Did back testing on theory, bought some based on technical indicator, try to profit. If wrong, take the loss and adjust strategy.
No matter how high the market is, there are always undervalued stocks due to fear in the market. Look for those trading near 52 weeks low and start to sieve out the good one that can hold for long term by looking at the business. Be patient to enter at a discounted rate.
Currently some Chinese stocks are looking good due to the current regulation issues. Once situation has stabilised, valuation will go back up.
$TENCENT HOLDINGS LIMITED(TCTZF.US$ $Alibaba(BABA.US$
Currently some Chinese stocks are looking good due to the current regulation issues. Once situation has stabilised, valuation will go back up.
$TENCENT HOLDINGS LIMITED(TCTZF.US$ $Alibaba(BABA.US$
23
11
What happens if u get the answer wrong? Can you retry without losing your chance? Very tempted to clock the wrong answer to test this out.
Never buy above 12MA in daily chart. Like my father used to teach me, patience is a virtue. I would only buy stocks at a discount