theme of the month seemed to be upcoming interest rate cut which helps many interest rate sensitive counters like reits and properties. there was a big correction for Japanese shares and I took a gamble by catching the fallen knife. it turned out well in the end.

I am a price action trader. I trade what I see on the chart.
Total 9 entries in August 2024 (7 long 2 short). Closed a few positions with profit (hit my PT) and loss (hit my SL). I do post 8 out of my 9 entries in my profile page. The trades I entered are fully diversify. from tech QCOM, energy CTRA, entertainment DIS etc. I try not to have the same industry ticker in my portfolio to better diversify my risk. I even include 2 shorts position. More on long positions as I n...

With the Fed’s recent rate cut of 50 bps, I’ve revisited my current positions and updated my strategy for Q4:
5 Dos:
1. Do manage sold puts carefully: Roll them if necessary to avoid further losses, especially on tech stocks.
2. Do capitalize on tech strength: Consider adding more long positions or calls in tech (e.g., Nvidia, Microsoft).
3. Do stay updated on Fed actions: Rate cuts will impact market trends, especially in growth sectors.
4. Do adjus...

Strategy shifts: In lieu of the rate cuts I have started allocating cash into bond related funds
Unexpected gains: Does moomoo rewards counts as unexpected gains?
Future tactics: Continue to closely monitor the market and never stop learning & earning both at the same time
Here are 5 Dos and 5 Don'ts for position/portfolio adjustments:
5 Dos:
▲Set clear goals: Define your investment objectives, risk tolerance, and time horizon before making adjustments
▲Monitor and reb...

My YTD profit was 21.11% VS 19.79% for S&P500  and 20.00% for NASDAQ respectively as of 19th Sep,2024.
Picture YTD P/L as of 19th Sep, 2024.
Picture of my portfolio as of 19th Sep, 2024.
As shown in the picture of portfolios, more than 80% of my holdings in my moomoo account currently are Funds, which is moomoo cash plus. In other words, I use moomoo not only for trading but also for parking capitals. Moomoo cash plus return is better than bank fix depo...

Over all accounts and portfolios, I am up approximately 500% in fifteen months. I am steadily de-risking and use leverage in the form of options only (vs margin.) Adding shares that are down on most days and building hedges. I’m learning about how to construct a portfolio for the long-term, as I’ve reached my goal. Though still play a bit as I enjoy speculation and due diligence. I’ve even bought TLT (ok, TMF, calls.) Buying bond ETFs and other adjustments, such as VIX calls, are...