There are many ways to look at buying and selling in general! one way I like to look at buying is by looking at IWM, as this has a direct impact on small market cap stocks.I believe $iShares Russell 2000 ETF (IWM.US)$ has bounce off the $211 market 3 or so times. This is called a support level, so buying here and then I typically will sell a swing trade for a 5-10% gain, unless I have super strong conviction for a stronger uptrend. Thanks!
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Investing is always a fun journey, as I head into my 3rd year trading/ investing. I think trading is evolving in a sense with the WSB emerging into the scene most recently, and the fight against hedge funds, I think its crazy how people will throw money into stocks just to hurt the big guys and not care to much if they lose it all. I personally would recommend trading in a more traditional way. I would recommend you new traders become familiar with reading charts, look at lows and highs and look at the price action when trading, this has almost always been my way to success in the market. Best of luck to eveyone in the moomoo community , keep going and stay learning.
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I think moomoo is a very fun brokerage that allows all of us to come together i community, and sponsoring little events like this allows us to all come together in a fun and creative way. This is a great way to create a solid fanbase for years to come, so i believe this is one of my favorite features on the app. Another feature that sticks out to me on this app is, the Hong Kong market, allowing every user to dip their feet into other markets is very cool in itself , and the fact that moomoo grants it for free it awesome , keep it up guys !
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$Sellas Life Sciences (SLS.US)$ $20 tommorow, mark my words
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$Torchlight Energy Resources Inc (TRCH.US)$ Get in ah everyone. $2+ by Tuesday 👀
Translated
$Orbital Energy (OEG.US)$ this will rocket next week. they have a direct offering that ends today, this is the reason for the dip.
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My wishes for moomoo 2021
I hope Moomoo can add support for the following features:
1. Fractional shares! I wanna buy 0.1 share of Amazon each time.
2. Option spread and strategy.
3. OTC stock trading.
4. Tax report and breakdown.
Thank you Moomoo for being the best broker software ever.
5. I wish that you could get a free shares for doing certain tasks as well
I hope Moomoo can add support for the following features:
1. Fractional shares! I wanna buy 0.1 share of Amazon each time.
2. Option spread and strategy.
3. OTC stock trading.
4. Tax report and breakdown.
Thank you Moomoo for being the best broker software ever.
5. I wish that you could get a free shares for doing certain tasks as well
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