$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Reg...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Regarding whether to watch the night market or pre-market tomorrow, I am currently fully invested, with no emergency funds left, so I will opt for a conservative approach first, partially cutting losses, reallocating to crypto and US stock. I don't hold much hope for Saturday's meeting, personally bearish, but do not deny that many big Vs are short-term bears, medium-term bulls, and long-term bears. I also find it quite reasonable, especially considering the high 3x leverage. My single leveraged etf on the other side will remain unchanged as there is no need to act on a medium-term bullish outlook. As for the reason for reallocation, truth be told, the first significant loss in life of 30% of total funds and the recent frequent opportunities in crypto and US stock markets (memes, Tesla) make me plan to observe the market opening tomorrow morning and choose to cut losses by 20-50%. Wishing for consistency between my words and actions, peace.
Also, I will not touch Class A in the future. The stinky fool, the opaque communist corrupt and abusive high-ranking bureaucrats are beyond redemption. Continuing to play in this information-blocked negative-sum market, the communist people all look down on you.
A magnificent country, extremely pitiful.
Finally, quoting the famous Taiwanese live streamer Ray -- "fxxk china !"🔫
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Kai X OP : Cost 54.2, all-in for those in urgent need of money can refer to it, those not in a hurry can stay and gamble on national luck.
Another thing I want to mention is that cognition matches wealth. In this wave, I did make a plan beyond my cognition, but ended up with terrible results. The market is correct, I didn't do well in risk control and planning, this is something I need to review later.
It is often said that opportunities are fleeting, hence the FOMO; in reality, the financial market is not lacking in opportunities, but good opportunities do need to be waited for, they come from meticulous planning. In this wave, I am indeed overreaching, it's undeniable.
As for the next step, I plan to switch to tesla. Previously, Elon Musk was winning, and I couldn't find an entry point. Now, the opportunity has come, and I must seize it. Instead of entrusting my family's fortune in a country where people are harvesting their own kind, it is better to gamble well with the capitalists.
I still maintain my view, gambling is a kind of wisdom, stay degen, stay IQ50. Good Luck, peace.
Richbillion : Bro, I followed you. My cost is 51.88, also heavy position.