We want YOU to tune in live on November 5th, U.S. election day, for a special moomoo news and community event. Come watch the vote counts roll in with our local news team and a party of guests! Follow along with our moomoo analysis of how the election will affect the market, and watch for the results as AP News begins calling the election state by state.
The live stream will start Nov 5th at 6:30 PM ET - and run late into the night. Subscribe to join the live discussi...

Are you ready to ride the wisdom wave with the grandmaster of investing himself? Buckle up now!
📅 Mark May 4, 2024, on your calendar – that's when the Berkshire Hathaway Shareholders Meeting is hitting the airwaves, and you're invited to the front-row seat!
🤑💰 The "Sage of Omaha" is about to spill the beans on what to do with a cash pile. Will Warren Buffett reveal his next big move?
🍏📉 And speaking of big moves, the world is buzzing about Berkshire's...

A mother is always concerned about many things, including children's education, family spending, retirement, and healthcare. She deserves a gift to secure her financial future.
It's time to make an investment plan with love and a thankful heart for her.
[ Quickly prepare Mother's Day Gift - only 2 steps ]
Step1: Set the amount of money on your account or an account opened for her;
Step2: Develop an investment strategy and choose...

People have been making money from stocks and shares for hundreds of years, but with millions of companies to choose from, it’s understandable that some people turn to key figureheads and even celebrities to inspire their financial decisions. 
Who do you think has caused the most change on the stock market by a landslide?
Who else do you think is worth being nominated?
Would you tell mooers about your picks?

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?"

Hi, dear moomooers! We are excited to invite you to a special event and claim big rewards.
Before we start, let us you give a "spoiler": There will be 400 winners in total after this event ends. But each day, only the first 40 participants will be eligible to receive our gifts.
So, what are you still waiting for?
How to join this event?
Step 1:Turn on your notification for moomoo app on your phone.
Step 2: Look for the “password”!
Every day, moomoo will send...