Interesting question yesterday, about my statement of getting a “margin call” and a “forced liquidation”, if this is only a paper or practice trade format?
Moomoos paper trading has to mirror the REAL THING, otherwise how can we have confidence or trust in our own trading strategies? Our trades must show the consequences; good bad or neutral and prove if our trades will be profitable in the “Real World”!
Moomoos paper trading has to mirror the REAL THING, otherwise how can we have confidence or trust in our own trading strategies? Our trades must show the consequences; good bad or neutral and prove if our trades will be profitable in the “Real World”!
Another forced liquidation on my account!!! What’s going on??? Maybe my trading strategy is to aggressively positive?? Maybe im not paying attention to the volatility of my particular stocks that im trading? But inspite of these two days of setbacks or margin calls, how should i feel about over 340k in profits for today? What if this was real money, how would you feel?
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Today was maddening lol
After forced liquidation; fought hard, without emotion or desperation!!
if this was real money, anyone would be estatic with a quarter million in profits for a wild market day!!
Right???
if this was real money, anyone would be estatic with a quarter million in profits for a wild market day!!
Right???
After another margin call; hard fight for a mediocre gain; for a Friday that is!
After a couple of margin calls, it was a manic day; my bad habits!!
Moomoo paper trades, allow you to test your resolve on sticking to the trading strategy, regardless of the emotional reaction, when we see red numbers. It’s taught me not to fall in love or get attached to one particular stock or industry, but to measure its value by its profit potential!!
Moomoo paper trades, allow you to test your resolve on sticking to the trading strategy, regardless of the emotional reaction, when we see red numbers. It’s taught me not to fall in love or get attached to one particular stock or industry, but to measure its value by its profit potential!!
With the Volatility in the market today, gains were predictable by looking at the higher gains in the low caps. Took advantage of the tech and biotech trades as well. became a little to aggressive and loss 500k at the close; however I’m positioned to gain in overnight maintenance trades. I’ll see what the cat drags in, in the morning!!!
Was in the red numbers, most of the day. It got do bad that I had a “Margin call” early in the day! Didn’t get emotional nor let it get me to sell off! Changed to some numbers, that made more sense for the close and my instincts, proved again that staying true to your trading strategies will always produce positive numbers or profits! Have a couple of stocks that I’m excited for, tomorrow morning!
After Yesterday’s 300k loss; came back overly aggressive and made it all back with a positive gain of 700k. MooMoo’s paper trading provides a very nonemotional trading attitude. It not only lets you read the news on the stock and determines the appropriate trade, but you can always double up!!!
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