Once more, Co-Wise: moomoo Tutorial Contest Part 7, "How did you start short-term trading?" ended successfully. Thanks for participating in the contest. Short-term trading could bring an adrenaline rush, but it's also highly risky. Emotions could become your biggest enemy. How to qualify as an excellent short-term trader? Outstanding technical skills? A high win rate? Or others? Thankfully, most mooers are aware of the importance of risk management and emotion controls. Technical skills might not work well unless combined with a good understanding of investing psychology.
Now, it's time for the winning list of this topic. Let's enjoy the highlight moments together! Congratulation to all the mooers winning $American Airlines(AAL.US)$ and $ContextLogic(WISH.US)$ stocks!
*The rewards will be distributed to winners within 15 working days—the ranking sortes in alphabetical order.
Part Ⅰ: High-Quality Post Collection
@AhTian  Why, What & How to Short-Term Trade!
For this post, let's take short-term trading as intra-day trading that last from seconds to minutues. It's commonly termed as scalp, intrad-day swing trading. I'll use scalp here.
@BT11  Day/Swing trader
Keep your emotions away from the charts. My personal technical analysis of price action in charts relies on simply RSI (14 length) and chart patterns. Identifying the right patterns and how to utilise a trading strategy with it is a crucial complimentary tool I use for entry/exit.
@Business Insider  DCA is the best strategy!
Bought  $Tesla(TSLA.US)$ back in 2017 for about 300$ pre split. Sold it in 2018 for a tiny profit and to decrease my cost basis. They were swinging between 200-300 all the time.
@Dadacai  Some Pointers for Day Trading
I will give a brief overview of the VWAP indicator which is often used by day traders. Trade when the mind is clear and alert. Play small. Plan your entry and exit. A good knowledge of technical indicators is required.
@GT1982  How Did I Started Short Term Trading
I started off as a short term trader before finding my style as a long term investor. No personal feelings should be involved in trading. Only fundamentals, technicals and numbers should be the deciding factors.
@IcySilver  Swing trade like a Pro...
Swing trading is most useful when the market condition is volatile, without long clear trend. Currently the market does seem so. Thus, it may be a good time to look more into swing trading, or quick-entry-quick-exit trades.
@Jin1978  Some personal tips on short-term trading
If u cannot stomach the risk (10% to 30% movement usually), stay away from risky trades. Set a cut-loss price. Remember to withdraw your profits every now and then! Don’t keep pumping all your profits for the next trade! 
@kaito666  My short term stock trading step
Read the news, consider different scenarios, weigh up the odds and technical analysis. In this event that any of the above scenarios do materialise, go straight to your price charts and use technical analysis to find entry and exit points for the long or short trade you have chosen.
@Moo Top  I am a part-time Day Trader
My favourite technical setup is VWAP + 9EMA and 20EMA, looking at 1min and 5min candle stick. Do your own due diligence (DYODD) on the stocks that you want to day trade with.
@102637896  My Views on Short Term Trading
Apart from reading technical indicators and charts, I think the following are important that I learnt: Position sizing. Establish entrance, stop loss and target price before trade. Mental Strength.
For more engaging posts, please click Co-Wise: How did you start short-term trading? to check. Don't forget to leave your comments and tell mooers what you've learned!
Part Ⅱ: Voting on the “Mentor Moo” Title
Finally, let's announce the winner, @Dadacai! Congratulations! You will get a badge as a reward to acknowledge your efforts in the Co-Wise contest. The badge will be shown on the profile page for your progress and achievement.
Mooers' Strategies: Habits to Become a Better Trader
Now, it's time for voting! Let's vote for the candidates to see who will win the "Mentor Moo" title. Your vote means a lot to them!
We should keep a clear mind and stay alert to the markets where milliseconds count. Please be aware that different time zones could impact the timings of your investment. It's crucial to set profit targets and stop-loss when entering a trade. Besides, technical indicators could help you identify the signals in the market and thus improve the odds of winning. Discipline and a solid trading plan could help you advance in short-term investing. As mooers' say, there is no best strategy. Just stick with the one that you can reap profit from it. Remember, what matters the most is the one that suits you the best.
Disclaimer: All investment involves risk. Neither Futu Inc, nor Futu SG, nor moomoo endorses any particular investment strategy. You should carefully consider your investment goals and objectives when deciding on an investment strategy. Past performance is no guarantee of future results.

