Congratulations on 11 Anniversary! Best feature for me is the real time quotes for the various markets that i can invest in, and Its free of charge!
moo moo bull…
1) If u cannot stomach the risk (10% to 30% movement usually), stay away from risky trades.
2) There will usually be a few top gainers or losers with very high volume (especially top gainers). Try not to chase the top losers thinking a rebound will surely happen after such a big dip, most often than not, it doesn’t happen.
3) If u are trying to day trade the top gainers with large volume, I would suggest setting a few targets to sell, e.g 1st target: 5%, 2nd target: 10%, final target: 20%, depending on your risk appetite. Amount of shares to sell for each target point depends on your personal risk appetite.
Remember, don’t be greedy!!
4) Set a cut-loss price!! Don’t hold and end up bag-holding with no liquidity to trade! Liquidity is most important for short-term traders. You can also consider a few cut-loss price targets just like point 3 above. Sometimes, the top gainers stocks with large volume can drop fast, but can also rebound fast. Selling some during cut-loss while holding some may help you to regain your loss during the rebound!
5) Remember to withdraw your profits every now and then! You can spend them and be happy! or you can stash them for future trades when market crash/correction (be patient for such instances) Don’t keep pumping all your profits for the next trade! Greed can cost you a lot in the stock market!
Happy trading Moo Moo traders 😊🎉🎊🍾
2) There will usually be a few top gainers or losers with very high volume (especially top gainers). Try not to chase the top losers thinking a rebound will surely happen after such a big dip, most often than not, it doesn’t happen.
3) If u are trying to day trade the top gainers with large volume, I would suggest setting a few targets to sell, e.g 1st target: 5%, 2nd target: 10%, final target: 20%, depending on your risk appetite. Amount of shares to sell for each target point depends on your personal risk appetite.
Remember, don’t be greedy!!
4) Set a cut-loss price!! Don’t hold and end up bag-holding with no liquidity to trade! Liquidity is most important for short-term traders. You can also consider a few cut-loss price targets just like point 3 above. Sometimes, the top gainers stocks with large volume can drop fast, but can also rebound fast. Selling some during cut-loss while holding some may help you to regain your loss during the rebound!
5) Remember to withdraw your profits every now and then! You can spend them and be happy! or you can stash them for future trades when market crash/correction (be patient for such instances) Don’t keep pumping all your profits for the next trade! Greed can cost you a lot in the stock market!
Happy trading Moo Moo traders 😊🎉🎊🍾
21
2
first day close price Up!! 30% up from IPO price