Momen Elsady

Recording day-to-day trading and investment activities in real time.
Transform your financial future through simple daily learning. 🇺🇸 🇪🇬

[Momen Elsady @Momentrade]

8 Solutions to Transform Struggling Traders into Successful:

1) Having trouble trading options and using stock stop-losses to manage risk?
Use the options calculator before entering any trade: https://t.co/dxpKExZ49r

2) Having trouble staying disciplined with your trading habits?
Use trade planer every day for 1 month: https://t.co/dxpKExZ49r

3) Looking to start your trading day with a well-planned schedule?
Access a customized economic and earnings calendar in one convenient place every morning: https://t.co/tsn1Hm7DvH

4) Want to quickly check the market?
Get all the necessary info on one page, from screeners to overall market strength: https://t.co/I7awu9rRjN

5) Looking for a charting setup that helps me achieve over an 85% success rate in my trades: https://t.co/BzI3F4tXwx

6) Interested in discovering your trading style and putting your emotions to the test?
https://t.co/gaVAnWlwF0

7) Considering a trading service but unsure which one to choose?
Let AI algorithms and data assist you in making the right decision: https://t.co/m8yqusbtMI

8) Looking to stay informed with market news and analysis without being bombarded by noise and sales pitches?
Subscribe to the concise monthly newsletter: https://t.co/IadGfpKY3b

[Momen Elsady @Momentrade]

@chingona_trader I just got it done today; it only took me 20 minutes. Better to handle it now than forget, especially since it seems they’re serious about it.

[Momen Elsady @Momentrade]

🚨 To my LLC owners friends: Don’t forget the BOI Reporting (Beneficial Ownership Information) deadline is January 1, 2025! Let’s stay compliant and avoid any penalties, file on time! #LLC #BOIR #DeadlineReminder

[Momen Elsady @Momentrade]

The 75/15 Rule: Spend Wisely, Live Fully

The wealthy know how to balance spending and saving. The 75/15 rule suggests that you limit your spending to 75% of your income, focusing on frugality without sacrificing quality. By opting for cost-effective alternatives that don’t compromise on value, you can enjoy life’s pleasures while still saving for the future.
#WealthManagement #money

[Momen Elsady @Momentrade]

Congratulations to Team USA for a phenomenal performance, clinching the gold medal in basketball at the Paris 2024 Olympics! Proud moment for the nation. 🇺🇸🏀 #TeamUSA #Gold #Paris2024

[Momen Elsady @Momentrade]

Don't Follow the Crowd
Avoid making decisions based on fear or greed by following the crowd. The most significant mistakes are often omissions, missing lucrative chances within your expertise. Learn from Warren Buffett's missed opportunities and ensure you act decisively within your circle of competence.
#investingtips #stockmarketmemes

[Adam Khoo @adamkhootrader]

The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation

1) Many traders were borrowing Jap Yen (JPY) at low interest rates, converted them to USD and used this to buy US stocks

2) Now that the Bank of Japan (BOJ) is raising interest rates, the JPY has strengthened significantly against the USD.

Now, these traders are in big shit. Not only must they pay higher interest for the JPY they borrowed, they are now facing huge forex losses as well. The USD assets they are holding may not be enough to repay the JPY they have borrowed.

3) This is causing a huge unwind of these trade positions. Traders facing big losses and margin calls are selling their US stocks to raise USD, converting back to JPY and paying back their loans.

4) This can lead to more selling pressure on US stocks and even more declines in the short term. Middle east war escalation, US political uncertainty is also adding to the fear and panic.

As an investor, this is great news because this type of short term crisis and panic is what gives me the opportunity to scoop up high quality US stocks at bigger and bigger discounts. take advantage of temporary mis-pricing caused by short term crisis.
This is how we get richer.

[Momen Elsady @Momentrade]

Understand Future Economics and Management
Warren Buffett stresses the importance of comprehending the future economics, management, and price when investing. Do not get lost in too many details; always keep the bigger picture in mind. Expand your opportunities by seeking companies with favorable industry conditions and fair valuations.
#economics #investingtips

[Momen Elsady @Momentrade]

@Chucezz All good, how are you, my friend? I miss our chats.

[Momen Elsady @Momentrade]

#weekend #joke 😁
Plan A: Become a trading genius. Plan B: Invent a time machine to go back and stick to my day job. 🚀💼 #TraderLife #PlanB

[Momen Elsady @Momentrade]

@sofia_walker16 Swing trading provides a balanced approach, combining technical and fundamental analysis for a potentially less stressful trading experience, with higher success rate as long as usually use bigger targets and stop loss.

