How I Started Trading and Made $5,363 USD in May ‘24
I wanted to celebrate my 777th day with MooMoo 🐮 and recently, on my 803rd day, I finally bought my first MacBook 💻.
(Still waiting for the MacBook delivery. Got AI to generate one for me ![]()
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Initially, I aimed for an entry-level model, but after watching numerous YouTube reviews on the M3 chip's performance, I decided to pamper myself. My excuse? It's okay because it's all fully sponsored by my trading profits. It feels especially good when you buy $Apple(AAPL.US$ and get a MacBook 💻 fully sponsored by Apple.
Hello, Mooers! I'm CasualInvestor. I've been trading for over two years, starting my journey on MooMoo 803 days ago. My trading style evolved from stocks and cash funds to options trading, which offers the leverage and flexibility I need to maximize my returns.
I started my trading journey out of curiosity and a desire to better understand the financial markets. Initially, I focused on stocks and cash funds, which provided a solid foundation and a safer introduction to trading.
Over time, as I gained more confidence and knowledge, I transitioned to options trading. This shift allowed me to leverage my investments more effectively and target higher potential returns.
One of my most successful experiences was trading Apple derivatives, which significantly contributed to my overall profit.
Another is Tesla which i feel has lots of potential to ![]()
. Its always thrilling as the market movement is like 🎢. Free Tickets to the ride anyone? ![]()
Maybe next goal ![]()
Buy $Tesla(TSLA.US$ and get 🚗. So far enough for the wheels🛞 . However, just thinking about COE… ![]()
![]()
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My 1st MacBook 💻
Lessons Learned:
1. Research 🔬is Key: Thorough research and staying updated with market trends have been crucial in making informed trading decisions. Long term observation of the company and research on its fundamentals and geopolitical effects are equally important.
2. Stay Disciplined![]()
: It's easy to get swayed by market movements, but sticking to your strategy and managing risks are vital for long-term success.
3. Learn from Mistakes![]()
: Every trade, whether profitable or not, is a learning opportunity. Reflect on what worked and what didn’t to improve your future trades. (Setting stop loss was a lesson I hoped I started earlier.![]()
Bought $AMC Entertainment(AMC.US$ at 25 and it dropped to 3 soon after ![]()
. Did covered calls to slowly earn back until the recent stunt ![]()
)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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2024H1 Moomoo Alchemist
Investing casually and learning as I go.
My journey to double my 💰at the min.
While sharing journey w kindred souls.
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BeautyWolf : good for you！ I wanna have apple ‘sponsor’ me a Mac computer as well![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
CasualInvestor OP BeautyWolf : You can do it too. Learn more and trade with a strategy for both entry point, profit taking and stop losses. Don’t be afraid to make mistakes, as it only makes us grow stronger.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
If you’re early into trading. Don’t touch options especially the Sell side. High risks for many.
Wang Wang Wang : Glad to hear your successful journey, can share more on how to place the stop loss on our trade?
CasualInvestor OP Wang Wang Wang : Sure. 2 methods 1. As a stop limit 2. As an attached order to the main buy order.
Wang Wang Wang CasualInvestor OP : Thanks for sharing
, wishing you Heng, Ong Huat together 
CasualInvestor OP Wang Wang Wang :
adventurous Liger_78 : Can I learn from u?
CasualInvestor OP adventurous Liger_78 : Sure we can all learn together.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Learning Uncle : inspiring.. do you mind sharing how you do research and decide on the underlying to invest and trade for option? thank you.
CasualInvestor OP Learning Uncle : Click on the below link as I feel MooMoo gives a lot of premium knowledge and easy navigation to the topics that you’re looking to learn.
For me if you stick to major companies such as Apple, Meta these well established companies. I stick to geopolitical factors and look for news updates to determine the future effects as it will affect and impact stock.
Advanced Financial Analysis for US Stock Investing
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