In MooMoo my first stock is $VCI Global (VCIG.US)$ . I made 16% profit from day trading. sadly I didn't TP when the price rises to 120%. I became too greedy.
My strategies are only with volume, turnover, some other technical, check news for sentiment, and lastly fundamental.
And my bad trade is $First Republic Bank (FRCB.US)$, I have warned myself to avoid OTC market. however I plan to buy this stock from 0.05 usd, but since I don't use GTC the order wouldn't do it for me. The next day the stock rises to 0.09, I bought it, and already knew I can buy it with GTC order. The price ever rises and didn't TP again, finally CL on 0.07.
Now all my money went to buy stock for long term. I used to trade only here, now I changed my mind to allocate some for trading and some for investing.
My suggestion is not using all of your budget for day trading, always think for long-term. Do your own analysis, have a trading plan for trader especially if you trade in penny stock. Don't lazy to check FA/TA and market sentiment since it's easy to do so.
My strategies are only with volume, turnover, some other technical, check news for sentiment, and lastly fundamental.
And my bad trade is $First Republic Bank (FRCB.US)$, I have warned myself to avoid OTC market. however I plan to buy this stock from 0.05 usd, but since I don't use GTC the order wouldn't do it for me. The next day the stock rises to 0.09, I bought it, and already knew I can buy it with GTC order. The price ever rises and didn't TP again, finally CL on 0.07.
Now all my money went to buy stock for long term. I used to trade only here, now I changed my mind to allocate some for trading and some for investing.
My suggestion is not using all of your budget for day trading, always think for long-term. Do your own analysis, have a trading plan for trader especially if you trade in penny stock. Don't lazy to check FA/TA and market sentiment since it's easy to do so.