Nigel Chong 庄证评
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It's been nearly a week since moomoo launched, and it's been a busy week addressing questions from the public. Therefore, I've created this post to clarify any doubts you might have!
Q: Is moomoo a Direct CDS or a nominee account?
A: Nominee account.
Q: I'm already a moomoo SG user, can I use the same phone number and email to register for moomoo MY?
A: Yes, you can activate the moomoo MY feature on your existing app and still use our link to open an acc...
Q: Is moomoo a Direct CDS or a nominee account?
A: Nominee account.
Q: I'm already a moomoo SG user, can I use the same phone number and email to register for moomoo MY?
A: Yes, you can activate the moomoo MY feature on your existing app and still use our link to open an acc...
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This Friday night from 8PM to 10PM, I will host a course briefing session on ZOOM
For many of you who have asked about the course before, now you can learn more about our operating model, and this course also comes with a discount!
Tomorrow's sharing session will discuss my investment experience and process. If I find some processes and case studies of skyrocketing stocks, I'll share many of the stocks we've mentioned in 2023.
Ncspace Investing Course Briefing Session:
1. Introducing Ncspace Investing
2. Introducing Nigel Chong
3. Share the process of how to find skyrocketing stocks?
4. Case sharing
5. Trend investing and value investing
6. Course details and offers
Registration link:welcome! You are interested to join a meeting: Ncspace Investing Course Information Session. After receiving, you will receive a confirmation email about joining the meeting.
For many of you who have asked about the course before, now you can learn more about our operating model, and this course also comes with a discount!
Tomorrow's sharing session will discuss my investment experience and process. If I find some processes and case studies of skyrocketing stocks, I'll share many of the stocks we've mentioned in 2023.
Ncspace Investing Course Briefing Session:
1. Introducing Ncspace Investing
2. Introducing Nigel Chong
3. Share the process of how to find skyrocketing stocks?
4. Case sharing
5. Trend investing and value investing
6. Course details and offers
Registration link:welcome! You are interested to join a meeting: Ncspace Investing Course Information Session. After receiving, you will receive a confirmation email about joining the meeting.
Translated
$Tesla(TSLA.US$
$Vertiv Holdings(VRT.US$
after earnings, both increase 10+%
interestingly, TSLA has been downtrend and VRT has been ongoing uptrend.
So the question is: do you think it is easier to go up for uptrend stock, or downtrend stock?
What is your thought? is this buyable over the gap up?
$Vertiv Holdings(VRT.US$
after earnings, both increase 10+%
interestingly, TSLA has been downtrend and VRT has been ongoing uptrend.
So the question is: do you think it is easier to go up for uptrend stock, or downtrend stock?
What is your thought? is this buyable over the gap up?
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Nigel Chong 庄证评
liked
Last week in review 👉🏻Market Review+Core Position Analysis (01/04-05/04 2024)
“If the index falls, but the stock setup surges and the breakthrough is effective, I'll buy the stock! But if the index hits new highs, and few stocks are set correctly according to my own standards, or few trades show progress, I'll hold a lot of cash... even if the popular average index soars!
How long will it take? It doesn't matter how long!!
Can you do that?
If that's not the case, then your chances of surpassing the market in trading leading stocks are slim.”
-Marc Minervini
A quick review of this week's markets:
$NASDAQ 100 Index(.NDX.US$ Funding is drawn on Tuesday and Thursday, and distributed on Wednesday and Friday;
$S&P 500 Index(.SPX.US$ Divided on Tuesday, distributed on Wednesday and Friday;
$Dow Jones Industrial Average(.DJI.US$ Divided on Tuesday and distributed on Friday.
NDX > SPX > DJI
A week of huge fluctuations. The daily chart we talked about a few weeks ago has almost been cut, and things don't develop “the way it should” every day. The DJI index crashed first. NDX and SPX formed a huge sky pool above the gap, facing a huge risk of being cut. If cut, then everything in the pool remains...
“If the index falls, but the stock setup surges and the breakthrough is effective, I'll buy the stock! But if the index hits new highs, and few stocks are set correctly according to my own standards, or few trades show progress, I'll hold a lot of cash... even if the popular average index soars!
How long will it take? It doesn't matter how long!!
Can you do that?
If that's not the case, then your chances of surpassing the market in trading leading stocks are slim.”
