Is Moomoo a Cash or Margin Trading platform? The app is a little confusing. I see the word Margin everywhere until I place a trade do I see the word Cash! 🤨 Today I placed my first trade on Moomoo. This is how I figured it out. ✅ Changing SGD to USD - Go to Trade, US Margin Account, Currency Exchange to change all my SGD2700 deposit to USD. The process took less than 5 minutes. ✅ Buying a stock - Go to the stock. Tap on Trade. Choose Limit or Market. Key in price and quantity. Unlock Trade. Then tap on Buy. A notification appears telling me that whether the trade is cash or margin. The funds available will be used for cash trading. If funds are not enough, then a certain number of shares will go into Margin trading. ✅ Monitoring Stocks - To monitor potential stocks to buy, go to the watch list in the Quotes tab. To monitor stock holdings and orders pending, go to the Trade tab. Today, I will not venture into Margin trading and stick to whatever funds I have for ...
One advantage of the smaller Supertrend parameters is that we get more timely entries and exits... When we lower the Supertrend parameters, we need to use another indicator to reduce the whipsaws and usually it ends up being an oscillator as oscillators are leading indicators. Supertrend(10,3) when combined with RSI(14) does not work so well, but if we combine RSI(7) with Supertrend(5,1.5), it gives interesting results and eliminates a lot of false signals. The general rule can be described as follows: RSI followed by Supertrend rule: Buy, if you get a Buy signal in RSI(7), followed by a Buy signal in Supertrend(5,1.5) within 2-3 candles. Sell, if you get a Sell signal in RSI(7), followed by a Sell signal in Supertrend(5,1.5) within 2-3 candles. Source: https://www.investarindia.com/blog/supertrend-indicator-strategy-with-formula/ What to buy today? Koufu S$0.68 (first pull back from green supertrend) American Airlines US$13.73 General ...
Should I buy SXTC at US$0.29? 1. It's a stock market rumour . 2. A green supertrend appeared yesterday. 3. It is cheap and has the potential to go to $1. Why not give it a go because there is not much to lose. - the rookie trader PS: I queued for SXTC 1,000 shares at US$0.29.
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