First of all, I am not a pro when it comes to trading. I literally started to back in Feb 2024 with $3k. Then slowly increase to my current investment up to $40k. Due to nature of my work, I am able to sit in front of the computer and watch all the movement of the market trends and candle sticks. Some of you might have known me or have followed me, I am a short term investor as I am not a hungry bear. I am satisfy even if I only made $50-$100 per trade. Som...
Red_Volatile_Liquid
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This resonates with me as I take a similar approach. With a relatively small pool of money to work from, I value the outcomes of smaller % gains despite a lower profit at first. After consistency is demonstrated, the money pool will naturally increase. I find the increase is then not so much in % gains over time but the amount entered to maintain benefit/risk ratio. As mundane as this is, mentally, this can be quite challenging particularly for a new trader like myself as it requires discipline to manage risk taking behaviour where it deviates from a planned strategy.
Moomoo AU : Nice catch! Thanks for your insightful sharing!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Red_Volatile_Liquid : This resonates with me as I take a similar approach.
With a relatively small pool of money to work from, I value the outcomes of smaller % gains despite a lower profit at first. After consistency is demonstrated, the money pool will naturally increase.
I find the increase is then not so much in % gains over time but the amount entered to maintain benefit/risk ratio. As mundane as this is, mentally, this can be quite challenging particularly for a new trader like myself as it requires discipline to manage risk taking behaviour where it deviates from a planned strategy.
151317952 : Anyone buy share purchase plan apx from moomoo? Have you received them? Thanks