royll
2022-07-07

I started investing in the US market in March this year with a capital of about $10k USD.  Before coming across Tiger Brokers, the strategy I used wasn't possible due to high commission charged by some brokers. 

Each of my trade is only about $300 USD and a high commission would have made it unlikely for me to make any gain using my strategy. With Tiger's low commission, I capitalize using the average down strategy, focusing only on 1-2 selected stocks, believing that these stocks will turn green in the long run. 

Each transaction, I only tried looking for a 5% profit, buying and selling within a day or two, sometimes even on the same day. 

Although I am still stuck on some positions on top, I have made a good 15%-20% on my initial capital from my closed positions.

It has really been fruitful so far and I am looking foward to the second half of the year. Hopefully, my baby steps can help me achieve a small success in 2022.

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.

Comments

  • Happy Bear
    2022-07-07
    Happy Bear
    Congrats. Most ppl r still in the red now i believe
  • HilaryWilde
    2022-07-08
    HilaryWilde
    you gave me a reference, thanks for sharing.
  • EvanHolt
    2022-07-08
    EvanHolt
    Great post, looking forward to your next post.
  • Jenjorjack
    2022-07-07
    Jenjorjack
    There are better onea around. Be patient
  • Lionel8383
    2022-07-07
    Lionel8383
    Good roll! Best of luck for H2 2022
  • LMSunshine
    2022-07-22
    LMSunshine
    Thx for leaving a comment in my post, appreciate it loads🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regular basis & help to like them too
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