-Marc Minervini
A quick review of this week's markets:
$NASDAQ 100 Index(.NDX.US$ Funding is drawn on Tuesday and Thursday, and distributed on Wednesday and Friday;
$S&P 500 Index(.SPX.US$ Divided on Tuesday, distributed on Wednesday and Friday;
$Dow Jones Industrial Average(.DJI.US$ Divided on Tuesday and distributed on Friday.
NDX > SPX > DJI
A week of huge fluctuations. The daily chart we talked about a few weeks ago has almost been cut, and things don't develop “the way it should” every day. The DJI index crashed first. NDX and SPX formed a huge sky pool above the gap, facing a huge risk of being cut. If cut, then everything in the pool remains...
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I will be speaking for Bursa Webinar on next week on Zoom
I will be sharing on Mark Minervini’s VCP pattern, including how to read VCP, is it applicable in Malaysia market and most importantly why we use the pattern to trade.
If you wish to join the session, you may register here, the session will be conducted in Mandarin. Date will be on 15th April 830pm on Zoom.
See you there!
I will be sharing on Mark Minervini’s VCP pattern, including how to read VCP, is it applicable in Malaysia market and most importantly why we use the pattern to trade.
If you wish to join the session, you may register here, the session will be conducted in Mandarin. Date will be on 15th April 830pm on Zoom.
See you there!
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Nigel Chong 庄证评
liked
Q1 Monthly Earnings Breakdown 👇
Overall yield curve 👇
First quarter deal win rate and top 5 winners 👇
SMCI is a two-trade transaction. The main position size during the cycling phase is 12-13%, and there are currently no positions.
NVDA is a single transaction. The size of positions in the main cycling phase is 11-12%, and there are currently no positions.
KOLD is a single transaction. The position size during the main cycling phase is about 3%, and there are currently no positions.
CVNA is a single transaction. The main cycling stage position is about 3%, and currently holds the remaining 1/3 of the position.
META is a single transaction. The main cycling stage positions: 8-9%, currently holding 3/4 of the remaining positions.
*It is worth noting that KOLD and CVNA both received large returns with small positions of about 3%, showing the impact of huge psychological advantages on trading. Similar returns on low-risk transactions are of profound significance to account growth ❤️
Despite more or less making some trading mistakes in the first quarter, the account still had a good positive growth due to the trading system and psychological aspects and the advantage of avoiding noise.
System advantages:
Probability of winning trades X average return of winning trades > probability of losing trades X average loss of failed trades.
Only the 4 variables “average loss of a failed transaction” are the most controllable and are the foundation of a successful trading system;
Psychological advantages:
The impact on the “average return on a winning transaction” is most important. Most of the details are profit protection for advantageous transactions already obtained and safer riding for a longer period of time...
Overall yield curve 👇
First quarter deal win rate and top 5 winners 👇
SMCI is a two-trade transaction. The main position size during the cycling phase is 12-13%, and there are currently no positions.
NVDA is a single transaction. The size of positions in the main cycling phase is 11-12%, and there are currently no positions.
KOLD is a single transaction. The position size during the main cycling phase is about 3%, and there are currently no positions.
CVNA is a single transaction. The main cycling stage position is about 3%, and currently holds the remaining 1/3 of the position.
META is a single transaction. The main cycling stage positions: 8-9%, currently holding 3/4 of the remaining positions.
*It is worth noting that KOLD and CVNA both received large returns with small positions of about 3%, showing the impact of huge psychological advantages on trading. Similar returns on low-risk transactions are of profound significance to account growth ❤️
Despite more or less making some trading mistakes in the first quarter, the account still had a good positive growth due to the trading system and psychological aspects and the advantage of avoiding noise.
System advantages:
Probability of winning trades X average return of winning trades > probability of losing trades X average loss of failed trades.
Only the 4 variables “average loss of a failed transaction” are the most controllable and are the foundation of a successful trading system;
Psychological advantages:
The impact on the “average return on a winning transaction” is most important. Most of the details are profit protection for advantageous transactions already obtained and safer riding for a longer period of time...
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The stock market had a mixed day as we head into a long holiday weekend and the end of a busy spring break. The $NASDAQ(NASDAQ.US$ and $SPDR S&P 500 ETF(SPY.US$ both dropped a bit, while the $iShares Russell 2000 ETF(IWM.US$, which tracks smaller companies, saw some gains but didn't keep up its momentum throughout the day. Interestingly, the Russell 2000's rally earlier in the day helped the Nasdaq see more stocks reaching new highs, but this excitement cooled off mid...
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