Mooers' Stories Vol.6 - MamaLlamaDrama
Hi, mooers. Welcome back to "Mooers' Stories", where we present mooers' insights and experiences. Have you ever spread yourself too thin by overwhelming yourself with over-diversification? This time, we invited @MamaLlamaDrama, who had the same feelings before, to share how she dealt with the situation. Let's take a look!
Notes: All the information comes from the interviewee and is published under the interviewee's consent. The testimonial provided herein may not represent other customers' experiences, and there is no guarantee of future performance or success.
Mooers!! My name is Sera, but you may know me as MamaLlamaDrama. I am from Sydney, Australia, and I have 4 girls, 21, 19, and 11yo twins. They definitely keep me on my toes but I always make time for the markets!!
Investing story: Put tools to use and also get familiar with your investments is key for the long term.1. When and why did you start investing?
Like many, the pandemic gave me a lot of time to think about my long-term goals. It was definitely the catalyst that brought me into trading for myself. I have been watching them for a long time but began actively trading on Moomoo early this year. My grandpa taught me to pay attention to the markets and how to read a form guide for the races very young!
As I get older I lean more on the latter as I try to build something up for my children and hopefully grandchildren. As an Australian, economically, it hasn't been great in recent times. The cost of living, housing, and inflation are at ridiculous levels so I turned to invest in something with *hopefully* better returns rather than saving and losing value in the banks.
2. What lessons have you learned?
Balancing diversification, with spreading myself too thin. This has been a hard lesson with some losses but also a lot of gains both financially and in experience. *****Win or Learn... Never Lose***** I found diversifying too much over too many markets was something to reel in, I need to sleep sometimes lol, whilst also not putting too many eggs in one basket also. I love a few particular Oz stocks for long-term investments and a little day trading, $LTR $JVR $NVX would be the top 3. I have a little in the HK markets, Euro and US also. I prefer to get familiar with stock before I invest.
3. What research do you do?
I like to get up-to-date news first and foremost. I read as many factual articles as I can, to get a sense of a company's actual value, whilst also following the faster trends. I also needed to familiarise myself with some of the obscure terms and language, especially in some of the company reports. I love having access to that, and along with real-time data, it's a great tool to watch and track.
Put tools to use and also get familiar with your investments is key for the long term. Moomoo has great tools for virtual portfolios and paper trading. Coupled with fantastic information on each stock/company, with up-to-date news and analysis. I use not only news but track charts and trends short and long-term. I use 1m, 4hr, 1 day, and 1wk charts the most.
Of course, my charts with macd, obv, rsi, etc are the basics, but watching the volume and turnover, against the price changes are helpful also. You can see how much 'push' there is on either side which gives a better idea of which way the share prices will go over the daily charts. I always try to buy in a dip whether it's short or long term as you can see on these 3 pics (my fave 3 stock to keep) keeping my average as low as possible whilst adding more funds.
I use all these things together to give me an idea of sentiment as well as facts. These 3, in particular, I have researched well and believe long-term will be great returns (notwithstanding any major changes) short and long term with huge projects beginning this year or being approved for 2023 and beyond.
I like the growing EV industry but it also needs mining and materials like Lithium and Cobalt, hence I believe these companies are going to be great mid and long-term.
4. What's your trading strategy?
I like to invest long term, things like the shipping industry (though it's not been kind this week!!) as it is stable, long term, and most pay good dividends. I also like to research the evolving industry of energy/fuel & EV's. Especially where the materials are coming from.
Australia is heavily invested in mining as a whole so I suspect a lot of our own companies will grow exponentially, as well as those they supply. My main strategy now is thinking very long term, whilst trading both long and short in the meantime. So when my children come of age and everyone is driving electric vehicles, hopefully, I've learned and invested enough in the right companies, at the right times, as we know the industry as a whole is going to explode! Our government is already trying to implement schemes and set dates to phase out petrol vehicles completely, I know others are. If this is finally the direction we're going for clean energy and fewer emissions *which is great* I want to get in now!
5. What is your daily trading routine?
I am up early so always check my accounts with morning coffee!! (Hopefully *before* close of US markets at 6 am Sydney time)
I have investments in AU, US, HK, and Euro, mostly in the energy/fuel, and shipping industries. I'll look at the entire industry, find a few companies I like and either invest or track via virtual portfolio for a little while to find a good entry point. (also demonstrated in the pics)
Our AU market opens at 10 am, and HK opens at 11:30 am so I'll always be checking fluctuations, charts, and news for the day. Maybe a little trading of the day calls for it. Then 5 pm Euro market opens, and the HK market is usually driving home a closing price for 6 pm my time so I'm very active at that time. The US opens at 11:30 pm my time so again I'm usually making a trade or 2 prior to the bed of the market calls for it. I literally check moomoo last thing at night and first thing in the morning *remember I said I could spread myself thin lol but I love it*
6. What's your best trade ever?
LTR would be my best trading so far as a stable % profit. up over 58%, before buying more, bringing my average down to around 20%, and today is over 29%. Those are the long-term investments, I also have made a quick 45% off Zim, twice, on another platform using CFD. Buying in at 45, selling at 49, right before dividend dates approached. I don't recommend using leverage a lot though, as the ex-div date came along, the rest of my Zim positions, around 45 or under, have slumped way more than I anticipated. So that's a higher taking of profit, for 2 trades, but as a whole, it's not the smartest for the rest. I should have invested more post-dividend date, not prior. win or learn, never lose!!
