Did ah butt take part in the shorting or just asking kateks to short?
Current price correction hasn't frightened the bulls. Half the bulls will flee when it hits the final cliff.
(22-10-2024, 11:30 AM)Huliwang Wrote: [ -> ]Looks like katek going to get burn by pro traders. Those who shorted mati liao. 
Roast their smelly katek asses and split them wide open

(22-10-2024, 12:57 PM)p1acebo Wrote: [ -> ]Roast their smelly katek asses and split them wide open 
Ya,, at this level now all kateks who shorted this morning would have been taken out. It was a katek trap set up by CCP and pro traders to trap kateks.

Double lao hong ....trap another group of retailer then take down.
![[Image: 9X12oTe.jpeg]](https://i.imgur.com/9X12oTe.jpeg)
(21-10-2024, 01:32 PM)sgbuffett Wrote: [ -> ]Selling picking ip pace now..20500 support appears to be breaking. Once break can start shorting.
![[Image: 0itx4J3.jpeg]](https://i.imgur.com/0itx4J3.jpeg)
Broke 20500 so many times, did yr shorts make any $$, u post Lou hong ten times but still above 20500
Whipsawed market very hard to trade. Both kateks and pro traders can be burnt.

(22-10-2024, 03:30 PM)Huliwang Wrote: [ -> ]Whipsawed market very hard to trade. Both kateks and pro traders can be burnt. 
Pro traders stay out of such choppy trading days or trade scalps. Amateur traders get run over in both directions.
(20-10-2024, 07:17 PM)sgbuffett Wrote: [ -> ]I do hold for more than one day sometimes depending on market conditions.
.anyway the reason why I decided to do short term trades is because the HSI and HS Tech has abnormally high short term volatility...it is different from other markets.
From the time this thread started until today the.total return of HSI is near zero for the period of more than 1yr yet day traders can squeeze much profits from short term volatility
The wild swings in the stock market sure suit you down to the ground. As an intraday trader with a huge risk appetite, you need volatility to ride the waves of price fluctuations. A quiet market, on the other hand, is hardly conducive to fast or multiple trades since stocks spend most of their time bouncing around in trading ranges that frustrate all but the sharpest traders. Quick rewards are scarce, with more and more people fighting over smaller and smaller scraps of return.
Finally the bull has decided it's had enough of the battering! After eons in the doldrums, it staged a furious rally late last month. Usually, the longer the price consolidation, the more explosive the rally - or conversely the plunge - in prices. If this is the beginning of a new bull market, it's risky to take the bull by the horns and short the market against its forward momentum. It's, however, less risky to go with the flow and buy on a dip in prices, knowing it will resume its march onward to the summit.
Anecdotally, an awful lot of market punters had profited from the small fluctuations in prices. Their initial success in turning tiny profits bolstered their confidence, and they thought they'd found a winning formula for successful trading. Some increased the volume of their trades. The inevitable happened - the market moved against them big time. They were caught on the wrong side of the markets trend - either upward or downward. Not only did they "return" the profits they'd made earlier, they also lost much of their own hard-earned money. Do exercise caution and tread lightly. Best of luck!
Ah butt reverse indicator become kiasi indicator
Look peak to be formed in morning then start shorting.
Expect HSzi to peak at around 20550
Very weak rally now
The prata king is still at it

Morning peak formed...pros will start shorti
![[Image: FYoSGi5.jpeg]](https://i.imgur.com/FYoSGi5.jpeg)
(23-10-2024, 09:33 AM)sgbuffett Wrote: [ -> ]Expect HSzi to peak at around 20550
Very weak rally now
Straight cheong up after 20550
(23-10-2024, 10:10 AM)Zannn Wrote: [ -> ]Huat arr bro
Overbought leow..will peak soon.
(23-10-2024, 10:12 AM)sgbuffett Wrote: [ -> ]Overbought leow..will peak soon.
Peak formed lots of flesh to cut abd eat.
I am shorting now
![[Image: FnOZR0A.jpeg]](https://i.imgur.com/FnOZR0A.jpeg)
(23-10-2024, 10:18 AM)sgbuffett Wrote: [ -> ]Peak formed lots of flesh to cut abd eat.
I am shorting now
![[Image: FnOZR0A.jpeg]](https://i.imgur.com/FnOZR0A.jpeg)
Market is out of momentum....congrats to all who shorted at tbe peak
![[Image: JJspdn4.jpeg]](https://i.imgur.com/JJspdn4.jpeg)
Bull coming in strong. Katek jialat liao.

Will be downhill from here
![[Image: cHaPS4i.jpeg]](https://i.imgur.com/cHaPS4i.jpeg)
(23-10-2024, 10:35 AM)Huliwang Wrote: [ -> ]Bull coming in strong. Katek jialat liao. 
Only silly and noob kateks like sgbuffet will want to short during these times

(23-10-2024, 10:49 AM)sgbuffett Wrote: [ -> ]Will be downhill from here
![[Image: cHaPS4i.jpeg]](https://i.imgur.com/cHaPS4i.jpeg)
Sgbuffett, how much more downhill to go from here?
(23-10-2024, 09:44 AM)sgbuffett Wrote: [ -> ]Morning peak formed...pros will start shorti![[Image: FYoSGi5.jpeg]](https://i.imgur.com/FYoSGi5.jpeg)
Big Buffett from sgbuffett
Got strong burning smell.

(23-10-2024, 01:05 PM)Huliwang Wrote: [ -> ]Got strong burning smell. 
Sgbuffett totally burnt out
(23-10-2024, 01:09 PM)Zannn Wrote: [ -> ]Sgbuffett totally burnt out
Told him but he iron teeth. Still wet behind the ears.

(23-10-2024, 10:49 AM)sgbuffett Wrote: [ -> ]Will be downhill from here
![[Image: cHaPS4i.jpeg]](https://i.imgur.com/cHaPS4i.jpeg)
Bro Buffett, u better cut yr shorts short