[Momen Elsady @Momentrade]

@sofia_walker16 The most challenging part is day trading, as it's tricky and attracts scammers. My 'day job' self would advise focusing on fundamental swing trading, the right way to trade.

[Momen Elsady @Momentrade]

Avoid Expecting Very High Growth Rates
Investing in companies that require too much capital may not be advisable. Using excessive leverage in investments is akin to financial Russian roulette. A prime example is the GameStop incident that led to significant losses for an investor due to margin calls.
#investingtips #RiskManagement

[Momen Elsady @Momentrade]

https://t.co/SaLPGEmUHV

[Momen Elsady @Momentrade]

Morning prep fuels the trading day! ☕️ My routine: news scan, market analysis, & a clear mind for focused decisions. #traderlife #morningritual #financialmarkets

[Momen Elsady @Momentrade]

Top 4 Investment Must-Reads

Embark on a journey towards financial success with these top 4 investment books that can transform your approach to money and investing.

1) Rich Dad, Poor Dad: A Game Changer
Delve into the contrasting attitudes towards money and investment as Robert Kiyosaki shares the wisdom of his poor dad and rich dad. Discover the power of assets versus liabilities, unlocking the path to Financial Freedom.

2) The Intelligent Investor: Timeless Principles
Explore the cornerstone of successful investing with Benjamin Graham's principles. Learn the art of value investing, emphasizing the margin of safety to minimize risk and maximize returns.

3) Think and Grow Rich: Mindset for Success
Uncover the profound impact of thoughts on actions with Napoleon Hill's insights. Master the 13 principles of success, from defining purpose to harnessing the power of the Mastermind, paving the way for achievement.

4) Life Energy and Financial Fulfillment
Understand the concept of Life Energy and the trade-off between time and money. Gain practical tips on saving, debt reduction, and finding meaningful work to achieve both financial stability and personal fulfillment.

[Momen Elsady @Momentrade]

The biggest stock gains after IPOs:

Netscape Communications Corporation: Netscape's IPO in 1995 saw its stock price soar from $28 to $75 on the first day of trading, a gain of over 170%.

https://t.co/OdVW4f0SJc: IPO in 1998 resulted in a first-day gain of 606%, with the stock price jumping from $9 to $63.50.

VA Linux Systems: VA Linux Systems' IPO in 1999 saw its stock price surge from $30 to $239.25 on the first day of trading, marking a gain of nearly 700%.

#RackspaceHosting : $RXT IPO in 2008 resulted in a first-day gain of 33.3%, with the stock price increasing from $12.50 to $16.66.

#BeyondMeat : $BYD IPO in 2019 saw its stock price rise from $25 to $65.75 on the first day of trading, marking a gain of over 160%.

[Momen Elsady @Momentrade]

8/ 🎯 Ready to start your journey to 100k? It's time to take control of your financial future. Let's build wealth together! 💪💰 #FinancialIndependence #WealthJourney #InvestSmart

Feel free to share your own tips and experiences below! 👇 #MoneyTalks #FinanceCommunity

[Momen Elsady @Momentrade]

7/ 🏆 Conclusion: The road to $100,000 is challenging but crucial for exponential growth. The first 100k is the hardest, but each milestone becomes easier. Stay committed, embrace financial wisdom, and watch your money work tirelessly for you. #FinancialSuccess #MoneyMindset

[Momen Elsady @Momentrade]

6/ 📈 Strategies for Success: From 100k Onwards 🚀 Beyond 100k, focus on optimizing wealth. Diversify your investments, budget wisely, and explore side hustles. Consistency and automation are your best friends. Watch your wealth soar! #InvestmentTips #FinancialGoals

[Momen Elsady @Momentrade]

5/ 🔑 The Tipping Point: Reaching $100,000 🌟 Hitting 100k is a turning point. The interest earned starts to significantly boost your balance, paving the way for growth to $1 million and beyond. The magic of compounding shines here! #WealthManagement #Milestones

[Momen Elsady @Momentrade]

4/ 💡 Balancing Act: Savings vs. Investment Returns 💼 For the first 100k, 80% of the journey relies on diligent savings. Investment returns play a supporting role but gradually take the spotlight as your wealth grows. Discipline + smart investing = success! #Savings

[Momen Elsady @Momentrade]

The Journey to 100k
#investing #WealthManagement #FinancialFreedom