Crabtree76
voted
Hi mooers!
First of all, thank you so much for giving your feedback on "How can we build a better Moo community? ", in which many of you mentioned that you would like to have chatrooms.
Here comes the good news! Moomoo decided to launch more chat rooms for mooers with a common interest to communicate in real-time. But before we set up chat rooms, we want to know how you would like the chat rooms to be categorized. By catering to your need, we can utiliz...
First of all, thank you so much for giving your feedback on "How can we build a better Moo community? ", in which many of you mentioned that you would like to have chatrooms.
Here comes the good news! Moomoo decided to launch more chat rooms for mooers with a common interest to communicate in real-time. But before we set up chat rooms, we want to know how you would like the chat rooms to be categorized. By catering to your need, we can utiliz...
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Crabtree76
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I’m a long term investor so these are just some of the lessons I’ve learnt from my limited experience with day trading. I will also give a brief overview of the VWAP indicator which is often used by day traders.
Lessons Learnt
1) Trade when the mind is clear and alert
Do not trade when you’re feeling sleepy, tired, unwell or troubled. This is especially true when trading in a foreign market with time zone differences. Day trading requires snap decisions and you can’t make those decisions if you are feeling poorly.
2) Play small
Limit the amount invested to a small percentage of your capital so it wouldn’t hurt if it is lost entirely. This is important as there is no such thing as a hundred percent success rate.
3) Plan your entry and exit
Set target profit and stop loss when entering a trade. This helps you to know when to exit. Do not hesitate or second guess yourself. Capital preservation is important.
4) A good knowledge of technical indicators is required
This enables one to spot and interpret the signals. Using a number of technical indicators helps to confirm the signal and improve the probability of wins.
VWAP Indicator
VWAP stands for volume-weighted average price. It is basically the average trading price of a stock after taking into account the volume. The formula is VWAP = number of shares x typical price divided by the total number of shares. Since VWAP is calculated from previous prices, there will be a lag which becomes bigger throughout the day. VWAP is reset each day.
How to view VWAP in Moomoo:
In Detailed Quotes, click on Chart Settings > Indicators > VWAP.
Make sure VWAP is checked. You can modify the colour if you wish.
Once this is done, return to the chart. You can click VWAP at the bottom of the chart (portrait mode) or on the right hand side of the chart (landscape mode). In the pictures below, VWAP is the yellow line.
How To Use VWAP Indicator
A rising VWAP shows that buyers have more control, a declining VWAP shows that sellers have more control and a flat VWAP means the stock is trading within a range. When the price is above VWAP, it is in the overbought zone and when the price is below VWAP, it is in the oversold zone.
VWAP can be used to establish support and resistance price levels. In general, traders try to trade close to VWAP in anticipation of a bounce off (long) or a decline (short). Institutional investors use VWAP as a benchmark when planning their entries and exits to minimise their effect on the market price. So do companies when they do share buybacks e.g. $Apple (AAPL.US)$ .
It is a good idea to use VWAP in conjunction with other technical indicators such as MACD, RSI and Stochastic to confirm the signal before executing a trade. Use a paper account to practise and test out your strategies before risking any real money.
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ $SNDL Inc (SNDL.US)$ $Marin Software (MRIN.US)$ $ContextLogic (WISH.US)$ $Astra Space (ASTR.US)$ $American Airlines (AAL.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Pfizer (PFE.US)$ $Moderna (MRNA.US)$ $Alibaba (BABA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Digital World Acquisition Corp (DWAC.US)$ $Phunware (PHUN.US)$ $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Sea (SE.US)$
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Lessons Learnt
1) Trade when the mind is clear and alert
Do not trade when you’re feeling sleepy, tired, unwell or troubled. This is especially true when trading in a foreign market with time zone differences. Day trading requires snap decisions and you can’t make those decisions if you are feeling poorly.
2) Play small
Limit the amount invested to a small percentage of your capital so it wouldn’t hurt if it is lost entirely. This is important as there is no such thing as a hundred percent success rate.
