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How do you develop a trading philosophy?
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My Trading/Investing Philosophy

Think long-term is my main philosophy in investing. No matter what happens, always have the conviction to move towards the end in mind. Thus, there isn't much change I would need to adopt to adjust in any circumstances.

Build the main bulk of my investments on stocks that are stable with high dividend returns. I would always tactfully choose growth stocks that are based on the strong business fundamentals of the companies to build my wealth. This way of investment may take a longer period of time to see returns, but it is all worth it.  External factors may at some point affect the stock value, but it will not be long that the stock will recover. During bad times, ride the storm, buy the dip, and collect dividends along the way.
$DBS Group Holdings(D05.SG)$
$UOB(U11.SG)$
$OCBC Bank(O39.SG)$
$Ascendas Reit(A17U.SG)$
$CapLand IntCom T(C38U.SG)$
$Mapletree Ind Tr(ME8U.SG)$
So, no matter what happens, I would be able to sleep well, not allowing my investment that should be working for me, affect me. Always use spare cash to invest, where you will not need them immediately. It removes the emotional effect.

During such times of turbulence, it is the time when one can capitalise on good opportunities of entry to stocks that are good but too high in price. I am monitoring the various counters to enter for several weeks.
$Amazon(AMZN.US)$
$Alphabet-A(GOOGL.US)$
$Microsoft(MSFT.US)$
$Apple(AAPL.US)$
$Meta Platforms(FB.US)$
Usually, it's during such times that it is most exciting to me. Because the stock counters will be most welcoming, slapping on huge discounts on their price tag. Just like entering a great sale where you can own branded luxury goods with a good bargain. I would feel an opportunity wasted if I hadn't accumulated sufficient spare cash.
All the Best to every Mooers in whatever investment philosophy or strategy!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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