$Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.U...
$Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$ Both the Shanghai and Shenzhen indices and stocks have risen today. Why have they fallen so sharply? What is the reason?
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Lu Lulu OP : The funds have not been spent yet
Soso investor : Before the National Day, the closing price of this stocks on September 30th was 18.3. Today, the Shanghai and Shenzhen stock markets increased by 5 points, which means it doubled to 10 points. Therefore, the reasonable price for this stocks is 20. It's just a normal price correction. If the A shares go up later, it will also rise accordingly.
Lu Lulu OP Soso investor : Why did the stocks rise yesterday?
Soso investor Lu Lulu OP : Funds drive up sentiment, find some enthusiastic buyers. Just because stocks are rising in the US market doesn't necessarily mean losing money; trading futures contracts for hedging can actually lead to more profits.
Lu Lulu OP Soso investor : Thank you.
Soso investor Lu Lulu OP : I play with bitcoin, I just observe bitcoin-related stocks with this. I happened to see this opportunity, so I took advantage of it. Actually, I'm not sure about its ups and downs, I lost a lot of money in stocks before. So I bought both call and put options for this stock at the same time, if one of them can double, then I won't lose money. In fact, my stock trading skills are very poor.
Lu Lulu OP Soso investor : Sigh
, I am also super bad