My youtube channel:
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
I have read reports that there are growing inflows of funds into Hong Kong related ETFs. This article should be read in conjunction with my youtube video "What happens to Chinese Tech stocks? No longer just tech regulations! The battle between US and China!"
https://youtu.be/TCBmvV2MNvA
Pursuant to what I shared in my video, I explained one important part of the equilibrium in order for China not to face an erosion of confidence in chinese related assets is the management of narratives around its assets. Also, I have explained that one important move that Chinese authorities can do is to encourage chinese investors and funds to buy chinese related assets..
This is already happening now, which shows that my analysis shown in recent video is already taking place... Has Hong Kong market marked its bottom? I do not know but I have been buying Xiaomi and some other chinese tech stocks in small volume!
As always, this should not be construed as any investment or trading advice.
$Hang Seng Index (800000.HK)$ $Alibaba (BABA.US)$ $ALI PICTURES (01060.HK)$ $TENCENT (00700.HK)$ $JOYY (YY.US)$ $Baidu (BIDU.US)$ $Trip.com (TCOM.US)$ $XIAOMI-W (01810.HK)$ $Xiaomi Corp. Unsponsored ADR Class B (XIACY.US)$
$NetEase (NTES.US)$ $JD-SW (09618.HK)$

$ContextLogic (WISH.US)$ free

$ContextLogic (WISH.US)$ Will it be delisted like Didi?

$ContextLogic (WISH.US)$ $Clover Health (CLOV.US)$ Looking forward to next week

I’m a long term investor so these are just some of the lessons I’ve learnt from my limited experience with day trading. I will also give a brief overview of the VWAP indicator which is often used by day traders.
Lessons Learnt
1) Trade when the mind is clear and alert
Do not trade when you’re feeling sleepy, tired, unwell or troubled. This is especially true when trading in a foreign market with time zone differences. Day trading requires snap decisions and you can’t make those decisions if you are feeling poorly.
2) Play small
Limit the amount invested to a small percentage of your capital so it wouldn’t hurt if it is lost entirely. This is important as there is no such thing as a hundred percent success rate.
3) Plan your entry and exit
Set target profit and stop loss when entering a trade. This helps you to know when to exit. Do not hesitate or second guess yourself. Capital preservation is important.
4) A good knowledge of technical indicators is required
This enables one to spot and interpret the signals. Using a number of technical indicators helps to confirm the signal and improve the probability of wins.
VWAP Indicator
VWAP stands for volume-weighted average price. It is basically the average trading price of a stock after taking into account the volume. The formula is VWAP = number of shares x typical price divided by the total number of shares. Since VWAP is calculated from previous prices, there will be a lag which becomes bigger throughout the day. VWAP is reset each day.
How to view VWAP in Moomoo:
In Detailed Quotes, click on Chart Settings > Indicators > VWAP.
Make sure VWAP is checked. You can modify the colour if you wish.
Once this is done, return to the chart. You can click VWAP at the bottom of the chart (portrait mode) or on the right hand side of the chart (landscape mode). In the pictures below, VWAP is the yellow line.
How To Use VWAP Indicator
A rising VWAP shows that buyers have more control, a declining VWAP shows that sellers have more control and a flat VWAP means the stock is trading within a range. When the price is above VWAP, it is in the overbought zone and when the price is below VWAP, it is in the oversold zone.
VWAP can be used to establish support and resistance price levels. In general, traders try to trade close to VWAP in anticipation of a bounce off (long) or a decline (short). Institutional investors use VWAP as a benchmark when planning their entries and exits to minimise their effect on the market price. So do companies when they do share buybacks e.g. $Apple (AAPL.US)$ .
It is a good idea to use VWAP in conjunction with other technical indicators such as MACD, RSI and Stochastic to confirm the signal before executing a trade. Use a paper account to practise and test out your strategies before risking any real money.
$Tesla (TSLA.US)$  $Lucid Group (LCID.US)$ $Rivian Automotive (RIVN.US)$  $SNDL Inc (SNDL.US)$ $Marin Software (MRIN.US)$   $ContextLogic (WISH.US)$ $Astra Space (ASTR.US)$   $American Airlines (AAL.US)$  $Netflix (NFLX.US)$   $NVIDIA (NVDA.US)$  $Pfizer (PFE.US)$  $Moderna (MRNA.US)$ $Alibaba (BABA.US)$   $SPDR S&P 500 ETF (SPY.US)$  $Digital World Acquisition Corp (DWAC.US)$   $Phunware (PHUN.US)$  $AMC Entertainment (AMC.US)$  $GameStop (GME.US)$  $Sea (SE.US)$
Disclaimer: The above is my personal opinion. It is not financial advice or a recommendation to invest. Please consult a financial advisor before making any investment decision.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2