NVDA
NVIDIA
-- 131.760 TSLA
Tesla
-- 396.360 RGTI
Rigetti Computing
-- 8.9500 AMD
Advanced Micro Devices
-- 116.090 PLTR
Palantir
-- 65.910 
2024 Highlights: 900%!!! and its gone.. and its back?
Im James, though some friends jokingly call me "Avalanche" because I have had my fair share of building snowballs, only to watch them crumble spectacularly. It's all part of the journey, right? ![]()
My journey in the markets began when I was 19, interning in metals futures trading. From there, I pursued a degree in Economics and Finance, which paved the way for roles as a hedge fund analyst, a quant and eventually an oil trader. Now im 30 and away from corporate. Along the way, trying to blend the timeless principles of asset management with the thrill of high-risk trades across U.S. equities, bonds, cryptos, and exotic options.
For me, if it's good enough for a screenshot, it is good enough to sell—and lets just say, I have got only the screenshots to prove it and not the former.
Join me as we hop on a time train to relive some of my most adrenaline-filled highs and gut-wrenching lows in trading. It has been a wild ride.
Highlight 1: The Trade That Sparked the “$320 USD” Series ![]()
Rationale:
My Personal estimation of Blackwell's Rev was higher than market consensus.
Noticed a lack of support for VIX, signalling an opportunity.
Extra Note:
The strike price was selected for two reasons:
The strike price was selected for two reasons:
It provided the most favorable balance between vega and delta.
quite fankly, it was the most favorable one that i could afford
Final P&L:500%
Learning from Mistakes: A Cautionary Tale $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$
We often celebrate success stories, but for those who learn better by avoiding mistakes, here is one of mine. It is a reminder that you do not have to experience everything life has to offer to learn valuable lessons.
Perhaps my own recklessness or as I call it, degeneracy that led to this pitfall. But even now, Im still learning to navigate the consequences.
Reason for Failure: Greed
Positions That Led to the Mess: ![]()
- 5 DTE at stike on a leveraged Chinese ETF, plagued by significant daily volatility decay
- 5 DTE at strike on a Chinese concept meme stock
- 183DTE on a non leveraged Chinese Stock
The Fatal Flaw: ![]()
All these positions shared an 85%+ correlation— violating fundamental diversification principles.
All these positions shared an 85%+ correlation— violating fundamental diversification principles.
What Happened:
Before the market opened, my tickers plunged by about 30%. I knew I was done for. But instead of cutting my losses, my confirmation bias kicked in, and I doubled down, buying the dip after losing over 80% of my account.
Before the market opened, my tickers plunged by about 30%. I knew I was done for. But instead of cutting my losses, my confirmation bias kicked in, and I doubled down, buying the dip after losing over 80% of my account.
A few hours later, my strike prices were so far out of the money (OTM) that they will lost all liquidity. They were just rotting away to zero.
Reflection: ![]()
Strangely, the sting did not last long. Maybe it is because I had accepted that my expected return over time for such trades was zero, and I had reached the end of the line.
Strangely, the sting did not last long. Maybe it is because I had accepted that my expected return over time for such trades was zero, and I had reached the end of the line.
Key Takeaway:
Monty Hall's paradox highlights the essence of profit-taking. If you are hearing this for the first time, I encourage you to look it up, you will learn more by finding the answer yourself.
Monty Hall's paradox highlights the essence of profit-taking. If you are hearing this for the first time, I encourage you to look it up, you will learn more by finding the answer yourself.
Final PnL: -70%
Highlight 3: Same Trade, New Certainty
This trade revisited the setup from October, but with a key difference, greater policy certainty this time around.
Source of Conviction:
Getting Back in the Game:
It took some time to re-enter the market, and here is why:
It took some time to re-enter the market, and here is why:
Money do not grow on trees.![]()
Market timing is a fool's errand.
This trade taught me patience and the value of trusting both technical indicators and historical insights when the fundamentals align.
To the young and not-so-young, let me share something important: I did not grow up with these insights. They were earned over years of studying economics, taking on professional roles, and enduring plenty of trades that made me want to slap myself in hindsight. Losing is not scary, refusing to learn from mistakes is.
Trading is, perhaps, the closest form of modern meritocracy we have. Yet, too often, traders focus so much on technical details that they lose sight of the direction they are heading. I hope this story helps put things into perspective.
It was one of those days when market noise drowned out rational thought. Headlines screamed about a sudden crisis, and prices skyrocketed. Most traders jumped in, riding the wave of panic buying. But not Lucas.
Lucas, a trader who lived by data and logic, took a step back. Instead of chasing the hype, he analyzed the fundamentals, shipping schedules, global inventory, and historical price trends. His conclusion? The panic was overblown. Supply routes had already adjusted, and the scarcity narrative did not hold water.
When he shared his insights with Emily, a colleague, she offered a different view. “Sentiment drives short-term moves, Lucas. The spike might not last forever, but it could still go higher before logic kicks in.”
Lucas respected her perspective. you are right about sentiment, he said. "But my strategy is grounded in the numbers. I would rather wait for the market to align with reality.”
Emily placed a short-term trade, banking on sentiment-driven gains, while Lucas stayed patient. Days later, Emily cashed out her profits, and Lucas entered the market just as the correction began. Both walked away with wins—different approaches, equally valid.
This story underscores the beauty of the market: differing opinions and strategies can coexist. The key is to respect those differences while staying true to your own process.
Lucas journey did not end with profits, though. A young trader, who had nearly lost everything chasing hype, approached him for guidance. Lucas did not promise quick fixes. Instead, he mentored her on reading data, questioning narratives, and avoiding emotional pitfalls. She did not become a millionaire overnight, but she gained something more valuable—confidence in her decisions.
The Takeaways: Data and Logic:
Open-Mindedness: Ethics and Trust:
At the end of the day, the market rewards patience, preparedness, and respect. Both the numbers and the people behind them.
Or, Simply getting lucky works too ![]()
Which attributed more high yield trades? Luck or skill? Leave your thoughts![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Rockyturki : that's dope![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
MACKGforEver : Exciting and crazy investment journey, looking forward to you sharing more bro!
kat kukuuu : awesome content!!! Follow!
ryz98 : Awesome bro! Looking forward to more posts
Berny Ng Kwei Lin : Great sharing . Thank you
Berny Ng Kwei Lin : - 5 DTE at stike on a leveraged Chinese ETF, plagued by significant daily volatility decay
I’m newbie, may I ask about the meaning of daily volatility decay? As I have opened similar position, and I found out the price that I purchased earlier has changed to smaller value. Is it because of this?
Avalanche雪崩哥 OP Berny Ng Kwei Lin : You got the underlying ETF/stock or the option?
Berny Ng Kwei Lin :
Avalanche雪崩哥 OP Berny Ng Kwei Lin : Think of a daily ETF like a bumpy car ride where you try to return to the same parking spot every day. Even if you end up near where you started, the constant bumping around (volatility) and the gas you burn (fees) mean you’ll eventually have less fuel in the tank than when you started.
Berny Ng Kwei Lin : Understand . Thank you
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