3) Plan your entry and exit
Set target profit and stop loss when entering a trade. This helps you to know when to exit. Do not hesitate or second guess yourself. Capital preservation is important.
4) A good knowledge of technical indicators is required
This enables one to spot and interpret the signals. Using a number of technical indicators helps to confirm the signal and improve the probability of wins.
VWAP Indicator
VWAP stands for volume-weighted average price. It is basically the average trading price of a stock after taking into account the volume. The formula is VWAP = number of shares x typical price divided by the total number of shares. Since VWAP is calculated from previous prices, there will be a lag which becomes bigger throughout the day. VWAP is reset each day.
How to view VWAP in Moomoo:
In Detailed Quotes, click on Chart Settings > Indicators > VWAP.
Make sure VWAP is checked. You can modify the colour if you wish.
Once this is done, return to the chart. You can click VWAP at the bottom of the chart (portrait mode) or on the right hand side of the chart (landscape mode). In the pictures below, VWAP is the yellow line.
How To Use VWAP Indicator
A rising VWAP shows that buyers have more control, a declining VWAP shows that sellers have more control and a flat VWAP means the stock is trading within a range. When the price is above VWAP, it is in the overbought zone and when the price is below VWAP, it is in the oversold zone.
VWAP can be used to establish support and resistance price levels. In general, traders try to trade close to VWAP in anticipation of a bounce off (long) or a decline (short). Institutional investors use VWAP as a benchmark when planning their entries and exits to minimise their effect on the market price. So do companies when they do share buybacks e.g. $Apple (AAPL.US)$ .
It is a good idea to use VWAP in conjunction with other technical indicators such as MACD, RSI and Stochastic to confirm the signal before executing a trade. Use a paper account to practise and test out your strategies before risking any real money.
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$ $SNDL Inc (SNDL.US)$ $Marin Software (MRIN.US)$ $ContextLogic (WISH.US)$ $Astra Space (ASTR.US)$ $American Airlines (AAL.US)$ $Netflix (NFLX.US)$ $NVIDIA (NVDA.US)$ $Pfizer (PFE.US)$ $Moderna (MRNA.US)$ $Alibaba (BABA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Digital World Acquisition Corp (DWAC.US)$ $Phunware (PHUN.US)$ $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Sea (SE.US)$
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
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Crabtree76
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Crabtree76
voted
Hi, mooers,
Goodbye November. Hello December. We officially enter intoed the last month of 2021. How would you answer if someone asks you how your November trades went? Can't conclude in one go? Don't worry! Just show them what you wrote here!
Review Your Trades to Win Free Stocks
Before we announce the winners, we would like to thank and send our best wishes to all mooers who are committed to writing trade reviews and consider review writing as an excellent way to become a better trader. We do believe the consistent reviews on your trade is of great necessity.
Congratulations on our winners
$Ford Motor (F.US)$ share winners:
@Moo Topis an active reviewer and an advanced moomoo notes user. He is very familiar with the tools on moomoo that help him to record every trade's details, his ideas, and his feelings. Did you notice that his posts with moomoo notes are receiving more and more likes and comments? Please take a look at what did right!
@Jamesimwrote reviews on almost every trading day. He shared his understanding of the market and the, trending topics and consistently attached the current position and newly added tickers on his posts. Jamesim also shared the profits and losses in detail to record the happy moments and conduct analysis when losses occur. That's the secret to being a good trader. A piece of sharing snapshot is as follows:
@steady Pom pipiis a role model for check-in. He recorded P/L and his perception of trading and the overall market. What impressed us the most is that he stayed positive even if encountering drawbacks. He said if we missed the train, don't be too upset because another one is coming soon. Staying positive is what would help us through a a tough time. Check out his profile now!
$ContextLogic (WISH.US)$share winners:
@MONDAY86is full of sharp insights into fundamentals and news.
@doctorpot1has just started to use the moomoo notes features. Well done, and keep it up!