Pengpai News sought evidence from Tencent. Tencent insiders confirmed the news and said that currently 9 products have passed testing by the competent authorities and are gradually being updated, including QQ Music and corporate WeChat.
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$

As promised, here is an overview of the greeks. I did not touch on some of the more complex concepts but this should be enough information to grasp the foundations. Examples provided.
*For Those of us who insist on YOLO Option Trades, Here are a few wrinkles for your brain*.
Delta – An option’s delta is the rate of change of the price of the option with respect to its underlying security’s price. The delta of an option ranges in value from 0.0 – 1.00 for calls (0 to -1.00 for puts) and reflects the increase or decrease in the price of the option in response to a 1-point movement of the underlying asset price.
Used to measure the change in value of a contract from a $1 change. Also is used to measure the probability of an Option Contract Expiring “ITM” (In-The-Money). For Example, a Delta of 0.40 can be seen as a 40% chance to Expire ITM.
Gamma – An option’s Gamma is a measure of the rate of change of its delta. The gamma of an option is expressed as a percentage and reflects the change in the delta in response to a 1-point movement of the underlying stock price.
Measures the change in Delta from a 1$ movement in the underlying asset (stock, ETF, things like that). If the underlying moves an additional 1$ Then Delta would equal the Total of Delta + Gamma. After the First Dollar move, any additional moves in the same direction increases the value of Delta by the amount of Gamma.
For Example, XYZ 100 12/31/20 Call for $1.00 and has a delta of .50 and a gamma of .05.
The price of XYZ moves 1 dollar upwards so the new price of the contract becomes 1.50.
The Price of XYZ moves 1 dollar upwards again so now we add both Delta AND Gamma to find the new value. (1.00 + 0.50 = 1.50) 1.50 + (.50 + .05) = 2.05 Value now.
Theta – An option’s theta is a measurement of the option’s time decay. The theta measures the rate at which the options lose their value, specifically the time value, as the expiration date draws nearer. Generally expressed as a negative number, the theta of an option reflects the amount by which the option’s value will decrease every day.
For example, if your option contract is currently valued at 1.00 and you have a theta of -0.10, you will lose 0.10 worth of value off your contract every day. This number will change drastically throughout the day as will the other Greeks.
Vega – An option’s Vega is a measure of the impact of changes in the underlying volatility on the option price. Specifically, the Vega of an option expresses the change in the price of the option for every 1% change in the underlying volatility.
Estimates the change in premium for each 1% change in the Implied Volatility (IV). There will be higher Vega on Contracts with more time. An increase in Vega increases the cost of the contract and vice versa.
Rho – Rho measures the change in Interest rates but is rarely used since Interest rates do not move much.
It is important to remember that these numbers associated with each Greek will likely change constantly throughout the life of the contract. There are other variables to consider like Implied Volatility, Volume, Open Interest, Days to Expiration (dte), the P/c Ratio, upcoming catalysts, and much more.
This is a very basic run down of the Greeks.
Quick Example:
Say John buys XYZ 100 1/15/21 Call (Buy-to-Open) for 1.00 and this contract has the following values:
Delta: 0.50 Gamma: 0.05 Theta: -0.02 Vega: 0.01
and the Current price of XYZ stock is $95.00.
This tells us some info but we will start with how Delta and Gamma work together:
(1) The Delta says that for every $1 move either up or down in price, will either decrease or increase the value of the option contract by 0.50 (e.g. $50). You will notice most option contracts are bought and measured for statistical purposes in the ranges of 0-0.20, .21-.40, .41-.60, .61-80, and .81-1.00.
(2) Then because Gamma is 0.05, for every change in Delta relative to a $1 movement in the underlying asset, The value of the option contract will increase by an additional 0.05 ($5) for every additional $1dollar change in the underlying assets price which would there create a correlated change in delta which is measured by gamma. So if the option contract for XYZ is 1.00 when the price of the underlying asset is $95 and then price moves up $1 dollar then the value of the contract becomes 1.50. (1.00 + 0.50) THEN, if the price moves an additional $1, Then the equation becomes, (1.50 + 0.50 + 0.05) = 2.05.
We add Delta and Gamma together whenever we have additional 1$ movements or quantifiably similar changes in delta.
(3) Theta, which is the amount of daily time decay that decreases the value of your options contract. So here we know that even if delta and gamma increase, With Theta being -0.02 we can expect to lose 0.02 every day we hold this contract. INCLUDING WEEKENDS. So now the Equation becomes 2.05 (current value of delta + gamma after a $2 movement) – 0.02 = 2.03.
(4) Vega tells us that if Implied Volatility has a 1% change, then Vega will correlate the price increase or decrease related to the premium paid to buy/sell an option contract. If Vega is 0.01 then we add that to the value of the option contract. With 2.03 (Delta + Gamma – Theta) + 0.01 ($1) = 2.04.
We do not use RHO in this calculation.
Please note that these are not Static numbers and they will change drastically in relation to volume.
You will notice Greek Combinations that have very high Delta and Gamma and Vega translates to an option most likely having a Higher Implied volatility because of how much of a range the option can move in and out of the money from delta and gamma while understanding from Vega that there is also a lot of dynamic price movement to either side. You will find these combinations in ETF’s like SLV, GOLD, XLK, things like that. Because they have high In-the-money probabilities and because their price doesn’t move much, GAMMA is very high which in turn means that smaller changes in delta will add to your contract value quicker.
The most important thing here is understanding the formula and making sure there is liquidity (Volume and open interest) in your contract position.
I did want to touch on straddles and covered calls which many believe is a better way to trade options in terms of risk vs. reward.
Straddles
When an Investor is not sure which direction the market will move but has a strong opinion that there will be dynamic movement, a strategy that might be employed is the purchase of a straddle. This is the combining of a put and a call on the same stock with the same exercise price and expiration date. If the stock moves up, a profit is made on the call; if down, a profit is made on the put. Those who buy a straddle will profit from volatility while those who sell a straddle will profit if the market is stable because the options will expire unexercised.
Writing Calls
A Neutral or Bearish investor can write (sell) a call and collect the premium. An investor who believes a stock's price will stay the same or decline can write a call to:
(1) Generate income from the option premium
(2) partially protect (hedge) a long stock position by offsetting any loss on the sale of the stock by the premium amount
(3) If the stock price increases, the call may be exercised. In addition to the premium received when the option was sold, the writer will be paid the strike price for the stock.
If the option writer is the owns the stock on which the call is being written, is it known as a covered call and the risk is limited because no matter how high the stock price rises (meaning the call will certainly be exercised) , the writer merely uses the stock already owned (which has been deposited with the broker-dealer) to make delivery. However, if the writer does not own the stock, the option is uncovered (usually referred to as "naked" in the industry). That's when the risk is unlimited, because the writer must pay the going market price (and there is theoretically no limit as to how high a stock's price can go) to acquire the stock needed to fulfill the obligation to deliver. That is why Naked Call writing is the most risky option strategy.
\-Gamma Exposure (GEX) refers to the sensitivity of existing option contracts to changes in the underlying price of the S&P 500. Gamma Exposure informs you how options market makers will likely need to hedge their trades to ensure their options books are balanced.
Keep in mind, I just barely started peeling the banana here.
There is much more to learn.
$VYNE Therapeutics(VYNE.US)$ 
$Plug Power(PLUG.US)$ 
$Alibaba(BABA.US)$ 
$SPDR S&P 500 ETF(SPY.US)$

