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 ...
Here’s a trading journal entry for your MSFT trade today. Trading Journal: August 27, 2025 Stock: Microsoft (MSFT) My Plan I was looking at MSFT on the daily chart and saw a few signals that caught my eye. The price is heading towards the lower Bollinger Band, which is around $500, a level that often acts as support. At the same time, the RSI (Relative Strength Index) is at 30. This usually suggests the stock is getting oversold and could be due for a bounce. The OBV (On-Balance Volume) is in the lower half, confirming there's been selling pressure. With the current price at $502.04 and the fair value estimate for the stock being somewhere between $600 and $623, this dip looks like a good buying opportunity to me. My Trades * I placed my first buy order at $501.50 to get in on the potential bounce. * The price continued to drop after that, so I decided to add to my position at a better price. I queued a second buy order on another account at $498. Market News There wasn't an...
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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