@钱包君你要振作起来is very active in trading meme stocks like $Phunware (PHUN.US)$ $Digital World Acquisition Corp (DWAC.US)$ $Sienna Senior Living Inc (SIA.CA)$ $Camber Energy (CEI.US)$ He's always emotional when reviewing his trades.
@JP GO @笨犇犇犇犇牛 @102678535 @AM5945Your reviews are very impressive, too!
Again, thank you all for joining us at this event. For those participants who miss a free share, you can still find points rewards in your Rewards Club if your reviews meet our criteria. View the event rules here.
Final words
We want to restate our purpose for this check-in event: to help you understand the importance of writing trading review, and to encourage you to adopt the powerful tool of trading review to become advanced traders. moomoo notes feature is designed to be an easy tool to empower you on writing reviews. Check out what moomoo offers here and vote for your favorite features now!
Didn't see your favorite ones? Leave a comment to let us know!
Goodbye November. Hello December. We officially enter intoed the last month of 2021. How would you answer if someone asks you how your November trades went? Can't conclude in one go? Don't worry! Just show them what you wrote here!
Review Your Trades to Win Free Stocks
Before we announce the winners, we would like to thank and send our best wishes to all mooers who are committed to writing trade reviews and consider review writing as an excellent way to become a better trader. We do believe the consistent reviews on your trade is of great necessity.
Congratulations on our winners
$Ford Motor (F.US)$ share winners:
@Moo Topis an active reviewer and an advanced moomoo notes user. He is very familiar with the tools on moomoo that help him to record every trade's details, his ideas, and his feelings. Did you notice that his posts with moomoo notes are receiving more and more likes and comments? Please take a look at what did right!
@Jamesimwrote reviews on almost every trading day. He shared his understanding of the market and the, trending topics and consistently attached the current position and newly added tickers on his posts. Jamesim also shared the profits and losses in detail to record the happy moments and conduct analysis when losses occur. That's the secret to being a good trader. A piece of sharing snapshot is as follows:
@steady Pom pipiis a role model for check-in. He recorded P/L and his perception of trading and the overall market. What impressed us the most is that he stayed positive even if encountering drawbacks. He said if we missed the train, don't be too upset because another one is coming soon. Staying positive is what would help us through a a tough time. Check out his profile now!
$ContextLogic (WISH.US)$share winners:
@MONDAY86is full of sharp insights into fundamentals and news.
@doctorpot1has just started to use the moomoo notes features. Well done, and keep it up!
@钱包君你要振作起来is very active in trading meme stocks like $Phunware (PHUN.US)$ $Digital World Acquisition Corp (DWAC.US)$ $Sienna Senior Living Inc (SIA.CA)$ $Camber Energy (CEI.US)$ He's always emotional when reviewing his trades.
@JP GO @笨犇犇犇犇牛 @102678535 @AM5945Your reviews are very impressive, too!
Again, thank you all for joining us at this event. For those participants who miss a free share, you can still find points rewards in your Rewards Club if your reviews meet our criteria. View the event rules here.
Final words
We want to restate our purpose for this check-in event: to help you understand the importance of writing trading review, and to encourage you to adopt the powerful tool of trading review to become advanced traders. moomoo notes feature is designed to be an easy tool to empower you on writing reviews. Check out what moomoo offers here and vote for your favorite features now!
Didn't see your favorite ones? Leave a comment to let us know!
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Crabtree76
liked
$General Motors (GM.US)$ Shares of the automaker jumped 3.5% after Credit Suisse reiterated its outperform rating on the stock, saying it has a “compelling case” for multiple expansion after the company’s investor day earlier this week. Shares of Ford also were also higher, by 1.8%.
$Oatly Group AB (OTLY.US)$ Shares of the oat milk maker gained less than 1% intraday, but closed 0.9% lower after JPMorgan upgraded the stock to overweight from neutral. The Wall Street firm said it sees a “favorable risk/reward” for the shares after pulling back nearly 50% from its June peak.
$Sirius XM (SIRI.US)$ The satellite radio company saw shares fall 3.7% after JPMorgan downgraded the stock to neutral from overweight, saying it expects the slowdown in new auto sales to affect new subscriptions. It lowered its December 2022 price target to $7 from $8.
