Tiger Friday: What Are Your Investing Tips for Beginners?
Hey, Tigers!
Not everyone can be an expert when it comes to investment planning. Even a first-time investor can make the most of their investments with some basic investment tips. Today,I would like to invite Tiger users to give reliable advice to new investors & win Tiger coins.📢Activity Details
Please leave a message in the comments section of this post, and offer reliable advice to new investors.
- How do you pick stocks?
- When should you buy or sell stocks?
🎁Prizes
- All Tigers who comment on the following post will receive 30 Tiger Coins.
- Repost and tag your friends in the comment section to receive 10 Tiger Coins for each friend who participates in this event (Maximum limit 100 Tiger Coins).
- Tigers who post the hottest comments will receive 88 or 666 Tiger Coins.
⏰Event Time
This event lasts from now until March 18, 23:59 SGT.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
不要玩股票!
不要玩股票!
会上瘾,会戒不掉!
不要问我为什么知道,我不会告诉你这是我自己的切身感受[捂脸]
@Winstonlou @Boo2020 @Gackky @vision @AliceSam @RDPD富爸穷爸 @llynnnie @Fenger1188 @OptionProMax @CY_Ng @gugu @Venus_M
Learning to invest is like a baby learning to walk. Start with baby steps first, taking the time to learn the ropes.
Firstly set your goals and ask yourself why are you investing? Investing without goal setting is like driving without knowing your destination.
Then learn how to invest by learning from the experts like Warren Buffett, Charles Ellis, Burton Malkiel. Read books, learn how to select stocks, join community like Tiger Brokers. Practise paper trading.
It is important to start early so as to enjoy the magic of compounding.
Most importantly learn to handle the emotions that comes with market volatility. Set stop loss guidelines and diversify the portfolio. It is best to invest in tranches so as to minimise loss.
Investing can be scary to beginners but once you have learnt the ropes, it is a very rewarding experience to reap the rewards from the fruits of your labour.
@TigerEvents Tips for Beginners
@TigerStars
Go for long term S&P 500 ETF investing.
Just keep buying whenever you got excess money.
@DiAngel @Kaixiang @TigerStars @ISSEY1413 @BernardLL @KYHBKO @JeremyKok @Alihuat @BigCat @美股投资网 @koolgal @食贝者 @khikho
Come join the event to earn coin
Picking stocks
You’d probably heard of using FA: Fundamental Analysis or TA: Technical Analysis. Both can make money (and lose money). Best is to stick to one in beginning, learn it well and ‘paper trade’ to test your stock picking ideas [can do this in Tiger App]
Once you feel you have understood enough, confident they could work, try small real trades, or get ‘skin in the game’.
It's better to learn to do your own analysis, avoid 'stock tips’ or what others say in forums, as by that time, price might have gone too far up or down, and there’s no longer good setups or risk-reward.
@luciaaaly @Venus_M @_Venus @Ysw16888 @TiffanyWu @traveleat123 @ClareGeordie @Kristyyy @MMMia @koolgal
Here are 5 advice I wish I could give to my younger self as a beginner investor:
1) Pick majority indices ETFs e.g. $SPDR Portfolio S&P 500 ETF(SPLG)$ $SPDR S&P 500 ETF Trust(SPY)$ to buy and hold for years as Markets are up in longer-term.
2) Allocate less to picking individual stocks, e.g. high growth or speculative stock with capital that you don’t mind losing
3) Treat investing like running a business, taking profits and incurring losses, commissions and fees are part and parcel of the cost of doing business.
4) For shorter term trade, before buying or selling, know what price you would enter and exit and try your best to stick to it
5) Be disciplined to cut losses from unprofitable trades is key to avoid large drawdown or losing all capital- as then you are out of the business totally, and could no longer invest
stick to a price target and execute it. dont feel sad or anguish if the price you sell goes higher.
control your emotions.
I do my DYODD & buy the stock when it hit my low TP & sell it when it hit my High TP or when the company financial show bad sign.
R=SELL/S=BUY
@DiAngel @程俊Dream @Venus_M @wywy @acjk @3Fs @HelennT @發財HuatAh8888 @Value_investing @koolgal