Rookies Reveal | A software engineer trades stocks to buy Hermès bags for his wife ❤
Hi, mooers. Welcome to Moomoo Rookie Showcase, where we present the newest mooers' insights and their trading journey on moomoo.
In this edition, we'll explore the trading journey of @起飞在今朝(David). Let's explore his trading growth journey together, which tools from moomoo have been particularly helpful to him, and what insights we can gain from his actual trading profit and loss cases. We invite everyone to share your thoughts in the comments section after reading this issue. There are also points available for your active participation.
To help us continue to interview more moomoo rookies in the moomoo community and bring their stories to you, please like ❤, save⭐, comment💬 on this post and follow our account✅! Your support will encourage us to create more great content!
*Disclaimer: All views expressed in the Mooers' Stories are the independent opinions of guest, which do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI, or its affiliates. No content shall be considered financial advice or recommendation. Investments involve risk. Full disclaimers are available at https://www.moomoo.com/my/support/topic9_37. The guest has not been paid for this interview. The testimonial provided herein may not represent other customers' experience, and there is no guarantee of future performance or success.
Get to know David
🎤 Hi David, nice to meet you. Could you please briefly introduce yourself to mooers?
Hello everyone, I'm David Liu, 38 years old, currently residing in the United States. By profession, I am a software engineer. For the past two years, I have immersed myself in the world of trading, specifically honing in on short-term strategies. My primary focus has been on stocks such as $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ , which offer substantial opportunities for keen traders. A personal motivator for my trading endeavors is my wife's fondness for Hermès products. I'm driven to succeed in the stock market to indulge her love for these luxury items. After all, nothing is more rewarding than seeing her happy. I have two Shiba Inus named Nana and Leo; they're a delightful pair of Shiba spouses. Not too long ago, they had a litter of charming little Shiba puppies, all of whom have now found loving homes with some of my friends, haha!
Hello everyone, I'm David Liu, 38 years old, currently residing in the United States. By profession, I am a software engineer. For the past two years, I have immersed myself in the world of trading, specifically honing in on short-term strategies. My primary focus has been on stocks such as $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$ , which offer substantial opportunities for keen traders. A personal motivator for my trading endeavors is my wife's fondness for Hermès products. I'm driven to succeed in the stock market to indulge her love for these luxury items. After all, nothing is more rewarding than seeing her happy. I have two Shiba Inus named Nana and Leo; they're a delightful pair of Shiba spouses. Not too long ago, they had a litter of charming little Shiba puppies, all of whom have now found loving homes with some of my friends, haha!
Beginnings and Opportunities
🎤 When did you start trading, and what or who inspired you to begin?
I jumped into trading back in 2024, mainly because the U.S. elections were creating a lot of buzz and really piqued my interest. I kicked things off with a modest $5,000, thinking it was enough to dip my toes in the water without going all in. As I got the hang of things, I felt more confident and ramped up my investment to $50,000. Initially, I was aiming for a modest 5% return, thinking it was a realistic goal for a beginner like me. However, by the start of this year, I found myself down by 9.95%, with over 90% of that loss coming from a single stock, $Tesla (TSLA.US)$ , which was highly volatile and tested my patience more than I could handle. On a brighter note, I did manage to make some good calls with other stocks like $NVIDIA (NVDA.US)$ and $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ , which helped offset some of the losses. I also share my trading updates on the moomoo community platform. Feel free to follow me or add me as a friend there, and we can share more trading tips and insights!
I jumped into trading back in 2024, mainly because the U.S. elections were creating a lot of buzz and really piqued my interest. I kicked things off with a modest $5,000, thinking it was enough to dip my toes in the water without going all in. As I got the hang of things, I felt more confident and ramped up my investment to $50,000. Initially, I was aiming for a modest 5% return, thinking it was a realistic goal for a beginner like me. However, by the start of this year, I found myself down by 9.95%, with over 90% of that loss coming from a single stock, $Tesla (TSLA.US)$ , which was highly volatile and tested my patience more than I could handle. On a brighter note, I did manage to make some good calls with other stocks like $NVIDIA (NVDA.US)$ and $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ , which helped offset some of the losses. I also share my trading updates on the moomoo community platform. Feel free to follow me or add me as a friend there, and we can share more trading tips and insights!
🎤 What was your initial understanding of trading?
Initially, I thought trading was all about the basic idea of buying low and selling high. I figured it was just a matter of catching those price differences to make a profit.
Initially, I thought trading was all about the basic idea of buying low and selling high. I figured it was just a matter of catching those price differences to make a profit.
🎤 When did you join Moomoo, and what led you to choose this platform?
