HSI and China market completed consolidation, look for a reversal to uptrend...
13-11-2024, 11:05 AM
13-11-2024, 11:18 AM
HSI peak formed for temporary rally.
Another good opportunity to short for an easy win
Another good opportunity to short for an easy win
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
13-11-2024, 11:58 AM
When it’s at the trough it’s aso an opportunity, how cum you never take note of them
13-11-2024, 12:00 PM
With so much trading opportunities, gd traders shd hv made millions
How cum none of the gurus hv claimed that?
How cum none of the gurus hv claimed that?
13-11-2024, 12:07 PM
Sgbuffet hang his idol Novice Leong to dry
Wherever you go, no matter what the weather, always bring your own sunshine
13-11-2024, 02:58 PM
14-11-2024, 01:26 AM
(13-11-2024, 08:08 AM)pinkpanther Wrote: Haiya...you also become a katek just like ah Butt..ever heard of the saying.."kateks die pain pain"..
Shorting in a bull market can lead to continuous losses as prices increase, and the investor may find it challenging to time their exit correctly....that's why many gung-ho would chose to short the market believing that the market has reached a peak, or a new high or is time for correction...then what happen? The high gets higher when "short squeeze" gets triggered where short sellers rush to cover their positions, further driving up the price.....I don like to short the market!
But I think everyone loves a quickie.. go in and cum out fast!! Don be like ah Butt, give long term prediction then one day flip flop becomes a day trader!! Very fickle
I used the past tense when expanding on my first foray into the derivatives market, with short selling being my maiden mode of playing the market. The quick profits I initially turned were just beginner's luck and it boosted my confidence. Emboldened, I increased the size of my trades and continued to make hay while the sun shone.
The inevitable happened when I least expected it. After shorting the gold futures on that fateful day, the price began skyrocketing and soon reached its daily limit. Spot gold, however, kept climbing unabated, without limit. Never have I seen anything like this before - a long-running bearish market abruptly turning extremely bullish. I was thrown off guard by the sudden reversal of trends, with the accompanying wild swings in prices.
I got panicky and covered my short positions, leaving me $36 K out of pocket. Whatever profits I made earlier were 'returned' to the market. 'Die pain pain,' just like that! Meanwhile, a lady trader fared much worse than me. She lost her shirt - to the tune of a million bucks - betting on the US dollar rising. Instead, it nosedived. The greenback and gold move in opposite directions.
That's history. I've sworn off day trading. Shorting the market in the short run is a chancy business, not to mention the stress of having to constantly monitor the prices. I've found my true métier in investing for the long run, not to see what you can earn in a few days.
14-11-2024, 07:06 AM
But Guru on the YouTube sound like very easy just by attending their course sure can retire early. Even a young man saying after meeting this mentor his loss become profit and retire at 30 years old leh
14-11-2024, 08:32 AM
14-11-2024, 08:36 AM
(13-11-2024, 02:58 PM)Zannn Wrote: U learn too much from RH, everything also easy win. Did u easy win this time?
Yes it is an easy win.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 08:51 AM
(14-11-2024, 08:36 AM)sgbuffett Wrote: Yes it is an easy win.
You sabo your idol Novice Leong gao gao until he fall sick
Wherever you go, no matter what the weather, always bring your own sunshine
14-11-2024, 09:12 AM
14-11-2024, 09:21 AM
(14-11-2024, 09:12 AM)Zannn Wrote: Yesterday whole day above yr short 19700 and went high 19950, u did not claim its easy win. u sure u r not stop out?
Now went down then u say it’s easy win. U r likely already stop out with losses yesterday bro.
Since I switch to shorting China/HK it has been easy win overall.. yes there are cut loss and all that but as the HSJ fell from 21+K to below 20K .....traders who short have an easy time making money vs those who go long.
Frankly I have several big wins that easily cushion losses for example before China stimulus announcement it was clear to me that whenever they announce market would drop sharply. Also I predicted Trump election win which js negative for China.
Even without the big wins just looking for peaks to short every day one can make consistent profits. Not every trade is profitable but overall it is net profits.. just stick to this in discipñine manner and you will make for coming months.
I just see more trouble for China economy even before they cab solve old problems new problems with Trump in office is coming. PPI and industrial profits drop e ery month....now with tariffs it will be worse.
If china makes wise decisions and turn its economy around I will switch to doing long trades. I thought that would hapoen in Oct when they announce stimulus and went long but they make many mistakes and cause investors to lose confidence
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 09:24 AM
Can cover all previous losses? Looks like not easy to trade for a living
14-11-2024, 09:36 AM
Covering the 1st gap. Going to cover the 2nd gap
14-11-2024, 10:58 AM
Today same pattern peak and sink down.
Those who short after peak formed....easy win.
Those who short after peak formed....easy win.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 11:16 AM
(14-11-2024, 01:26 AM)S I M T A N Wrote: That's history. I've sworn off day trading. Shorting the market in the short run is a chancy business, not to mention the stress of having to constantly monitor the prices. I've found my true métier in investing for the long run, not to see what you can earn in a few days.Absolutely Correct. I don’t engage in multiple trades daily..I only trade when a favorable opportunity arises. If you’re trading every day, you must be prepared to handle significant risks and fluctuations, its not very good for the weak heart...
