moneyfreedom
commented on
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra (LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...
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moneyfreedom
commented on
Singapore real estate investment trusts can benefit from their safe-haven status during a time of market volatility as the U.S. Fed raises interest rates, analysts from DBS say in a research note.
The Fed's clarity on its rate-rise trajectory will likely lead to more price stability for Singapore REITs, they say.
What are Real Estate Investment Trusts (REITs)?
Real Estate Investment Trusts (REITs) are funds that invest in a port...
The Fed's clarity on its rate-rise trajectory will likely lead to more price stability for Singapore REITs, they say.
What are Real Estate Investment Trusts (REITs)?
Real Estate Investment Trusts (REITs) are funds that invest in a port...
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moneyfreedom
commented on
Notice: all mooers commented “sign up” before Feb 25th 15:00 (SGT) will be invited into our study group by this Sunday!
Hi mooers, welcome to join our learning camp!
Did you notice that the cost of living is getting higher since the outbreak of COVID-19 pandemic?
As inflation can eat away at our money, we become anxious and start to make extra income.
Investing in stock becomes popular among the public with its high h...
Hi mooers, welcome to join our learning camp!
Did you notice that the cost of living is getting higher since the outbreak of COVID-19 pandemic?
As inflation can eat away at our money, we become anxious and start to make extra income.
Investing in stock becomes popular among the public with its high h...
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I sincerely hope that moomoo will start offering commission-free trade coupons, just like how Tiger Brokers is doing. Reason being traders like us are kinda moving towards Tiger Brokers for their free-commission trades and stock coupons. Perhaps moomoo would like to stay competitive? Merry Christmas and a happy new year, moomoo!!!!
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moneyfreedom
commented on
(ONE)
My 1st ever trade was just 2 lots of $SGX (S68.SG)$ because I didn't have much capital to play with and it sounded safer to dabble in the SG market than overseas markets.
I later tried trading in $OCBC Bank (O39.SG)$ at 2 lots too but volitility was very low, just like SGX although I made just a few bucks in the SG market as a whole.
After a few months in the SG market, i decided to sell all my SG stocks and trade in the US market. I tried $Tesla (TSLA.US)$ and it was a great start because volitility was much better than the SG market.
I later pumped more capital into my US account to trade in $BioNTech (BNTX.US)$ and #MRNA as they seemed to have longer candles based on the graphs. Volitility was also high which made me happy as a day trader. All in all, #BNTX has given me the most returns. My highlight for 2021 will probably be buying #BNTX at its all time high and now I'm just holding on to it and waiting for it to rise again.
(TWO)
The best learning point i have gotten in 2021 is not to panic sell. As Warren Buffet said, "Never lose money" Something crazy I have done is probably the fact that I, stayed up at night in SG, day trading during the US Market opening hours.
It was very exciting to hear the coins notification sound on my moomoo trading software in my laptop when closing my positions as a say trader.
Time has rewarded me with many goodies from moomoo as I logged in daily to collect points to redeem cute bull merchandise.
My 1st ever trade was just 2 lots of $SGX (S68.SG)$ because I didn't have much capital to play with and it sounded safer to dabble in the SG market than overseas markets.
I later tried trading in $OCBC Bank (O39.SG)$ at 2 lots too but volitility was very low, just like SGX although I made just a few bucks in the SG market as a whole.
After a few months in the SG market, i decided to sell all my SG stocks and trade in the US market. I tried $Tesla (TSLA.US)$ and it was a great start because volitility was much better than the SG market.
I later pumped more capital into my US account to trade in $BioNTech (BNTX.US)$ and #MRNA as they seemed to have longer candles based on the graphs. Volitility was also high which made me happy as a day trader. All in all, #BNTX has given me the most returns. My highlight for 2021 will probably be buying #BNTX at its all time high and now I'm just holding on to it and waiting for it to rise again.
(TWO)
The best learning point i have gotten in 2021 is not to panic sell. As Warren Buffet said, "Never lose money" Something crazy I have done is probably the fact that I, stayed up at night in SG, day trading during the US Market opening hours.
It was very exciting to hear the coins notification sound on my moomoo trading software in my laptop when closing my positions as a say trader.
Time has rewarded me with many goodies from moomoo as I logged in daily to collect points to redeem cute bull merchandise.
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The biggest mistake I've made while trading was getting too excited with the day trading of $BioNTech (BNTX.US)$ during the earnings report release period.
I bought $BioNTech (BNTX.US)$ very near the historical high and I failed to cut my losses when it fell to the 300s mark. So now I'm just waiting for $BioNTech (BNTX.US)$ to bounce back up to the mid 400s so that I can start afresh with, my limited capital. See below for my position chart
I bought $BioNTech (BNTX.US)$ very near the historical high and I failed to cut my losses when it fell to the 300s mark. So now I'm just waiting for $BioNTech (BNTX.US)$ to bounce back up to the mid 400s so that I can start afresh with, my limited capital. See below for my position chart
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