About a month as a registered MooMoo app user. Today I shared my simple trading strategy (NASDAQ market) as a beginner ⬇️
✅ Analyze Previous Day Top Losers with huge volume
✅ Identify Support/Resistance
✅ Check Price Gap (if any)
✅ Explore latest News
✅ Set Buy Limit below or lowest price gap (entry)
✅ Set Trailing Stop (20% ratio)
✅ Sit Back and Relax 📈 😁

Horizontal trading can also = Profits
Click and support.
When the trading day shows a deep dive, check the TA and if the supoort holds steady showing either a rebound likely or horizontal trade opportunity.
Initial position: After the huge stock Dive, Was looking at a short upward spike or horizontal trading day. Bought some calls while observing the market movement.
Day Trading on soon to expire options: My strategy, As the initial Trading movement shows horizontal move...

I try as much as possible to make fundamental data driven decisions when buying and selling. I still strongly believe in time in the market over timing the market but lately I have been trying out TA to catch the waves with some small success
What helped me make my trading decision was looking at the support level to determine my entry & resistance level to determine my exit. Looking at the inflow and outflow data also helps
Looking forward to next week when Nvidia will re...

CPI in the United States decreased to 3.40 percent in April from 3.50 percent in March of 2024. Core consumer prices in the US increased 3.60 percent in April of 2024 over the same month in the previous year, down from 3.80% in March.
Food costs were up 2.2% compared with one year ago, consistent with last month.
Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.
Used cars and t...

A big congratulations to Moomoo Singapore for reaching 1 million users! What a huge milestone!
1. What attracted me to join 🐮🐮?
I first heard of 🐮🐮 when I saw the commercial in the Shaw cinema but I only finally joined in 2022 after my sister referred me during the fight inflation promo where users can get 2SGD every day for an entire month
Subsequently I tried out various features of 🐮🐮 & decided to stay for the fantastic moo community...

After three years of bumpyness, valuations in the Chinese market appear notably low compared to other emerging markets. Investors who would like to take exposure to China equity should consider using "cheap options" to benefit in the country's potential recovery, say strategists at JPMorgan Chase on Monday.
The report indicates a preference for buying options on broad market indices as a readiness strategy for a potential cyclical uptre...