14-11-2024, 11:55 AM
Sgbuffet is paper trading only. Unlike his idol Novice Leong who shows proof of his trades, sgbuffet is just a horse back cannon gao gao
Wherever you go, no matter what the weather, always bring your own sunshine
14-11-2024, 12:04 PM
(14-11-2024, 11:55 AM)p1acebo Wrote: Sgbuffet is paper trading only. Unlike his idol Novice Leong who shows proof of his trades, sgbuffet is just a horse back cannon gao gao
Even his old nemesis Lao Jac backs up his trades with proofs....one famous hokkien saying to describe ah Butt..." chiu kong LP song"
14-11-2024, 12:16 PM
(14-11-2024, 11:55 AM)p1acebo Wrote: Sgbuffet is paper trading only. Unlike his idol Novice Leong who shows proof of his trades, sgbuffet is just a horse back cannon gao gao
I don't know why peopñe keep KPKB...I already published my ymtrading stats for a few hundreds traded.
It is stable and hasnt changed
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 01:34 PM
(14-11-2024, 12:16 PM)sgbuffett Wrote: I don't know why peopñe keep KPKB...I already published my ymtrading stats for a few hundreds traded.
It is stable and hasnt changed
This is not proof. Show your trades as per your actual trading account like your idol ML
Wherever you go, no matter what the weather, always bring your own sunshine
14-11-2024, 03:18 PM
HSI and China everyday drop. No wonder ML fall sick
Wherever you go, no matter what the weather, always bring your own sunshine
14-11-2024, 03:33 PM
14-11-2024, 04:37 PM
(14-11-2024, 03:18 PM)p1acebo Wrote: HSI and China everyday drop. No wonder ML fall sick
I already warned
1. Stimulus not effective
2. Trump will engage un trade war with China and US has upper hand.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 04:39 PM
(14-11-2024, 01:34 PM)p1acebo Wrote: This is not proof. Show your trades as per your actual trading account like your idol ML
Last time people KPKB I never post my trading record whe. I posted my trading record they KPKB even more.
So I learned my lesson.
My trades are done when i call them.
Right now I am only doing short trades as China market weakens everyday and goes on downtrend.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 04:56 PM
China market is no so difficult to understand.
China previously growth was mostly led by property and infrastructure. Now housing market crashed and further investments to infrastructure has diminishjng returns....you can't keep building high speed rail when you hit saturation.
Today China growth only has one engine...exports. for this it depends on demand from other countries. One by one these major markets became hostile to China. Mainly because of positions taken by Xi to befriend Iran, Russia, Venezuela. ...now under Trump administration China is marked as a threat. US will now revoked China's "favored status" in WTO and hammer China with tariffs.
While there are mämy things to be blame. I see the approach Xi to stir nationalism and propaganda and actual plan to surpass US that turned the friendly relations into a hostile one. China also made moves to stir south china sea that alarmed US and its allies.
Now China faces the likes of Mark Rubio as Secretary of state and a largely anti China administration.
If you ask me if things can be in a better state
, i would say yes.Obama held out many olive branches instead of working on improving relations, they kept strainjng it and once Trump step in it just went downhill.
China previously growth was mostly led by property and infrastructure. Now housing market crashed and further investments to infrastructure has diminishjng returns....you can't keep building high speed rail when you hit saturation.
Today China growth only has one engine...exports. for this it depends on demand from other countries. One by one these major markets became hostile to China. Mainly because of positions taken by Xi to befriend Iran, Russia, Venezuela. ...now under Trump administration China is marked as a threat. US will now revoked China's "favored status" in WTO and hammer China with tariffs.
While there are mämy things to be blame. I see the approach Xi to stir nationalism and propaganda and actual plan to surpass US that turned the friendly relations into a hostile one. China also made moves to stir south china sea that alarmed US and its allies.
Now China faces the likes of Mark Rubio as Secretary of state and a largely anti China administration.
If you ask me if things can be in a better state
, i would say yes.Obama held out many olive branches instead of working on improving relations, they kept strainjng it and once Trump step in it just went downhill.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
14-11-2024, 05:48 PM
These were the reasons y Japanese was involved in the starting of 2nd World war. In many ways, China is now facing similar situation. If there is no restraints from either side, we should c another World war starting. No joke.
14-11-2024, 06:08 PM
HSI Tech today. Now it is down 20%, fully into the bear territory.
https://finance.yahoo.com/news/chinese-t...32503.html
https://finance.yahoo.com/news/chinese-t...32503.html
14-11-2024, 06:09 PM
(14-11-2024, 04:56 PM)sgbuffett Wrote: China market is no so difficult to understand.
China previously growth was mostly led by property and infrastructure. Now housing market crashed and further investments to infrastructure has diminishjng returns....you can't keep building high speed rail when you hit saturation.
Today China growth only has one engine...exports. for this it depends on demand from other countries. One by one these major markets became hostile to China. Mainly because of positions taken by Xi to befriend Iran, Russia, Venezuela. ...now under Trump administration China is marked as a threat. US will now revoked China's "favored status" in WTO and hammer China with tariffs.
While there are mämy things to be blame. I see the approach Xi to stir nationalism and propaganda and actual plan to surpass US that turned the friendly relations into a hostile one. China also made moves to stir south china sea that alarmed US and its allies.
Now China faces the likes of Mark Rubio as Secretary of state and a largely anti China administration.
If you ask me if things can be in a better state
, i would say yes.Obama held out many olive branches instead of working on improving relations, they kept strainjng it and once Trump step in it just went downhill.
Wrote a lot but mostly nonsense. US knows that it is going to be surpassed by China that's why it decided to do something before it becomes a reality. Your reading of world affairs is horrendously wrong.
Ignore List: Oyk
14-11-2024, 06:24 PM
The west simply cannot accept china’s rapid rise. Simple fact aso duno, how to make big money?
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