I signed up for Moomoo in November 2024 after watching a recommendation from a well-known stock market vlogger on YouTube. What really drew me to Moomoo was its trading hours; you can start trading as early as 1 AM PST. This was a game changer for me, especially compared to Fidelity, my previous platform, where trading didn’t start until 4 AM. This early start means I can react faster to global market changes, which is a huge plus. Click to learn more about trading hours for US stocks.
I signed up for Moomoo in November 2024 after watching a recommendation from a well-known stock market vlogger on YouTube. What really drew me to Moomoo was its trading hours; you can start trading as early as 1 AM PST. This was a game changer for me, especially compared to Fidelity, my previous platform, where trading didn’t start until 4 AM. This early start means I can react faster to global market changes, which is a huge plus. Click to learn more about trading hours for US stocks.
🎤 How did you learn to invest after starting to use the Moomoo platform? Which tools or resources were particularly helpful?
I found the market position and order book data particularly useful. These tools helped me to trade more strategically rather than just relying on gut feelings or basic price movements. If you are not familiar with these features, you can check out the official moomoo introduction articles below.
- Market Position Overview
- US stocks order book
- What is Level 2 Market Data?
I found the market position and order book data particularly useful. These tools helped me to trade more strategically rather than just relying on gut feelings or basic price movements. If you are not familiar with these features, you can check out the official moomoo introduction articles below.
- Market Position Overview
- US stocks order book
- What is Level 2 Market Data?
🎤 Do you remember your first trade on Moomoo? What was the rationale behind the choice of stock and how did you decide on the buy and sell points?
Absolutely, my first trades on Moomoo were with $Trump Media & Technology (DJT.US)$ and $Tesla (TSLA.US)$ during the election period. I chose these stocks mainly because of their high volatility at the time, which created numerous opportunities to buy low and sell high. My strategy was primarily focused on day trading, looking to capitalize on short-term price movements throughout the trading day. I kept a close eye on market trends and news that could influence stock prices, using them to guide my decisions on when to enter and exit trades.
Absolutely, my first trades on Moomoo were with $Trump Media & Technology (DJT.US)$ and $Tesla (TSLA.US)$ during the election period. I chose these stocks mainly because of their high volatility at the time, which created numerous opportunities to buy low and sell high. My strategy was primarily focused on day trading, looking to capitalize on short-term price movements throughout the trading day. I kept a close eye on market trends and news that could influence stock prices, using them to guide my decisions on when to enter and exit trades.
🎤 How has your experience been on the Moomoo platform? Which specific features have helped you make wise trading decisions? Any suggestions for improvement?
My experience on the Moomoo platform has been positive, largely due to its robust trading tools such as the stop-loss and limit order features. These have been instrumental in managing my trading risks effectively. The ability to adjust stop-loss orders upwards as the market moves in my favor has been a particularly valuable strategy, allowing me to lock in profits systematically and protect my gains. This feature enables precise control over my trading positions, ensuring that I can execute my trading strategy more effectively. It helps in minimizing potential losses and maximizing profits.
My experience on the Moomoo platform has been positive, largely due to its robust trading tools such as the stop-loss and limit order features. These have been instrumental in managing my trading risks effectively. The ability to adjust stop-loss orders upwards as the market moves in my favor has been a particularly valuable strategy, allowing me to lock in profits systematically and protect my gains. This feature enables precise control over my trading positions, ensuring that I can execute my trading strategy more effectively. It helps in minimizing potential losses and maximizing profits.
You might not be aware that Moomoo offers a variety of different order types, and you might not know the differences between them either. I'd suggest taking some time over a weekend to really dive into understanding these. After all, one of the key steps in trading is getting familiar with the tools you're using. It could really make a difference in how effectively you manage your trades. Click to learn more about moomoo order types
Trading Skills and Experience
🎤 Could you share some insights from the intraday trading charts you've posted in the Moomoo community?
I often look at key moving averages such as the 200-day, 100-day, and 5-day lines because they're really important. Usually, if there's a consolidation at lower price levels, it could hints at an upcoming rise. On the flip side, consolidation at higher levels might signal a potential drop. These patterns are generally good bets, BUT keep in mind, there are always exceptions to the rule.
I often look at key moving averages such as the 200-day, 100-day, and 5-day lines because they're really important. Usually, if there's a consolidation at lower price levels, it could hints at an upcoming rise. On the flip side, consolidation at higher levels might signal a potential drop. These patterns are generally good bets, BUT keep in mind, there are always exceptions to the rule.
🎤 What challenges have you faced in trading, and how have you adjusted your strategies to overcome them?
