NinjaLady
commented on
Greetings, mooers!
The first six months of 2024 have given us a stock market full of surprises, without the anticipated rate cuts, yet the major indexes kept climbing to unprecedented heights. Still, the lingering geopolitical concerns, economic updates, and the US election loom large, as the bull run in precious metals suggests.
Now's the chance to evaluate your trading strategies. Are you pleased with your trading outcomes? What changes ...
The first six months of 2024 have given us a stock market full of surprises, without the anticipated rate cuts, yet the major indexes kept climbing to unprecedented heights. Still, the lingering geopolitical concerns, economic updates, and the US election loom large, as the bull run in precious metals suggests.
Now's the chance to evaluate your trading strategies. Are you pleased with your trading outcomes? What changes ...
![2024 half-year recap: Post your P/L trend & earn rewards!](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240626/1719387290758-e8722798ce.png/thumb?area=999&is_public=true)
![2024 half-year recap: Post your P/L trend & earn rewards!](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240626/1719387363408-b35c61bc14.png/thumb?area=999&is_public=true)
![2024 half-year recap: Post your P/L trend & earn rewards!](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240626/1719387419612-060eb10d24.png/thumb?area=999&is_public=true)
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NinjaLady
commented on
The market during 2024H1 is very much different from the past, specifically under the shadow of recession speculated to come soon.
I have made more than SGD 50K during the 2024H1 by doing trends following investment.
Picture 1: P/L 2024H1.
To control risk I literally made 1st entry buy on the left side and 2-5 following buy on the right side. Typical examples include my investment trade with Singapore Airlines, ...
I have made more than SGD 50K during the 2024H1 by doing trends following investment.
Picture 1: P/L 2024H1.
To control risk I literally made 1st entry buy on the left side and 2-5 following buy on the right side. Typical examples include my investment trade with Singapore Airlines, ...
![Made more than SGD 50K during the 2024H1 by doing trends following investment.](https://sgsnsimg.moomoo.com/sns_client_feed/73168928/20240627/1719417960834-random2002-73168928-android-org.jpeg/thumb?area=101&is_public=true)
![Made more than SGD 50K during the 2024H1 by doing trends following investment.](https://sgsnsimg.moomoo.com/sns_client_feed/73168928/20240627/1719417961383-random7595-73168928-android-compress.jpg/thumb?area=101&is_public=true)
![Made more than SGD 50K during the 2024H1 by doing trends following investment.](https://sgsnsimg.moomoo.com/sns_client_feed/73168928/20240627/1719417961832-random9234-73168928-android-compress.jpg/thumb?area=101&is_public=true)
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NinjaLady Kopimoney : I’m not an expert (yet) but this is what I have learned…
Same in shorting the Nasdaq back in 2021 while it was climbing. Everyone was saying it was going to crash. I didn’t understand interest rates by the Federal Reserve and their impact on the markets, put and call walls, momentum, cycles and technical studies. Also learned how much the $DXY (Dollar) influenced SPY and the general inverse relationship.
Today these are what I look at. Moomoo is new for me (1 month) and I have not learned how to create all the charts and indicators in the platform.
If you are able, learn the concepts I mentioned and look into technical indicators such as MACD, volatility, volume, cycle trends, Heiken Ashi charting, and RSI indicators. These will help you understand the markets better. It’s a journey to learn and the goal of small wins using only 10% of your portfolio will give you more confidence and still protect your assets. It’s better to make $5 a day and grow slowly while you learn than lose $100 all at once or over and over.
Initially your intention is to get the best entry and exit consistently from one day to the next and be ok leaving money on the table. if you’re not American or familiar with the saying, it’s an expression that means better to for sure make some profit than risk losing all for total profit. It’s ok to profit a little even if the market could keep going higher (or lower).
It’s not the glamorous portrayal given by influencers who may or may not be honest. But it is a higher probability for you to become an expert and win more often in the markets.
Best of luck to you and your success.