Hi, mooers. Welcome back to Mooers' Stories, where we present mooers' insights and experiences. As the dust settled on the Moomoo US Stocks Paper Trading Competition in Malaysia, @Jcheng01 surged ahead to claim the top spot.
Winning the first prize wasn't a stroke of luck, it might be attributed to the calculated moves and a unique approach. Intrigued by his ascent, we got him on board fo...

Four top chipmakers on Tuesday introduced their latest products ahead of the CES 2022 tech conference.
$Advanced Micro Devices(AMD.US)$:
the company's new notebook processors will offer a big performance boost over its current-generation chips.
They are delivering an average of 1.3 (times) faster performance compared to the 5000 series across a wide range of compute-intensive benchmarks."
AMD also previewed its next-generation processor...

awesome, bought a few $SoFi Technologies(SOFI.US)$ SOFI 15 calls for this week after everything started running up and and SOFI is the only fintech that is only up 1% and cannot crack 14.8. meanwhile VISA/USPTART/AFFIRM are mooning, despite citis 20 target and student loans coming soon.

I started my investment journey in Aug 2021. Been there in both Moomoo and Tiger promotions. Moomoo's app GUI and typesetting won me over with the ease of use. The multitude of functions such as Options Trading, Level 2 quotes and Stock Analysis aided me tremendously in my trading journey. Allow me to recap my five months of learning journey:
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Chapter 1: Noob Start in Local and My 1st Option Trade  - Aug 2021
My initial strategy is to invest into local market: (1) Invest in Bank and REITS.
"Could be better" Trade: FOMO into dividend bank stock $OCBC Bank(O39.SG)$ and been bag-holding till now. Did not know that after ex-dividend, the stock will usually tank equivalent to dividend amount.
In the same month, I learnt about Options Trading. I made my 1st CSP on $Coinbase(COIN.US)$, and closing early to make a tidy profit. I also learnt that I do not need to maintain full securities to cover CSP as Moomoo allows Margin account to cover the principal.
Transaction
Note: Moomoo is great to support both Cash Secured Puts (CSP) and Covered Calls (CC) which will allow the possible implementation of Wheel Strategy.
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Chapter 2: Options and it's danger - Sep to Oct 2021
Revised Strategy: (1) Invest in Bank & REITS (2) Income through Selling Puts
I intensified on Options trading specifically on selling puts to generate income. Although CSP provides premium as income stream, there is a risk of unlimited downside if the underlying stock price goes down quickly. This happened to me when $Adobe(ADBE.US)$ tanked from 600+ to 500+.
Learning Point: Be cognisant of unlimited downside risk for selling puts. Learn how to roll down and out if needed. Disclaimer: DYODD
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Chapter 3: Discovering joy of Scalp Trading - Nov 2021
Enhanced Strategy: (1) Invest in Bank & REITS; (2) Income through Selling Puts; (3) Scalp Trading
I started day trading in Nov. I learnt about basics of technical analysis and uses candlesticks, EMA and VWAP for Scalp trade. In Nov, I made a total of 131 trades with ~1.65 mil in turnover . However, I only made 0.18% in profits which is good enough for me.
Transaction Stats
Good Trade: $BioNTech(BNTX.US)$ Took the scalp trade on 3 green 🕯. Exited quickly after 3 mins trade
Learning Points: Separate investment and trading, Curb emotions, do not FOMO, set Stop Limits for both profits and losses, Accept losses gracefully.
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Chapter 4: Leaps into the future - Dec 2021
Tweaked Strategy: (1) Invest in Bank & REITS; (2) Income through Selling Puts; (3) Scalp Trading and (4) Control future with LEAPS
The last month of 2021 saw extreme volatilities in equity market. My long-term portfolio shrank by 15%. I added another option strategy: LEAPS into my investment plan. LEAPS entails buying long option calls deep into future (1 year or more). I added two stocks that I feel that will rise by Jan 2023: $Palantir(PLTR.US)$ $SoFi Technologies(SOFI.US)$
Tips: Buy ITM LEAPS when the underlying stock price is low or reached certain pressure lines. Disclaimer: DYODD
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In Summary
It has been a rewarding and fruitful learning journey in investing. Although I missed out the initial QE ride last year, the painful lessons I learnt now in 2021 will be useful for my future trades. I will continue to fine-tune my investment strategy to improve my expertise in 2022.
Many thanks to Moomoo for the great contents such as News, Courses, Seminars etc and not forgetting the selfless sharing of experiences by fellow Moo-ers!!
"Looking forward from Moomoo":
(1) Advanced options strategy such as Iron Condor and Credit Spreads
(2) Crypto Trading

Re-entered trading again after a long break. A long break. Last time I was trading stocks $Plug Power(PLUG.US)$ was 0.56 per share. I really wish I still had some of thousands of shares i once owned. That spike to 75.00 in January would've been fun. I learned that you need to be patient. Like patient for years! Too many people looking to get rich quick. And although that would be nice you can't bank on that happening. Getting into ETF's is where I'm at lately. $Dbx Etf Trust Xtrackers Msci Usa Esg Leaders Eq Etf(USSG.US)$ $Dbx Etf Trust Xtrackers S&P 500 Esg Etf(SNPE.US)$ are my 2 main ones. I also own some $Costco(COST.US)$. I'm looking for the market to have a bit of a dip next year so I can continue to gobble up shares at a lower price and then I expect to cash in in three to four years or after the next bull run whenever that is.