#Gate正式推出股票交易

My First Experience Trading US Stocks

As an experienced investor, Little Wealth God has been tortured by A-shares countless times, and once thought about taking a bite of the meat across the ocean in the US stock market. In 2015, I opened Hong Kong and US stock accounts on Futu NiuNiu, and even specifically opened an account at a Hong Kong bank. However, I never deposited funds until recently when I rediscovered my account number, only to find that Futu's business in China has “fizzled out”… At this moment, Gate launched its stock trading service, and I immediately went to “try it out.” From opening the app to buying my long-awaited “NVIDIA,” the whole process took no more than 3 minutes. Overall, I give the experience a “bang!” Let’s take a look:

First, the preparation work:

1. Download the Gate app and update to the latest version (make sure the version > 8.21.5), then log into your Gate account

2. Ensure you have completed identity verification

3. Click on TradFi on the homepage to enter the stock section

Next, the trading process:

Select the stock you want to buy → Click “Go to Trade” → Buy or sell stocks → Use USDT to purchase stocks → Check the order and confirm the transaction

The entire process does not require complicated secondary KYC verification, no currency exchange or fund transfer needed, you can directly use your account balance to buy. It’s incredibly easy! Moreover, stocks held can participate in dividends, stock splits, and bonus shares normally, which is fantastic!

Next, I’ll share my views on the US stock market and the timing for buying

First, this round of the US stock market is driven by AI narratives, with a bull market in tech-related sectors such as chips, computing power, and semiconductors. So, everyone should mainly focus on the NASDAQ, while the Dow Jones and S&P 500 serve mainly as references. Currently, the NASDAQ index is gently climbing along the 5-day moving average (see below), and there are no signs of large-volume, high-turnover main force pushing up and then exiting. This “slow-cooked frog” market trend may continue for a while.

Furthermore, from a technical indicator perspective, the NASDAQ RSI(14): current value 62.8, still in a healthy buying zone, not reaching the overbought threshold of 70. The upward momentum has slowed but not exhausted. MACD: DIF still above DEA, with red bars slightly shrinking compared to last week. The bullish trend continues but with weakened momentum, indicating normal consolidation. Moving averages: the price is steadily above the 5-day moving average (29,920 points) and the 200-day moving average (29,280 points), indicating an upward short- and medium-term trend.

As for stock selection, I recommend choosing tech giants like Micron Technology (MU), NVIDIA (NVDA), SanDisk, Microsoft, and TSMC. Regarding position size, you can maintain about 60% of your portfolio, diversify your investments. If the NASDAQ drops sharply in a single day and falls below the 10-day moving average, you can consider heavily buying the dip and holding long-term.

Finally, I want to share my view on shorting US stocks. As everyone knows, the US stock market is in a long-term bull market (I will explain the reasons in a future post), so short-term shorting is definitely not advisable. Currently, many people are trying to short for a quick correction and profit, but even during the most intense US-Iran conflicts, the US stock market did not stop its upward march. The market remains very strong, and there’s no sign of a top in the short term. Shorting is somewhat akin to gambling. Instead of risking your neck, it’s better to go with the trend and enjoy the benefits of the bull market!