TSLA
Tesla
-- 375.770 NVDA
NVIDIA
-- 136.125 PLTR
Palantir
-- 73.730 RGTI
Rigetti Computing
-- 17.0850 AMD
Advanced Micro Devices
-- 120.150 
Avoid Chinese Stock if possible‼️ US stock more juicy and stable😛 Experience Sharing🫠
During this so-called ‘Chinese Bull Market’ that did not even last for a month🤣 it seems similar to 2015 Bull run in the China Market…at first, of course many people like to chase high and so did I🤣 at the beginning, I did earn around 2K USD from $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $JD.com (JD.US)$ $Alibaba (BABA.US)$ ..Of course, I knew it’s risky that’s why I only put 5% of my capital on Chinese Stock so yeah, earned 2K USD is not bad but after few days later, when the China Market reopened, guess what😟 $Hang Seng TECH Index (800700.HK)$ dropped almost 14% in just one day which wiped out all my gains…Actually when Hang Seng Index dropped 5-6%, I wanted to do my cutloss already but the worse thing is that $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ did hit the limit down circuit breaker during overnight market which meant that I couldn’t do any cutloss🤦 and I had to wait until Pre Market then only can cut..So this is one of the valuable lesson that I’ve learned….Don’t touch 3x ETF especially that is sync with Chinese Stock🥲🥲
After index dropped 14% in a day, the Hong Kong Market have never had a good perform day since then which created a very bad impression to the investors, eventually affected their confidence also‼️So yeah, try to avoid Chinese Stock because the risk is greater than reward. Of course you might be right one time…but if you wrong one time with huge capital, then you’re gone…Sometimes Chinese Stock really won’t come back like US stock…As a result, this chinese bull run, I lost like 1K USD after deducting my initial gains from the Chinese Stock….
On the other hand, since we’re in the middle of the Earning Season, try to pay attention to the Magnificent 7 stocks…Currently, I’m holding $Tesla (TSLA.US)$ $Microsoft (MSFT.US)$ and $Alphabet-C (GOOG.US)$ and if they drop after Earning, I’ll add again‼️
$NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $Amazon (AMZN.US)$ all these are gems…Just wait for correction…
$Bitcoin (BTC.CC)$ is another best option too….
$Berkshire Hathaway-B (BRK.B.US)$ $UnitedHealth (UNH.US)$ $Advanced Micro Devices (AMD.US)$ All these are good stocks…I rather to put my money in these stocks…They are much more stable compared to Chinese Stocks😄😄
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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topcing : diversify. avoid U.S. stock they go up after bad review and go down good review. it's all crypto wacko
Ioctl : Chinese bull ? Or boo
Anthony 27 OP Ioctl : Dunno neither one
Anthony 27 OP topcing : ???
PatientInvestor Fan : one thing i regret is I should short the hong kong market during daytime on 8th/Oct to cut my losses on yinn, not just watching it crashes, never thought of that as a beginner haiz
Anthony 27 OP PatientInvestor Fan : No worries….There is a lot of opportunities in the market.. don’t need to short actually…short consists interest and opportunity cost
五代雄杰 : LOL same shoes. I went all in during the golden week, at one point was few thousands. Tuesday down HSI down 10% I immediately went from green to red. I said nevermind it's oversold it will go up. How wrong I was, couldn't take it cut loss yesterday with few thousand loss. Expensive lesson.
Anthony 27 OP 五代雄杰 : Wow that’s hurt….But I cut at the same day..I didn’t wait as I know China market pattern
迷茫小散 PatientInvestor Fan : 这个很难。我也做不到。
Chan Woei Mun : When it's cheap, you dare not buy it, but when it's expensive, you blame others. Who's at fault?