With traditional brokers it was not that simple procedure to open an account quickly. Moomoo changed my impression with their swift feedback and super fun gamification member system.
1. From long term investing perspective, it's useful to confirm the long trend by checking the simple MAs 20/50/200 (represents 1 trading month/quarter/year respectively).
2. For long strategy, look for stocks where Simple MA 20 > 50 > 200 and current price > MA 20, means the uptrend still intact.
3. Check the past pattern of the stock, see if those moving averages are highly probable to be a strong support (price tends to rebound there after retracement).
4. Enter your position by tranches when stock price dips to the support level. Example if you prepare to invest $10,000, you could split it 4,000 : 3,000 : 3,000 at different support levels.
These are my personal views, you're welcome to add on any good ideas. ...
2. For long strategy, look for stocks where Simple MA 20 > 50 > 200 and current price > MA 20, means the uptrend still intact.
3. Check the past pattern of the stock, see if those moving averages are highly probable to be a strong support (price tends to rebound there after retracement).
4. Enter your position by tranches when stock price dips to the support level. Example if you prepare to invest $10,000, you could split it 4,000 : 3,000 : 3,000 at different support levels.
These are my personal views, you're welcome to add on any good ideas. ...
which market to put your money now?
before the launch of crypto quotes in moomoo, I had to monitor them separately in other tools, now it's truly one stop convenience!
1