The stock market really moves in strange ways. Just a few weeks ago, it felt like a full-on bull run despite all the bad news circulating and now, it’s turning slightly bearish again. Is it because of Trump, or just big players manipulating the market sentiment? Who knows.
On a brighter note, I was really happy to see LAES finally climb above $6. I’ve been stuck at around $5 since February, so it felt great to finally sell it off on Moomoo. I’ve since transferred the funds to Webull, where I’m focusing on TSLA, COIN, and FIG.
For now, I’m done with penny stocks. They can be exciting, but also risky — and I’ve realised that kind of trading only works if I have a stable job to absorb any potential losses.
Another reason for shifting to Webull is the lower commission fees. Moomoo’s high fees made small trades inefficient, whereas Webull gives me the flexibility to slowly nibble into big-cap stocks when prices dip. That said, I still hold a Singapore biotech company in Moomoo that’s been underperforming. No idea when it’ll recover, so I’m just leaving it there for now.
I’ll still keep Moomoo for Singapore bank and REIT stocks (I only have one REIT left now), since the commission rates for SGX trades are cheaper there compared to Webull. The SG portfolio is also glowing too thanks to DBS !
Lately, I’ve been following John Lu’s investment strategies and applying some of his principles to my Webull portfolio. His methods have been quite insightful, especially in helping me determine better entry points when buying. I’m still trying to refine my sense of when to sell, which I think is the trickiest part of investing.
On the bright side, my decision to buy back PLTR and NVDA in August has paid off nicely — both are showing solid gains. Overall, my Webull portfolio is performing much better than my Moomoo one at the moment.
There are also several key market dates in October that might influence price movements. Let’s see how the market reacts — I’m keeping an eye on these events while continuing to learn and adjust my approach.
Disclaimer: This post is for informational purposes only and does not constitute financial advice. Please consult a qualified financial advisor before making any investment decisions.