(12-11-2024, 09:58 AM)sgbuffett Wrote:  Sinking fast after ñeakkng hhjs morning...another easy win.

Congrats to all who shorted.

(12-11-2024, 10:30 AM)pinkpanther Wrote:  Hey Butt, you're a day trader, but why do you always seem to focus on shorting? It's important to remain flexible and seek out opportunities to both go long and short...

It is akin to you only knowing doggy style...the other styles hold no significant to you 

(12-11-2024, 10:39 AM)sgbuffett Wrote:  Of course I go bith long and short. But right now as the Chjna HK market js weakening short trades are more dependable. One does not need to exploit every opportunity to make just select the best opportunities 


Hope that answer your questions.

(12-11-2024, 10:39 AM)sgbuffett Wrote:  Of course I go bith long and short. But right now as the Chjna HK market js weakening short trades are more dependable. One does not need to exploit every opportunity to make just select the best opportunities 


Hope that answer your questions.

Quote: Trump’s potential cabinet picks hurt investor sentiment
HSCEI gauge falls more than 3% in its worst day in a month

Chinese Stocks, Yuan Fall on Trump Plans, Stimulus Letdown

By Bloomberg News
November 12, 2024 at 2:10 PM GMT+8
Updated on November 12, 2024 at 4:29 PM GMT+8

Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments.

The Hang Seng China Enterprises Index tumbled 3.1% to cap its biggest one-day loss in nearly a month. The onshore benchmark CSI 300 Index slid 1.1%. The offshore yuan fell as much as 0.4% to 7.2534 per dollar, the weakest in more than three months.

https://www.bloomberg.com/news/articles/2024-11-12/chinese-stocks-fall-as-trump-s-cabinet-picks-hurt-sentiment

(12-11-2024, 03:50 PM)Cmpunk Wrote:  Will there be a dead cat bounce ?

(31-10-2024, 01:28 AM)S I M T A N Wrote:  A Shanghainese grandma is living proof that success in the stock market is possible sans talent or skill. Many moons ago, social media was abuzz with the news of her tenfold return on her RMB 28 K plus stock investment in the Shanghai bourse. Incredibly, she knows next to nothing about technical analysis, fundamentals and valuations, price-earning ratios, balance sheets and suchlike. What she lacks in analytical skill, she makes up for in her slavish adherence to the investment golden rule of buying really low and selling high. That's her only tool of the trade, and it hit pay dirt.

This niggardly grandma has a knack for buying local produce at the wet market at low, low giveaway prices. She'd then apply her 'marketing rule of thumb' to her investment strategy. She didn't go into detail about her purchases at the market. A hypothetical example may give us some idea of that: the ubiquitous cucumber prices fluctuate between one yuan and nine yuan per 500 grams. Imagine her buying the veggie only if its price drops to close to one yuan or two.

In the same manner, she entered the stock market when it hit rock bottom. She got the lowdown on stocks' rock-bottom prices from her brokerage firm and other seasoned investors. She then bought blue-chip stocks at prices hovering around their major or key support levels but were a tad shy of their all-time lows, which investors cautioned might never be reached. Think of her stock-purchasing process as analogous to buying cucumbers at a price upwards of 1.2 yuan - a tad off its lowest price of one yuan - and you get the idea. She's as cool as a cucumber, isn't she?

I know this sort of opportunity comes along once in a long while, usually whilst the economy is in a trough. The lengthy time lapse between peaks and troughs could mean a long, long wait before people get such a golden opportunity to buy stocks at rock-bottom prices. Well, the results are worth the wait, yielding high rates of returns for long-term investors. The grandma's return of around RMB 300 K may not be much in absolute terms, but it is impressively large in terms of percentage points. How many day traders can better the feat of this grandma who traded to a different drummer? By all reckoning, the generality of short-term traders trying to ride the waves of market gyrations have come to grief. 

(12-11-2024, 10:30 AM)pinkpanther Wrote:  Hey Butt, you're a day trader, but why do you always seem to focus on shorting? It's important to remain flexible and seek out opportunities to both go long and short...

It is akin to you only knowing doggy style...the other styles hold no significant to you 

(13-11-2024, 02:05 AM)S I M T A N Wrote:  I'm not sure about Ah Butt, but when I got my teeth into futures trading, I took to shorting the market. It was probably because I liked the idea of not having to wait too long to realise my profits. Take the S & P 500. It often spent a large chunk of its trading session moving at an agonizingly slow pace to the top of the day's trading range. When profit taking set in later - wherein I would have entered a short position - prices would go back to ground zero in double-quick time. The whole process is likened to 'longs' who spend many hours laboriously climbing the stairs and the 'shorts' running down the stairs short and sweet. Once I got into the groove, I was a one-trick pony. I could only go short. It's hard to unlearn one's trading style.

(13-11-2024, 02:05 AM)S I M T A N Wrote:  I'm not sure about Ah Butt, but when I got my teeth into futures trading, I took to shorting the market. It was probably because I liked the idea of not having to wait too long to realise my profits. Take the S & P 500. It often spent a large chunk of its trading session moving at an agonizingly slow pace to the top of the day's trading range. When profit taking set in later - wherein I would have entered a short position - prices would go back to ground zero in double-quick time. The whole process is likened to 'longs' who spend many hours laboriously climbing the stairs and the 'shorts' running down the stairs short and sweet. Once I got into the groove, I was a one-trick pony. I could only go short. It's hard to unlearn one's trading style.

(13-11-2024, 08:55 AM)sgbuffett Wrote:  More downside as HSI breaks support
short after open it will sink fast

(13-11-2024, 08:55 AM)sgbuffett Wrote:  More downside as HSI breaks support
short after open it will sink fast

(13-11-2024, 09:42 AM)revealer Wrote:  HSI jialat.  Down and down everyday until it covers up all the gaps

(13-11-2024, 09:48 AM)teaserteam Wrote:  So far,  not much detail about those stimulus packages just released except for the broad detail of how much overall.  One must closely monitor other charts and expenses to feel the market sentiments.

(13-11-2024, 08:55 AM)sgbuffett Wrote:  More downside as HSI breaks support
short after open it will sink fast

(13-11-2024, 10:12 AM)Zannn Wrote:  Bro sinking up!

(13-11-2024, 10:17 AM)sgbuffett Wrote:  If it rally its temporary because key supoort broken so rally also won't go far.

(13-11-2024, 10:18 AM)Zannn Wrote:  those who follow u short open jialat lo

(13-11-2024, 11:00 AM)grotesqueness Wrote: