105026742 : $SOXL 240802 42.00C$

I Am 102927471 :

Zimbo : Navida has been challenging.. Those who made the real money… have already done so.  I am cautious going forward knowing that Semi conductors depend on Asia and the US relationships make it difficult. I try and look for trading opportunities here because it has volume and liquidity.. However, that means wins and losses.  I had awesome trade at the beginning of the week..  but with downward trends it is almost impossible to find the bottom.  I’m in at 118.00 …best senerio we back at 120 levels… worst we @100.. both are real possibilities.

103459281 Red Dragon OP Zimbo : True that...but I was FOMO, jumped on the bandwagon when I first started trading on MooMoo.But i will still keep the NVIDIA stocks that i bought at 125-130 (only 8 shares in total )as I aim for long term  capital gain for years to come

103436596 : go ahead

Minlock : you're not alone brother.

fadfunky : to control your emotion, you have to learn money management in yourself first before you start trading or investing in any capital market.
money management in yourself is quite simple,
manage your monthly net income by
1. commitment
2. expenses
3. savings
4. idle fund / extra money
use your idle fund to trade or invest.
goodluck

Bill A : For a good reason.

ZN28 : ur forgetting something else , moomoo charge their own fee when buying and selling , with wahed u dont pay these fees

Luffy Amen : Wahed charge monthly fee, but never stated clearly how much they charge. Refer wahed FAQ.

103816261 : Trading plan suggestion buy at 49-48 or less maybe at 45. Take profit at 5% (to be consistent) or higher depends on market. Time horizon 1 week or 1 month (depends on your preferences). However, this is my first time giving suggestion. You can make or compare other trading plans.

ZN28 : this is a ETF . u buy it for longer term investment, 5/10/15 years . even if it goes up and down on average u wil make 8-12% a year . pls educate ur self on ETF . i will suggest u to buy it without window shopping .
and every month you should buy more , its called dollar cost averaging. u can search on youtube what it is. i invested 2 years ago and every month i put in $100 wat i can , and now i have made 15% in profit on my capital . my plan is to continue this for 10 years insha allah

Wwltwr ZN28 : Question, i started investing this HLAL at 2020 and then pump more at 2022 seeing it has profit, now at 2024, its +30% return, so im not sure does DCA at this time would it lessen the return alot? Given DCA bought at higher entry price vs the one in 2022.

ZN28 Wwltwr : DCA protects u frm running out of luck simple as that , you were very lucky to time ur entry , congratulations, but whole point of DCA is to be consistent, DCA givs u more chance of having luck . warren buffet has said “time in the market is better than timing the market” .  imagine a scenario where HLAL keeps increasing . so what wil u do then are u gonna wait forever to invest ? if u dont want once a month then do DCA every 2 weeks .