When the market gets crazy, there are actually plenty of trading opportunities, but whether to take that risk is up to you to decide. There's a strategy called Scalpin that sounds like it can make you big money easily, but those kinds of deals don't come every day!
Why use this strategy?
(1) You think the market's gonna make a big move, so you want to use a low-cost (or even profitable) way to wait for that big move a...

theme of the month seemed to be upcoming interest rate cut which helps many interest rate sensitive counters like reits and properties. there was a big correction for Japanese shares and I took a gamble by catching the fallen knife. it turned out well in the end.

I am a price action trader. I trade what I see on the chart.
Total 9 entries in August 2024 (7 long 2 short). Closed a few positions with profit (hit my PT) and loss (hit my SL). I do post 8 out of my 9 entries in my profile page. The trades I entered are fully diversify. from tech QCOM, energy CTRA, entertainment DIS etc. I try not to have the same industry ticker in my portfolio to better diversify my risk. I even include 2 shorts position. More on long positions as I n...

With the Fed’s recent rate cut of 50 bps, I’ve revisited my current positions and updated my strategy for Q4:
5 Dos:
1. Do manage sold puts carefully: Roll them if necessary to avoid further losses, especially on tech stocks.
2. Do capitalize on tech strength: Consider adding more long positions or calls in tech (e.g., Nvidia, Microsoft).
3. Do stay updated on Fed actions: Rate cuts will impact market trends, especially in growth sectors.
4. Do adjus...

Strategy shifts: In lieu of the rate cuts I have started allocating cash into bond related funds
Unexpected gains: Does moomoo rewards counts as unexpected gains?
Future tactics: Continue to closely monitor the market and never stop learning & earning both at the same time
Here are 5 Dos and 5 Don'ts for position/portfolio adjustments:
5 Dos:
▲Set clear goals: Define your investment objectives, risk tolerance, and time horizon before making adjustments
▲Monitor and reb...

My YTD profit was 21.11% VS 19.79% for S&P500  and 20.00% for NASDAQ respectively as of 19th Sep,2024.
Picture YTD P/L as of 19th Sep, 2024.
Picture of my portfolio as of 19th Sep, 2024.
As shown in the picture of portfolios, more than 80% of my holdings in my moomoo account currently are Funds, which is moomoo cash plus. In other words, I use moomoo not only for trading but also for parking capitals. Moomoo cash plus return is better than bank fix depo...