Mastering Mobile Trading: How This Remote Worker Optimizes Trading With Moomoo

The Mooers’ Stories series charts the trading journey successes and learnings of members of the moo community. Get an insider look at how users are navigating market challenges, their most used tools on the moomoo platform, and their tips for anyone wanting to start investing.

Texas-based moomoo user Jin first began trading during the pandemic. When he picked up the moomoo app to place his first trade, little did he know the impact it would have on his financial journey, career trajectory, or future path.

Jin works as a product manager at a B2B financial company and, prior to joining the moo community, had no financial or investing background. His job is remote-first, which allows him to travel — one of his greatest passions. Thanks to moomoo’s user-friendly interface, Jin is able to trade from his cell while on the go.

“My ultimate goal is to make money — and if I’m being a bit greedy, I’d like to retire earlier.”

Jin became interested in investing after he realized just how little he was earning from the interest rate on his bank account. He believed investing could be a good way to help make some extra funds for his travel and business ideas.

“I have also been interested in starting my own business,” Jin told us. “I’ve always been involved in various entrepreneurial projects, and when I started trading it sparked a few ideas. In fact, I have already partially implemented one of those ideas thanks to money I have generated while investing.”

Jin began his investing journey by trading options, but soon realized he needed to learn more about these often-volatile financial instruments.

“Through making mistakes early in my trading journey, I have learned not to expect to get rich overnight.

“While I try to avoid incurring any losses, I know it’s also unrealistic to never incur losses.”

“In the beginning, incurring a loss would get me down for several days. Now I’ve started to learn to accept my losses and become somewhat detached from them. It’s been a shift in my perspective. So, it’s not just about the financial gains — it’s also about the personal growth I’ve experienced.

“I always make sure that the money I invest is money that I can afford to lose.”

Jin first started using moomoo after he saw a trader on YouTube use it.

“I saw a promotion that piqued my interest and thought it seemed like a good idea. Besides the promotion, the platform seemed great. So, I downloaded the platform and tried it out.

“To this day, I haven’t used moomoo’s desktop version much because I find the mobile app very user-friendly.

“Since I started using moomoo, I’ve noticed a significant improvement in order efficiency compared to other investing platforms, which is a great benefit to my trading.

“The tool I use most when trading on moomoo is the ‘unusual activity’ tool for options. This tab can be found in the ‘Options’ section on the platform.

“This feature helps me spot any sudden or significant spikes in trading volume or unusual transactions. In some ways, it serves as a sort of alert system for me.”

In the past, Jin had to rely on a separate website for tracking unusual activity, which required using a computer.

“Having the ability to access all this information on my cell, in one place, is a game-changer. It’s not only convenient but provides a substantial amount of information. It could help traders make better informed decisions – it can be a valuable tool for anyone in the options trading community.

“I also rely on other technical analysis and company data. There is no one tool that solely dictates my trading decisions.”

Jin found the moomoo app easy to navigate, which helped him get started quickly. “There’s hardly any learning curve involved. I was able to become proficient in using it right away and found it to be intuitive.

“I also liked that moomoo provided institutional investor tracking free of charge, unlike many of the other platforms I previously used that would charge. This information is crucial for active day traders like me, so I consider it a major highlight.”

For Jin, it was moomoo’s design details that set it apart from other investing platforms he had previously used.

“In terms of UI design, I really like the way details are presented, such as the ticker-by-ticker trade records refreshing in real-time alongside the charts.”

“When I'm buying options and setting limit prices, I can simply click on the bid or ask price, and it will automatically set my limit to that price. Then there's the feature of trailing ask and trailing bid, which other brokers may not provide.

“These are user-friendly designs that help reduce user errors and increase efficiency while using the platform. I really appreciate these thoughtful design choices.”

When it comes to advice for new investors, Jin recommends investing in knowledge first.

“Any newcomer can experience beginner's luck and possibly make some gains initially, but it's crucial to avoid getting carried away by greed. When you start to chase bigger profits without proper knowledge and risk management, you're more likely to make costly mistakes.” Want to share your trading story? Send us an email at marketing@us.moomoo.com.

All the information comes from the interviewee and is published under the interviewee's consent. The testimonials provided herein may not represent other customers' experience, and there is no guarantee of future performance or success. Your experience may be different than the ones represented here. Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document (j.us.moomoo.com/00xBBz) before trading. Options are complex and you may quickly lose the entire investment. Supporting docs for any claims will be furnished upon request.

This presentation discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.

Day trading generally isn't appropriate for someone of limited resources, limited investment or trading experience and low risk tolerance. A day trader should be prepared to lose all of the funds used for day trading. Before considering day trading, read and understand the Day-Trading Risk Disclosure Statement. (https://www.finra.org/rules-guidance/rulebooks/finra-rules/2270)

Disclosure: All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations. Moomoo may share or provide links to third-party content. Doing so is intended to provide additional perspective and should not be construed as an endorsement or recommendation of any chat room, channel, services, products, guidance, individuals, or points of view. Please consider that users will have different risk profiles, financial understanding, financial objectives, investment time horizons and tolerance for potential losses and they should consider these factors when comparing performance, advice or recommendations from other users.