basics of Finance. Fundamentals will help you get a handle of how to start valuing a company. While Technical charts play a role in short to medium term movements of the stock, long term is always going to be based on Fundamentals.
    Needless to say, if you are investing in Crpto be extremely conservative. 10% of your portfolio is too much. Anything more than that, and you lose your hard earned savings very quickly if things go south.
    I understand there is a Euphoria when you make quick money, but derivatives like Futures and Options are sure shot way of getting screwed if you don't know what you are doing. Everyone has an itch to make a lot of money in a short period of time, but trust me, losing your original investment is one the worst feeling you can ever have if you earned that money by working hard.
    If you don't know anything at all about investing and want to start putting some money into an investment account, buy a broad market based ETF like SPY or QQQ on a regular basis. Think $100-$200-$500/month. Time in the market is always going to beat timing the market.
    Lastly, as Warren Buffett said - Rule 1: Never lose money and Rule 2: Never forget Rule 1.
    TL;DR: Don't invest blindly in Stocks that some friend/stranger recommended you. Efforts to make money quickly on Stocks, Crpto, or Derivatives (Futures and Options) without understanding the fundamentals and risks, will make you lose your hard earned money and your shirt. If you don't know anything about investing, buy broad market based ETF like SPY and QQQ on a regular basis.
    3
    Kobe Bryant, the late NBA legend, was not just a basketball player.
    One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
    Last week, $Coca-Cola(KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
    With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years. 
    He still amazed us after he left.
    Mamba Forever!
    Kobe Bryant's $6M investment made in 2014 nets his family $400M in profit
    37
    Just deposited couples of min ago, yet to see the funds in my account. Previously the funds is in almost immediately. What cause the changes:( Should just use my fund in Tiger trade
    Newbie1070 commented on
    $Dell Technologies(DELL.US)$ will we get $Vmware(VMW.US)$ shares credited to our Futu account?
    2
    Newbie1070 commented on
    $Dell Technologies(DELL.US)$ i really dont understand what us going on, i know something abt Vmware thing is affecting. but why did the share drop so much, does it means we lost significantly?
    2
    I'm posting a past post of mine for a little sharing. Just a brief one....
    Depend on the trading preference & strategy you preferred, it can categorize into 4 main types. But i will combine 2 to 1 for brief sharing.
    1. Scalping/Day trade - trading in a smaller time frame with a high volatility movement and a smaller R/R ratio. Normally involves multiple long or short trades per day.
    2. Swing/Position trade - trading in a longer time frame with strategy that involves support & resistance testing. Normally one/a few trades per month with a bigger R/R ratio.
    Thus, depending on your trading preference, your Entry / Exit will largely depend on which type mentioned above,  combining with the strategies used, market sentiments,  announcements by company & 1 or more indicators (eg. MACD,RSI,etc) for confirmation.
    Always start off with paper trading for practice. Learn new strategies and apply in paper trade. Back test your strategies for confirmation of what is working and what not. (keep a record)
    Never jump into live trade with little or no experience, as you are just like placing a casio bet, hoping to win OR LOOSE IT ALL. Learn how to invest & not betting your luck.
    I have posted some sharing on Risk Management,  u may be interested.
    Always has Patience in your investment. Invest in a few good trades is better than a few hundreds 'betting' trades.
    Lastly, a little advice to new "players"(eg. people without CDP account) stepping into the trading 'dimension' (colorful at 1st but will turn into a black hole if u not careful)
    Before start trading
    1. At least read up/watch YT on the type of trade u r interested.
    2. At least know 50% of the functions on the platform (eg. mobile app) u using.
    3. Know all the type of charges incur in a trade (BUY & SELL) for different platforms.
    4. Learn to see a chart, know what info u can extract. Know what info a indicator can show.
    5. Do paper trading for practice.
    Mmmm...if u read this far, i guess u r still interested to dive into the abyss.  Let continue....
    When u think you are ready to trade
    1. Get a reliable broker/securities firm/online platform to begin with. This is important depending on the type of trade u choose.
    2. Start off with a safe/steady/well known stock for your 1st 'encounter '. DO NOT start off with a so called popular/recommended/tip stock.
    3. Know what is Risk Management,  at least know how to set a Stop Loss before pressing the BUY.
    4. don't think big, THINK SMALL.
    a) start off with a small order ($500-1k)
    b) take profit when hit 3-5%, even u think it can go 10% more.
    - be VERY consistent on (a) & (b) for at least a few months.
    5. During this few months, continue to learn on how to trade, equip more knowledge. (if u r still surviving & persistent)
    6. If u have a bad trade day, lost one/a few trades. DO NOT continue,  thinking u will get back on the next trade & double up your order.
    Go watch YT or sleep or exercise.
    Opp....my post too long,  got to stop here. Have a great trading journey.
    PS: a like on the post is much appreciated,  thank u.
    Also known as : How to withdraw funds from moomoo to my bank account? How to withdraw my money from Funds/Unit Trusts?
    This is written from the perspective of a moomoo Singapore customer. If you are in the US or Australia, the information regarding conversion to SGD and withdrawing to a bank account in Singapore is not applicable to you.
    Withdrawal FAQ for those in the US
    Click the link and scroll down to FAQ on Deposits...
    FAQ: Why can’t my money be converted or withdrawn after selling my shares?
    FAQ: Why can’t my money be converted or withdrawn after selling my shares?
    FAQ: Why can’t my money be converted or withdrawn after selling my shares?
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