I joined Moomoo and started investing in the stock market in mid-2021 and made losses due to mistakes like relying on rumors instead of doing proper research. I bought stocks at their peak, hoping for quick gains, and when prices dropped, I kept averaging down, not realizing I was worsening the situation. My ego and lack of strategy led to losses, and even when I picked the right stocks, greed stopped me from taking profits, which were eventually wiped out by market downturns.
Af...
Af...
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Understand volatility: Volatile markets require different risk management than calm markets. In periods of high volatility, be prepared to reduce position sizes or widen stop-loss orders to account for larger price swings.
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Don’t blindly follow tips: Relying on someone else’s tips without doing your own analysis can lead to losses. Always verify the rationale behind a trade idea before committing your money to it.
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Pls give me a like if possible, thank you!
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Not sure why the topic's title always gets changed automatically, it should be under #Share Your Profit/Loss.
P/L in Sept
P/L in Sept
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Today, I’d like to share my thoughts on Broadcom P/L Sharing, which I recently bought. Broadcom has been doing really well lately, performing much better than the overall market. In its latest earning report, Broadcom beat expectations for both revenue and profits. This success mainly helped by the recent merger with VMware. which has made Broadcom’s business more stable and positioned it for long-term growth. But even without it, Broadcom’s main business grew and remained stronger.
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Don’t try to predict: Rather than predicting where the market will go, react to what the market is actually doing. Do you own due diligence, happy investing ya!!
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Pls give me a like if possible, thank you!
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Adapt to market conditions: Markets evolve, and what worked yesterday may not work tomorrow. Be willing to adjust your strategy based on market conditions, whether bullish, bearish, or sideways.
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Diversify your portfolio: Spreading your investments across different assets, sectors, or markets reduces the risk of a large loss due to one bad trade. Diversification helps to balance risk and reward.
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Pls give me a like if possible, thank you!
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Let profits run: Once a trade becomes profitable, resist the urge to exit too soon. Allow the trend to develop fully and use trailing stops to capture as much upside as possible.
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Pls give me a like if possible, thank you!!
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Happy National Day!! 🇲🇾
Even though the Merdeka day has passed, the spirit of Merdeka stays with us. National Day yesterday was full of excitement, and the celebration still feels fresh! Seeing the jalan or streets lined with flags and everyone getting together to celebrate was very amazing and most importantly everyone got the holiday off.
My blessing for Malaysia:
May Malaysia continue to thrive in unity while embracing the diversity that makes people strong. Here's to more yea...
Even though the Merdeka day has passed, the spirit of Merdeka stays with us. National Day yesterday was full of excitement, and the celebration still feels fresh! Seeing the jalan or streets lined with flags and everyone getting together to celebrate was very amazing and most importantly everyone got the holiday off.
My blessing for Malaysia:
May Malaysia continue to thrive in unity while embracing the diversity that makes people strong. Here's to more yea...
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