Many CEO/investors succeeded in making a fortune by having wealth philosophy which see money as a tool to build wealth. He/She has good money habits for savings and invest prudently. In short save wisely and invest prudently. Personally I believed the best investment opportunity in the near future is in good technology stocks because the world is entering the new era with increasing competition in the areas of Metaverse, Virtual Reality and 5G etc. Last but not least, m...

The title sums up my takeaway as my failed experience as short term trader. The 3 main components of trading: Method, Money Management and Psychology with the first two most people including myself have no problem learned and mastering. Every guru has different method (mainly entry point, cut loss point and profit taking based on technical indicators, many people sharing their method in internet and here in Moomoo) and money management (mainly risk reward ration) however psychology can be learned but difficult to execute. For example I cut loss according to my rules however the stock price rebounded and went up sharply shortly after. The next time it reached my cut loss point, I hesitated and only cut loss when I had suffered big losses on the trade. At the end, I concluded that for me, mid and long term investing not only  more suitable and relaxing but actually more profitable. To all those successful short term trader, my highest respect. Last but not least, I believed in buy on rumour sell on news (proven many times). Cheers!