lawboy76
voted
According to the principle of value investing, people should pick stocks that appear to be trading for less than their book value. Which means buy when the stock price drops. There's another group of people who trade oppositely. They follow the market trend to buy and sell. The more a stock price has risen, the more they buy-in.
So which way is more "right"? The fact is, the reality is all grey areas. There are very few black and white answers. Don't rid yourself of ideology and narrowness. There are hundreds of ways to get rich if you stay open-minded. Different methods can be used in different scenarios.
Choose your stand plz~
Let's take a look at some examples:
@Carry only: $AMC Entertainment (AMC.US)$
@UFTWY: What a year it has been $GameStop (GME.US)$ $Virgin Galactic (SPCE.US)$
@102497462: $XIAOMI-W (01810.HK)$
@gooup8: The future beckons. With conviction,we hold
@Lily Swanberg: $AMC Entertainment (AMC.US)$ welcome on board to the new ape nations who bought at 22!! We have add more last week!! United we can make history…
@Deezy_McCheezy: $AMC Entertainment (AMC.US)$ I'll just twiddle my thumbs
Who has their new NFTs here????
@Smart Jerry:
@Warrens Buffet: $AMC Entertainment (AMC.US)$
@demntia: Let's get ready for the fake squeeze $AMC Entertainment (AMC.US)$
Christmas is coming~
@Peak Mountain: $NIO Inc (NIO.US)$ we're going up......
@gooup8: $Society Pass (SOPA.US)$
@Jayishere: Happy holidays retards!
This week, we'd like to invite you to comment below and tell about: How you choose your stand in everyday life? Or maybe you don't?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
A related meme in gif or jpeg
Your real-life experience
Other creative ways to show your sense of humor
Merry Christmas to all mooers! Have a lovely holiday!
Peace!
So which way is more "right"? The fact is, the reality is all grey areas. There are very few black and white answers. Don't rid yourself of ideology and narrowness. There are hundreds of ways to get rich if you stay open-minded. Different methods can be used in different scenarios.
Choose your stand plz~
Let's take a look at some examples:
@Carry only: $AMC Entertainment (AMC.US)$
@UFTWY: What a year it has been $GameStop (GME.US)$ $Virgin Galactic (SPCE.US)$
@102497462: $XIAOMI-W (01810.HK)$
@gooup8: The future beckons. With conviction,we hold
@Lily Swanberg: $AMC Entertainment (AMC.US)$ welcome on board to the new ape nations who bought at 22!! We have add more last week!! United we can make history…
@Deezy_McCheezy: $AMC Entertainment (AMC.US)$ I'll just twiddle my thumbs
Who has their new NFTs here????
@Smart Jerry:
@Warrens Buffet: $AMC Entertainment (AMC.US)$
@demntia: Let's get ready for the fake squeeze $AMC Entertainment (AMC.US)$
Christmas is coming~
@Peak Mountain: $NIO Inc (NIO.US)$ we're going up......
@gooup8: $Society Pass (SOPA.US)$
@Jayishere: Happy holidays retards!
This week, we'd like to invite you to comment below and tell about: How you choose your stand in everyday life? Or maybe you don't?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
A related meme in gif or jpeg
Your real-life experience
Other creative ways to show your sense of humor
Merry Christmas to all mooers! Have a lovely holiday!
Peace!
+10
80
45
9
lawboy76
voted
Hi, mooers!
Has this ever happened to you? After you bought a stock, its price started to go down. The price bounced back right after you let go of it. It seems like we are somewhat being cursed because the market goes against our moves. Have you ever thought of why this happened and how to avoid it? This article might help!
Spoiler: There's a chance for you to win points if you read till the end.
Why should we review our trades?
Writing reviews is one of the most effective ways to evaluate our past performance. A comprehensive review should include the assessment and analysis of your progress and mistakes. Reviews could be the basis for better planning and decision-making in the long run.
Please take a look at what @Jamesimsaid about reviewing trades: WHY DO YOU WANT TO REVIEW?
How to review your trades?
Tip 1: Record the actions and results
You can write down your trading ticker, the P/L, transaction details like entry and exit points, order details like buying and selling prices, etc. Details of your actions and results are essential to the reviews and analysis afterward.
Check out the examples below:
Tip 2: Write down your observations
Apart from the records of your actions, reviews can also include observations. You can always reflect on yourself, the companies you are watching, or the overall stock market. If you are a daytrader, you can take screenshots of intraday charts and comment on them. Besides, technical indicators are helpful when you are trying to uncover patterns. We've found that most trading reviews concentrate on self-analysis and include little about the related companies and market sentiments. Let's see how to do it appropriately below.
"Leap of Faith with Leap Option Play" by @Moo Top
"Era of electronic car competition" by @Jamesim
Tip 3: Accept your mistakes and celebrate your progress
With the records of actions and observations mentioned above, you can dig deeper to uncover the mistakes and progress you've made. In this process, there shouldn't be any hard feelings. We can celebrate and learn from both failures and successes. Reviews enable you to keep tabs on your growth as a trader and the weak links of your trade. Only by constantly improving yourself can you become more confident. An excellent example is as follows: Watch out Trailing Stop!!