$Moderna (MRNA.US)$ The biotechnology and pharmaceutical stock fell 1.4% after Finland, Denmark and Sweden announced they would limit the use of the Moderna’s Covid-19 vaccine in young people. The countries made the decision citing concerns around rare cardiovascular side effects.
$Oatly Group AB (OTLY.US)$ Shares of the oat milk maker gained less than 1% intraday, but closed 0.9% lower after JPMorgan upgraded the stock to overweight from neutral. The Wall Street firm said it sees a “favorable risk/reward” for the shares after pulling back nearly 50% from its June peak.
$Sirius XM (SIRI.US)$ The satellite radio company saw shares fall 3.7% after JPMorgan downgraded the stock to neutral from overweight, saying it expects the slowdown in new auto sales to affect new subscriptions. It lowered its December 2022 price target to $7 from $8.
$Moderna (MRNA.US)$ The biotechnology and pharmaceutical stock fell 1.4% after Finland, Denmark and Sweden announced they would limit the use of the Moderna’s Covid-19 vaccine in young people. The countries made the decision citing concerns around rare cardiovascular side effects.
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trend is way a stock is moving
trend is your friend: follow the trend of a stock up buy down sell
trend is your friend: follow the trend of a stock up buy down sell
1
Crabtree76
voted
The price of $Bitcoin (BTC.CC)$ , the largest cryptocurrency by market value, surpassed $57,000 on Monday morning, extending its two-week rally. It’s up over 30% in October, currently trading at around $57,000.
However, Jamie Dimon, JPMorgan Chase chairman and CEO, isn’t a fan of bitcoin, the largest cryptocurrency by market value.
“I personally think that bitcoin is worthless,” Dimon said during an Institute of International Finance event on Monday. It's not the first time he criticize BTC in public speaking.
Ryan Selkis, the founder of MessariCrypto conclude the words that Dimon once said against BTC, let's take a look.
Jamie Dimon on BTC:
2014: “terrible store of value”
2015: “will not survive” “will be stopped”
2016: "going nowhere" 2017: "a fraud"
2018: "don't really give a shit"
2019: [JPMCoin launch]
2020: “not my cup of tea”
2021: “I have no interest in it” “fool’s gold” “worthless”
BTC:
Despite facing a series of criticism and difficulties, BTC came a long way and thrive again.
A friend of Voltaire, Hall, who wrote the phrase: "I disapprove of what you say, but I will defend to the death your right to say it"
People have the right to say whatever they want. However, the price is the only truth when investing.
However, Jamie Dimon, JPMorgan Chase chairman and CEO, isn’t a fan of bitcoin, the largest cryptocurrency by market value.
“I personally think that bitcoin is worthless,” Dimon said during an Institute of International Finance event on Monday. It's not the first time he criticize BTC in public speaking.
Ryan Selkis, the founder of MessariCrypto conclude the words that Dimon once said against BTC, let's take a look.
Jamie Dimon on BTC:
2014: “terrible store of value”
2015: “will not survive” “will be stopped”
2016: "going nowhere" 2017: "a fraud"
2018: "don't really give a shit"
2019: [JPMCoin launch]
2020: “not my cup of tea”
2021: “I have no interest in it” “fool’s gold” “worthless”
BTC:
Despite facing a series of criticism and difficulties, BTC came a long way and thrive again.
A friend of Voltaire, Hall, who wrote the phrase: "I disapprove of what you say, but I will defend to the death your right to say it"
People have the right to say whatever they want. However, the price is the only truth when investing.
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Crabtree76
commented on and voted
People always say you should listen to the elder or listen to your teacher because they're much more experienced than you do. When it comes to investing, there's a legendary person that every investor should look up to. Warren Buffett, one of the greatest investors in the present. His quotes became the rules for every single person in the market. I am fully completely definitely convinced that all the mooers are well behaved and listen to "the Oracle of Omaha". Let's see what all the mooers have done and how they took Buffett's word into real-life investing.
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