Learning through setbacks
2022 has been a challenging year to say the least. It was also my first full year in US market. My portfolio has been in the red for long periods of time. ![]()
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Nevertheless it has been a learning uear as well for me. Using MooMoo + guidance from my brother, I learned to sell put options to earn some pocket money.![]()
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However, this also came with its own challenges. Take $Bank of America(BAC.US$ for example, I never expected my short put to be assigned. This led to me nearly experiencing my 1st margin call.![]()
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Yet, because of this I had the opportunity to learn sell covered calls to cover some of my losses.
MooMoo's Money Market Fund offering represents a great opportunity for my idle funds to grow rather than rot in a savings account. $Fullerton SGD Cash Fund(SG9999005961.MF$ & $CSOP USD Money Market Fund(SGXZ96797238.MF$ are amazing ways to grow my idle funds while I wait for my opportunity.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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whqqq : No pain no gain. God bless you!
木子李 : Is it a good choice to hold this year's market for a long time is it possible for me to lose money after the year
Moo Bull 102206726OP : I've been losing money for a long time. I had to rely on selling some input to earn some pocket money
木子李 Moo Bull 102206726OP: It's not a good choice to hold the market for a long time these two years, and it's easy to get a duvet cover. Unless you start at a low price
股神-老道士 Moo Bull 102206726OP: I could see at a glance that there was a problem with the method; otherwise, I wouldn't have lost money like this