7. Why moomoo?
I began experimenting with using many platforms for crypto and stock. I found Moo's paper trading/virtual portfolios are a fantastic tool to not only track investments but get familiar with the platform as each is very different. I can say Moomoo is far superior with the number of tools and information available!!! I had invested mostly in crypto prior and after some big losses, I decided that extra volatility is not for me! I simply don't have enough time to track it 24/7, so I switched to focusing more on the stock markets.
I find certain industries interesting, and the entire industry of the stock market is certainly interesting! I realized that I not only want to invest long-term but also enjoy a bit of day trading so I do both.
I have 2 portfolios right now, but Moomoo is my absolute fave!! I only have the other for smaller, diversified day trading, only because right now the fee structure is better as an AU user. I'd love to consolidate them all on here one day though and I already know Moomoo is working hard to make the structure more condusive to AU users which I appreciate greatly.***
Moomoo is my favorite app to use for all my investments, and tend to keep larger positions in a smaller number of stocks on here. More long-term sentimental stocks may be the right term lol.
Words for newcomers...New to Moomoo? I've been on Moo for a while after trying other platforms and it's amazing, full of tools and information other platforms just do not have. My overall general advice would be take it slow.
The amount of information can be overwhelming at first/Shocked Start with paper trading & virtual pf's. Choose a stock you like and work out what all the indicators and charts mean, checking not only minutes but also daily and weekly. See how it moves over the days, using indicators like macd, rsi, obv, and Bollinger lines. Then use it to find a sweeter entry price.
Combine that with news and events, checking any major factors that may influence the price. Eg. if dividend dates are approaching, the price generally will go up if the dividend is good, then drop a lot at ex-div date. If the dividend is relatively small, wait and buy in afterward. Get in while the price is lower and hopefully not only collect profit, but also the next dividend if you choose to hold it. *not financial advice just observations*
Things like that affect price, as well as conflict, unrest or prosperity in regions, company announcements, or buyouts..the list keeps going and gets more specific. Gradually you'll be able to eyeball what is going on faster. Moomoo's in-depth charts for ask/bid price and volume are fantastic to basically see how many people are willing to pay a certain price and whether it is being driven up or down. Checking news and company announcements that are available on Moomoo is incredibly useful to get a jump on the rest as well. As I said gradually you can eyeball it all faster and have more confidence in your trades. Have a plan and feel confident about it.
And again, win or learn, don't lose! If a trade doesn't go to plan, as long as you actually learn something from it, it's not such a big loss. Use that to make better decisions next time. It gets easier and Moomoo Help and Customer Support is only a click away, they're fast, and always more than happy to help.
Listen up ladies...
Another reason I love Moomoo is the fact it's such a great trading community for women!!
We are increasing dramatically in numbers and believe me when I say unfortunately some other trading platforms are not as friendly or welcoming!
There are always exceptions to general socio-economic rules...I won't bore you with all the numbers there are too many! We all know the basics- we generally receive lower salaries, everywhere, in most industries. Even after the gender pay gap became blatantly obvious and is apparently 'being addressed by many governments the statistics are incredible. Women have also been more likely to save as opposed to investing, and a lot of us always saw it as a bit of a boys club so would actually have invested but in a traditional portfolio run by a broker (often a male)
Platforms like Moomoo have allowed us to not only take more interest but actually invest for ourselves. We can do our own trading and have the freedom to decide on a financial future. Let's be honest with huge gender gaps in pay leading to lower superannuation funds we have a bleaker retirement ahead. Add that to the time of having and raising children, also taking a huge chunk of superannuation and earning power, we definitely have a bleaker retirement! I have looked at statistics from all over the world and they all point in the same direction, albeit at different percentages. I can get into all that another time! Basically, after having my twins, my business and accounting diplomas had to take a back seat. It's not just the long-term financial security, it's also learning how to invest for yourself that becomes valuable! Looking at international markets, anyone can see female investors are growing in numbers. All around the world women are looking to the stock market as an investment for long-term security, around 30% of women invested for themselves less than 10yrs ago.... and all around the world that statistic is almost 100% higher now! well over 50% of women are investing as opposed to saving. (as I said the percentage varies from country to country but I've done a general average. If you'd like more precise numbers I'll be happy to help)
Moomoo is not only accepting but welcoming to everyone and I'm grateful that I get to invest not only for myself but IN myself. I'm blessed to see my 4 daughters growing up in a world that's evolving in such a way and that's who I'm trying to build something for. Believe me, I would love to get rich quickly but I'm content for now learning and hopefully growing wealth over a long-term period. I'm trying to teach my girls all these things. They tune out on fundamental or technical analysis right now. haha!... But a few tips do sink in immediately. They're 11 to 22 years old so they all take away very different things from my chatter about investing!