$Apple(AAPL.US)$ every $0.10 apple shares fall or rise, the market cap affected is $1.7Billion , also known as $1,700,000,000 per CENT fall or increase. 1 percent of apple can be a few small cap companies already LMFAO.

$TENCENT(00700.HK)$.. Prices going up..

My Youtube channel: Hopehope赋予希望
https://www.youtube.com/channel/UCAPWOEQKCpCWmzKkdo7v-iw
China's Didi has been under pressure since the first few days after its IPO. Being on the wrong side of PRC authorities, it proceeded to list its company on US exchange despite not having the blessing of the cyberspace administration of China. Why not against the authoritiees?
If you read my articles on my views on Didi, you would have known that for any investment into the chinese tech stocks isnt that clear for a win until the Didi ruling is out. Well Jack Ma being out of the woods having been to Europe temporarily let markets perceive the end is near. Well it wasnt that wrong but Hang Seng Tech retesting a few times above 6700 before falling back to around 6100 doesnt look pretty. Range bound for HS Tech is here isnt it?
But not all is bad! With one of the major overhangs concerning Chinese tech stocks due to the unclear direction for Didi, at least seeing it being delisted and maybe relisted to Hong Kong isnt that bad. For delisting to be so near to the IPO in US, there is a good chance that Didi cannot underpay for this in a way of lowballing the IPO investors. There may be a chance that speculators may take the chance to punt a delisting price of 14 USD. Will they be right or wrong?
That I cannot say for sure...
All I can say is China has been clearing alot of roadblocks and one of the 2 big hurdles for the flurry of regulations was catalysed (i) by Jack Ma comments that banks are like pawnshops in China and (ii) another being Didi insisting its listing in US despite not being blessed by China's authorities...
For trading, one has to remain agile and know how to cut loss. For investment, one has to really play the long game by staying focused on the business fundamentals and have a clear understanding of the macro and regulatory environments not only in China but as well as in the whole world.
As always, this should not be construed as any investment or trading advice.
$Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $DiDi Global (Delisted)(DIDI.US)$ $Youdao(DAO.US)$ $NetEase(NTES.US)$ $NTES-S(09999.HK)$ $JD.com(JD.US)$ $MEITUAN-W(03690.HK)$ $BILIBILI-W(09626.HK)$ $Bilibili(BILI.US)$ $HAIER SMARTHOME(06690.HK)$ $HUYA Inc(HUYA.US)$ $UP Fintech(TIGR.US)$ $XIAOMI-W(01810.HK)$ $Alibaba(BABA.US)$ $ALI PICTURES(01060.HK)$ $Alibaba Group Holding(05843.HK)$ $Futu Holdings Ltd(FUTU.US)$ $TENCENT(00700.HK)$ $BABA-SW(09988.HK)$ $JOYY(YY.US)$