Patience really plays a huge role, particularly when dealing with stagnant stock prices. It's better to miss out on some gains than to make a hasty decision and suffer losses. On April 2nd, I went in with a 2X short on $Tesla (TSLA.US)$ , betting on a drop after the expected tariff announcement. The stock did fall early on, but to my surprise, it surged during the trading session, leaving me in a tough spot at $354. At its peak, I was nearly down 30%, but I held my ground and didn't sell. Later, as tariffs intensified on Thursday and Friday, I gradually recouped my losses and ended up making a profit. It was a nerve-wracking process, and there were several moments when I was tempted to sell, but sticking it out paid off. If I had held on a bit longer, the returns could have been even better. This trade involved a huge swing of about 40%, making it quite a challenging one.
Patience really plays a huge role, particularly when dealing with stagnant stock prices. It's better to miss out on some gains than to make a hasty decision and suffer losses. On April 2nd, I went in with a 2X short on $Tesla (TSLA.US)$ , betting on a drop after the expected tariff announcement. The stock did fall early on, but to my surprise, it surged during the trading session, leaving me in a tough spot at $354. At its peak, I was nearly down 30%, but I held my ground and didn't sell. Later, as tariffs intensified on Thursday and Friday, I gradually recouped my losses and ended up making a profit. It was a nerve-wracking process, and there were several moments when I was tempted to sell, but sticking it out paid off. If I had held on a bit longer, the returns could have been even better. This trade involved a huge swing of about 40%, making it quite a challenging one.
🎤 Could you share a memorable trading experience, detailing a successful and a challenging trade?
One of my most challenging trades recently involved $NVIDIA (NVDA.US)$ . Despite a lot of skepticism in the online community and no major shifts in the company’s fundamentals, I decided to build up my positions gradually. It was a tough decision that really tested my patience and analysis skills, but it turned out to be quite enlightening.
One of my most challenging trades recently involved $NVIDIA (NVDA.US)$ . Despite a lot of skepticism in the online community and no major shifts in the company’s fundamentals, I decided to build up my positions gradually. It was a tough decision that really tested my patience and analysis skills, but it turned out to be quite enlightening.
On the flip side, one of my most successful trades was with $Tesla (TSLA.US)$ . I managed the trade around specific price points—$380, $400, and $420—capitalizing on multiple opportunities to lock in profits. My trading approach is generally cautious with high-volatility stocks; I prefer not to hold them overnight to avoid potential losses from unexpected market movements after hours. This strategy has significantly helped in reducing risk while allowing me to benefit from intra-day price movements.
Advice & Future Plan
🎤 Do you have any advice for beginners in trading?
Start by keeping an eye on the financial reports of individual stocks. Pay particular attention to recent news that could trigger market fluctuations. Additionally, strive to understand the broader economic conditions and cycles over the long term. This foundational knowledge will help you make more informed decisions in the stock market.
Start by keeping an eye on the financial reports of individual stocks. Pay particular attention to recent news that could trigger market fluctuations. Additionally, strive to understand the broader economic conditions and cycles over the long term. This foundational knowledge will help you make more informed decisions in the stock market.
🎤 Can you share a bit about your plans for continuing to learn about trading?
Although I'm currently only trading stocks and not planning to trade options, I am learning about how options trading can impact stock prices. This knowledge could be very beneficial in the future. So, if you're also exploring options trading, I'd love for us to exchange ideas and learn together!
Although I'm currently only trading stocks and not planning to trade options, I am learning about how options trading can impact stock prices. This knowledge could be very beneficial in the future. So, if you're also exploring options trading, I'd love for us to exchange ideas and learn together!
Share your thoughts and win rewards 🎁
From now until 2025/05/30, join the conversation in the comments section. You can either share a successful and a challenging trade on moomoo or a useful product you've used while on moomoo. The first 200 participants to leave an on-topic comment will receive 30 points each.
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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. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.
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. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Mooers Lab OP : Share your thoughts and win rewards
From now until 2025/05/30, join the conversation in the comments section. You can either share a successful and a challenging trade on moomoo or a useful product you've used while on moomoo. The first 200 participants to leave an on-topic comment will receive 30 points each.
that April Fool : to buy a Nvidia gpu
mieapex :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
奥特韭 : Have a hearty meal.
All in Man : $NVIDIA (NVDA.US)$$Tesla (TSLA.US)$ are also my favorite stocks. I continue to be optimistic about them. I want to learn from you too. I'm working hard to make money to buy bags for my girlfriend, haha![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Meltyy : Loving the Hermès bag story! Trading for luxury, now that's a goal.
I love this feature—it gives me great inspiration for stock picking!
Singh Rahul : Finally hit my first 20% gain on moomoo with a solar stock! But that biotech play? Oof, still nursing that loss. Love the community here—what’s your fave Moomoo feature for avoiding pitfalls?
MACKGforEver : Just cashed in 30 points from Moomoo’s last promo—this one’s even better!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
NSIKAN DICKSON : good thing is coming $Globalstar (GSAT.US)$
103826785sofia : buy GPU
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