Tip 4: Monitor and control your emotions
Being indulged in emotions, negative or positive, could lead to impulsive actions. A review of your trade allows you to note down how you feel when encountering a specific situation. This practice enables you to accept and acknowledge the emotions behind every transaction.
Example to review your emotion "Lost by not entering, won by not entering too." @Moo to Moon FTW, and @Ganar Poco
Trading reviews are powerful learning tools. Writing them is part of the excellent mechanism that helps you discover what you want and what suits you the best. A couple of months later, you may start to uncover the patterns of your trades, which means your trading system is taking shape!
How can moomoo empower your review?
moomoo's trading notes allow you to record the details of your current position target and the profits and losses. It also records the number of stocks and the frequency of your trades within a certain period. Your review could become much more straightforward and precise with the trading notes. Let's take a look at how to use the "review" features on moomoo!
In addition, by reviewing your trade with moomoo, you will be able to exchange notes with other mooers. A friendly community vibe is what we encourage and appreciate. If you have any suggestions, please feel free to comment!
Final Words
Nothing is too silly to be recorded in your review. Just write down what happened when you missed a trade because you were watching the latest episode of a Netflix series or you were busy talking to your sweetheart. Remember that the best time to start writing is now! Over time, writing reviews would improve your trading efficiency. The reviews could be your key to favorable trades if they're consistently and constantly updated.
Share your tips for reviewing trades and comment below, and we will select the top 10 users with the most likes to give away 88 points reward!
Has this ever happened to you? After you bought a stock, its price started to go down. The price bounced back right after you let go of it. It seems like we are somewhat being cursed because the market goes against our moves. Have you ever thought of why this happened and how to avoid it? This article might help!
Spoiler: There's a chance for you to win points if you read till the end.
Why should we review our trades?
Writing reviews is one of the most effective ways to evaluate our past performance. A comprehensive review should include the assessment and analysis of your progress and mistakes. Reviews could be the basis for better planning and decision-making in the long run.
Please take a look at what @Jamesimsaid about reviewing trades: WHY DO YOU WANT TO REVIEW?
How to review your trades?
Tip 1: Record the actions and results
You can write down your trading ticker, the P/L, transaction details like entry and exit points, order details like buying and selling prices, etc. Details of your actions and results are essential to the reviews and analysis afterward.
Check out the examples below:
Tip 2: Write down your observations
Apart from the records of your actions, reviews can also include observations. You can always reflect on yourself, the companies you are watching, or the overall stock market. If you are a daytrader, you can take screenshots of intraday charts and comment on them. Besides, technical indicators are helpful when you are trying to uncover patterns. We've found that most trading reviews concentrate on self-analysis and include little about the related companies and market sentiments. Let's see how to do it appropriately below.
"Leap of Faith with Leap Option Play" by @Moo Top
"Era of electronic car competition" by @Jamesim
Tip 3: Accept your mistakes and celebrate your progress
With the records of actions and observations mentioned above, you can dig deeper to uncover the mistakes and progress you've made. In this process, there shouldn't be any hard feelings. We can celebrate and learn from both failures and successes. Reviews enable you to keep tabs on your growth as a trader and the weak links of your trade. Only by constantly improving yourself can you become more confident. An excellent example is as follows: Watch out Trailing Stop!!
Tip 4: Monitor and control your emotions
Being indulged in emotions, negative or positive, could lead to impulsive actions. A review of your trade allows you to note down how you feel when encountering a specific situation. This practice enables you to accept and acknowledge the emotions behind every transaction.
Example to review your emotion "Lost by not entering, won by not entering too." @Moo to Moon FTW, and @Ganar Poco
Trading reviews are powerful learning tools. Writing them is part of the excellent mechanism that helps you discover what you want and what suits you the best. A couple of months later, you may start to uncover the patterns of your trades, which means your trading system is taking shape!
How can moomoo empower your review?
moomoo's trading notes allow you to record the details of your current position target and the profits and losses. It also records the number of stocks and the frequency of your trades within a certain period. Your review could become much more straightforward and precise with the trading notes. Let's take a look at how to use the "review" features on moomoo!
In addition, by reviewing your trade with moomoo, you will be able to exchange notes with other mooers. A friendly community vibe is what we encourage and appreciate. If you have any suggestions, please feel free to comment!
Final Words
Nothing is too silly to be recorded in your review. Just write down what happened when you missed a trade because you were watching the latest episode of a Netflix series or you were busy talking to your sweetheart. Remember that the best time to start writing is now! Over time, writing reviews would improve your trading efficiency. The reviews could be your key to favorable trades if they're consistently and constantly updated.
Share your tips for reviewing trades and comment below, and we will select the top 10 users with the most likes to give away 88 points reward!
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147
22
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