My Christmas Wish will be that the market continue to go HUAT HUAT! May Moomoo continue to be successful and organise more games and events for everyone. Below is the poster I won from the Futu 9th Anniversary game. Hope i can win more next year 🚀🚀🚀. Merry Xmas Everyone!!!!
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$
$AMC Entertainment (AMC.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$
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most important point is that as a beginner, focus on a maximum of one to two stocks during a session. Tracking and finding opportunities is easier with just a few stocks.
next, never get into penny stocks. they r extremely volatile. avoid new emerging meme stocks such as $Biora Therapeutics (PROG.US)$ or $Pear Therapeutics (PEAR.US)$ too. they can easily go down 10% in 5min… 😩either go moon or hell…. personally, i would prefer large cap stocks like $Apple (AAPL.US)$ or $Tesla (TSLA.US)$. comfirm less profit…. but it’s much safer.
it may be better just to read the market without making any moves for the first 15 to 20 minutes.The middle hours are usually less volatile, and then movement begins to pick up again toward the closing bell, especially during power hour. safer for beginners to watch the market first
don’t panic if things doesn’t go in your way. no personal feelings, emotions!!!! cool down, stick to your technical analysis. if the chart does not meet your technical analysis, just cut loss and move on.
LASTLY, SAY NO TO MARGINN
Hope i can win a $ContextLogic (WISH.US)$ or $American Airlines (AAL.US)$ stock!!!
sharing the poster i got from the $Futu Holdings Ltd (FUTU.US)$ 9th anniversary challenge for those who r interested as well!! please like and share your reviews!
next, never get into penny stocks. they r extremely volatile. avoid new emerging meme stocks such as $Biora Therapeutics (PROG.US)$ or $Pear Therapeutics (PEAR.US)$ too. they can easily go down 10% in 5min… 😩either go moon or hell…. personally, i would prefer large cap stocks like $Apple (AAPL.US)$ or $Tesla (TSLA.US)$. comfirm less profit…. but it’s much safer.
it may be better just to read the market without making any moves for the first 15 to 20 minutes.The middle hours are usually less volatile, and then movement begins to pick up again toward the closing bell, especially during power hour. safer for beginners to watch the market first
don’t panic if things doesn’t go in your way. no personal feelings, emotions!!!! cool down, stick to your technical analysis. if the chart does not meet your technical analysis, just cut loss and move on.
LASTLY, SAY NO TO MARGINN
Hope i can win a $ContextLogic (WISH.US)$ or $American Airlines (AAL.US)$ stock!!!
sharing the poster i got from the $Futu Holdings Ltd (FUTU.US)$ 9th anniversary challenge for those who r interested as well!! please like and share your reviews!
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Most important point is to not FOMO, when other people pump, its time to sell, not the other way round. When people are greedy, be fearful instead.
Not all dip are equal. Before buying, do your own DD. Look at exactly what the stock is doing, ask if you have faith in the stock in the next 5-10 years. If yes, feel free to average down regularly and HODL. Don’t just buy it because it has dropped 50%. Do not catch a falling knife.
Lastly, diversify. Don’t buy all tech stocks. if another dot com bubble burst happen, you will be severely burnt. Get into different industries, both growing and stable ones. Buy some value stocks too to hedge against inflation
Not all dip are equal. Before buying, do your own DD. Look at exactly what the stock is doing, ask if you have faith in the stock in the next 5-10 years. If yes, feel free to average down regularly and HODL. Don’t just buy it because it has dropped 50%. Do not catch a falling knife.
Lastly, diversify. Don’t buy all tech stocks. if another dot com bubble burst happen, you will be severely burnt. Get into different industries, both growing and stable ones. Buy some value stocks too to hedge against inflation
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