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My Rewarding Journey with Moomoo

1) What attracted me to join Moomoo?

I joined Moomoo in March 2021 and have never looked back since then. I was initially drawn to Moomoo by its free $Apple(AAPL.US)$ share welcome reward upon onboarding, but have since grown to enjoy its competitive pricing, especially its offer of perpetual zero-commission charge for US stocks and ETFs. I also appreciate the efforts by the Moomoo team in continually enhancing the platform functions and features like introducing more investment choices besides stocks, such as options, futures and funds, enabling me to diversify and hedge my portfolio. I also like its neat layout which helps me to view my portfolio and profitability at a glance, as well as its versatile trading tools and timely news feed to aid my analysis. Last but not least, its vibrant community promotes discussion and sharing of ideas, and rewards users with exciting prizes that include free shares! The various investment courses and seminars hosted by Moomoo also help to promote financial literacy and help me to gain insights on the latest market trends, individual stocks, different investment vehicles and useful tools.


2) My investment on Moomoo and journey with the platform

Among my first trades on Moomoo were $Sembcorp Ind(U96.SG)$ and $OCBC Bank(O39.SG)$ , both of which have been rewarding investments for me, and buying them on Moomoo had kept my costs low, allowing me to maximise my gains. Sembcorp Industries has been a multibagger for me, and I intend to hold it for long to let the winner run while I collect dividends along the way.
My Rewarding Journey with Moomoo
I'm glad that Moomoo listens to its users and has introduced stock cash vouchers that can be redeemed with Moomoo points accumulated by completing tasks and participating in community events, as the vouchers help to further offset my cost of investing.


3) Investment goals I hope to achieve with Moomoo and how the platform could support


One of my investment goals is to build up a sizable portfolio on Moomoo that consists of value and growth stocks, as the former will help to generate more passive incomes while the latter will help to grow my capital over time. I also look forward to studying and trading options and futures on Moomoo, as I have learnt that they can be useful means to diversify risks and hedge the underlying assets.

When buying US stocks, an issue that I've encountered is the hassle of converting SGD to USD first and the forex risk if the trade in US stock could not be executed. It would be great if Moomoo could help me to avoid the forex risk in case of unexecuted trade by earmarking the necessary SGD based on prevailing exchange rate and deducting them automatically based on the real-time exchange rate only upon successful trade execution. In this way, if the trade is not completed, I will not be left with USD funds and be subjected to unnecessary forex risk. This feature will help to encourage users like me to place orders denominated in foreign currencies without worries about unnecessary forex risks if their trades are not completed.


I also look forward to more artificial intelligence features on Moomoo, such as trading ideas or recommendations on option strategies to mitigate risks based on prevailing market conditions. This will support investors like me to navigate the evolving markets more confidently on Moomoo.

I've benefited and enjoyed investing on Moomoo and look forward to continuing my investment journey with Moomoo for many more years to come!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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