Interactive Activity
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2. Start a meaningful discussion
Topic: What else do you want to know about Sera? Any other topics you wanna discuss with her? Comment below to let us know.
Bonus: 1. 30 points for mooers who raise insightful and Sera-related questions
2. 70 points for Sera's every reply to mooers' questions
Duration: Now – Sep. 29 23:59 ET
(Rewards will be distributed within 5–10 working days after the activity ends.)
Notes: We encourage benign and in-depth interaction, from which all mooers can learn from each other, helping our community members be more courageous and not alone in the investing journey.
We truly appreciate @MamaLlamaDramafor sharing her valuable advice and inspiring experience with us! Feel free to interact with her if you have anything to say! Just in case you didn't know, you can also be the one to tell the story. Interested? Comment below to let us know! We'll contact you as soon as possible! Thanks for your time. See you next time!
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Disclosure: The testimonial provided herein may not represent other customers' experiences, and there is no guarantee of future performance or success.
Disclaimer: This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.
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Milk The Cow : Hahaha, the 1st thing remind me after seeing the pen
name, I thought is that youtuber gamer's mum.
, is not related 
.
But then, I read a bit of the background, nope
Milk The Cow : I'm not really sure about AU stock market. But what are their FAANG stock?
?
Being exposed to so many stock markets, how u rate the best in order
MooMamaLlama : hi!! Im not familiar in trading specifically faang on asx myself either, I tend to go for materials and minerals in ASX
this would be a good place to start to look at investing in faang stocks on asx- https://g.co/finance/FANG:ASX
MooMamaLlama : If you'd asked me earlier in the year I'd say HK market was better, cashing in on post lockdown profits was a good run
Right now, the stocks I was trading are either going down or stagnant, so I've focussed more on AU
MooMamaLlama : I've invested in AU primarily, then began investing in HK, (yep Alibaba got me first...damn honey trap!! lol), real estate and energy.
I spread out to dabble in Euro market also, for shipping, oil and gas. The horrid situation in Europe created some low points to get in on, such as BP and Shell.
I'm just trying to get a hold on global situations, investing smaller amounts in different markets, get a feel for how they all move. As an Australian our markets are always affected by Asia and Europe. We are still technically under British rule, but being part of Australasia that has a huge impact on our market as well. I know US market affects everybody also lol.
I think it is important for long term investing to understand how our markets move together, sanctions and tarrifs and tensions between governments etc.
ZnWC : Dear Sera,
for your impressive sharing and would like to hear your opinion about Financial Independent Retire Early (FIRE). Are FIRE your goal in investment?
I am amazed that you can look after your 4 girls and still have time to learn and invest. How do you manage your time (or multi-task) and maintain a healthy mental well-being knowing that being a full-time housewife can be stressful?
I love moomoo because of the great ETR (easy to read) resources and paper trading which gives me confidence to trade. Did you attend any online investment courses or join any investment webinar other than self-taught?
You mentioned about trading in AU, HK, Euro and US stock market. What platform do you use to trade in AU and Euro Stock market which are not available in Moomoo? What are the "blue chips" in AU market?
Lastly I would like to thank you
TRIUMPHANT RETURNS : Any opinions on Endeavour EDV {ASX}? Do u or friends shop at their stores or use their hotel?
12moon : Hi Sera,
Thanks for your lengthy write-up. Aussie equities are new to me. Can you share one Aussie blue chip which you have good investiing experience for me to explore? Also, is there a good ETF for passive investing in Aussie stocks? You like HK stocks, so do I, it is all about having good past investing experience. Cheers!
MooMamaLlama : Endeavour group own 2 of our largest alcohol chains BWS and Dan Murphy's. Havent stayed in their hotels as far as I know,... maybe under one of their different brands which is often the case?Honestly I have not lived anywhere that doesn't have one or both of their huge alcohol stores! usually within walking distance lol
Jimmy Brings deliveries is one that is taking off.
got me thinking to have a better look at it myself actually, cheers! they're always branching out and launching new things since splitting from parent company Woolworths
A new release MixIn was launched just this week I believe? its basically new ways for various digital and media marketing to reach consumers via their already enormous network in "Australia's largest drinks delivery system" Its quite clever. They are already everywhere, and often liquor stores or warehouses are side by side with a Woolies grocers. I've lived and stayed in some remote places and still, as soon as you find civilisation, there's a bottleO and a Woolworths
MooMamaLlama TRIUMPHANT RETURNS: everybody spends money at their stores in Oz whether they know it or not lol. Great question, thanks!!
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