No.1 Trading Rule of 3 Fathers
In my journey of trading, there are 3 fathers involved, which are my natal father, my stock father, and myself as a father.
First, my natal father. My natal father is a typical work hard, save hard, and a big NO NO for stock market because he think that stock market is a lier, is where gambling took place, you can easily lost money in trading. Therefore since small he adviced and taught us to keep our money in bank.
Save the money, put in FD, is my natal father NO. trading rule.![]()
First, my natal father. My natal father is a typical work hard, save hard, and a big NO NO for stock market because he think that stock market is a lier, is where gambling took place, you can easily lost money in trading. Therefore since small he adviced and taught us to keep our money in bank.
Save the money, put in FD, is my natal father NO. trading rule.
Next, my father of stock aka my sifu @Hown. He was my friend and he keep jio me to invest in stock market. But because of the deep rooted thought by my natal father, I was hesitated and keep thinking: “Ai meh? Stock market not tipu de meh? ” So he intro me some Facebook live, ask me go and listen. After some time, I realised that it is possible to grow money in stock market, it was not the market that my natal father thought of. As long as we understand the game, we can actually win the game. He then inteoduced me MooMoo where I get to exposed to bigger market and has my first $Apple(AAPL.US$ stock. 🍎❤️
My stock father is a master of fundamental analysis, he taught me how to look for good companies, with reasonable PE, good future, and many more. We study QRs and ARs together and when we understand how is a company doing, we can invest with a healthier mindset.
Fundamental analysis is my stock father NO.1 trading rule.
Last, me, who is a father myself. With the understanding in stock market, plus fundamental analysis, I further study the technical analysis through youtube and some of my friends. I’d able to understand the chart, S/R, and using some indicators to look for entry and exit point which tremendously helped me to increase my odds of winning.
Along his growth, I will first teach him the important of saving emergency fund and support basic living before investment. Next, let him expose to stock market and understand how a company growing by sharing the fundamental analysis combine with technical analysis. Most importantly we need a great tool before our work so I will intro MooMoo to him. I believe that is good enough for him to invest and have good returns in stock market.
Save emergency fund, fundamental analysis + technical analysis + MooMoo is my NO.1 trading rule.
Thank you @moomoo Event for another incredible and meaningful event.
Happy Father’s Day to all the great dads out there.🥳
MooMoo, my one-stop investment platform.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
