Why does MooMoo have so few features?
According to the position ratio, the quick deposit has been withdrawn for almost a year, and there is still no solution.
There is no way to hedge options to reduce risk without the combined options feature.
Without the ability to buy first, or sell first when the price is high, it is impossible to be optimistic about a stock in the short term and want to do a swing in the short term, because once you sell the stock, you will be taxed.
Currently, it seems that I can't find anything good about MooMoo other than watching the market.
I'm wondering if this company's stock price has skyrocketed all the way, but there hasn't been any progress in user experience or software. Is it really marketing the US as a mainland market?
There is no way to hedge options to reduce risk without the combined options feature.
Without the ability to buy first, or sell first when the price is high, it is impossible to be optimistic about a stock in the short term and want to do a swing in the short term, because once you sell the stock, you will be taxed.
Currently, it seems that I can't find anything good about MooMoo other than watching the market.
I'm wondering if this company's stock price has skyrocketed all the way, but there hasn't been any progress in user experience or software. Is it really marketing the US as a mainland market?
I just want to say that the only reason I continue to use MooMoo is because switching to a brokerage is too expensive. This development team is simply...![]()
My posts will also be restricted, and no one will be able to read them, but I personally will slowly transfer my positions out of this brokerage platform. Failure to hedge and short-term periods may result in tens of thousands or even hundreds of thousands of losses. I haven't seen anyone mention this; am I the only one with this kind of need? Or do you not use this software at all to play options? It really is a pig on the cusp. It can fly to the sky without moving. Admire, admire...
My posts will also be restricted, and no one will be able to read them, but I personally will slowly transfer my positions out of this brokerage platform. Failure to hedge and short-term periods may result in tens of thousands or even hundreds of thousands of losses. I haven't seen anyone mention this; am I the only one with this kind of need? Or do you not use this software at all to play options? It really is a pig on the cusp. It can fly to the sky without moving. Admire, admire...
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JanetS : Hello, Thank you so much for your suggestions and questions. The US market is a market that the Moomoo team attaches great importance to. In 2020, we raised the maximum instant purchasing power limit for deposits to $2000, speeding up the payment speed of most deposits (2-3 working days). It is expected that in 2021, we will further increase the maximum purchasing power of deposits, and capabilities such as Covered Call will be launched this year. Tax-related functional optimization is also within our plans, but it may be a little slower due to the underlying modifications involved. We're going to be a little faster this year!
Moomoo Lily : Hello, I checked the situation with my colleagues here:
We have begun to promote the capacity building of US stock guarantee (Covered Call). It is expected that Q1 will open up the ability to combine covered call options to a small number of customers, and expand and launch more options strategies one after another in 2021;
Features related to FIFO LIFO are also being planned, but due to major changes, it is expected that it will take a relatively long time.
Thank you for your feedback and support