Hanshenggg
voted
Afternoon traders. Happy Wednesday, October 30th. The market is pulling some mischief on the day before Halloween, known as mischief night in the United States. Indexes are climbing, but some earnings responses are severe. $Meta Platforms (META.US)$ and $Microsoft (MSFT.US)$ are due to report after the market closes.
My name is Kevin Travers; here is the news about animal spirits moving markets today.
$Super Micro Computer (SMCI.US)$ fell 30% ...
My name is Kevin Travers; here is the news about animal spirits moving markets today.
$Super Micro Computer (SMCI.US)$ fell 30% ...
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Past 2 days were the exact investing reminder I needed (and why I hardly trade 🤑)
Context: after getting it somewhat right for 4 days, I gained “confidence” I could predict where the market would go, taking on aggressive bear / bull positions. 📈📈📉📉 $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
Recognising my hubris trap ⚠️, or “precedence fal...
Context: after getting it somewhat right for 4 days, I gained “confidence” I could predict where the market would go, taking on aggressive bear / bull positions. 📈📈📉📉 $Direxion Daily S&P 500 Bear 3X Shares ETF (SPXS.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
Recognising my hubris trap ⚠️, or “precedence fal...
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Hanshenggg
reacted to and voted
TLDR - tried a thing, did not work 😢
Context: Moomoo’s Papertrading ends 3 Oct, which meant I had to maintain 1st place for 4 more days (at start of Fri).
Logic: I observed the leaderboard & fluctuation patterns, noting the table toppers were mostly long China.
However on Tue, we had a sizeable correction (5-8%) post-Mon rush (which in fact, caused much grief in our competitors’ Whatsapp chat 😂)
Action: With my slim 2% lead, I unloaded all positions & my i...
Context: Moomoo’s Papertrading ends 3 Oct, which meant I had to maintain 1st place for 4 more days (at start of Fri).
Logic: I observed the leaderboard & fluctuation patterns, noting the table toppers were mostly long China.
However on Tue, we had a sizeable correction (5-8%) post-Mon rush (which in fact, caused much grief in our competitors’ Whatsapp chat 😂)
Action: With my slim 2% lead, I unloaded all positions & my i...
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Hanshenggg
reacted to and voted
🚇❌ extra 30 mins travel means got time to post!
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
📈 Stocks traded: $Micron Technology (MU.US)$ + China stocks $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$
🔄 Frequency: >15 trx, in and out
Reasoning 🤔:
(1) Gamble on Micron 💻 paid off; decided to take profit 💰 given market exurberance after rate-cut
(2) Lots of volality around chinese stocks - but there’s a FOMO cost for me, what if it moons? 🌝 so I set conservative price targets and skimmed top & bottom ↕️
Result 🔖:
Day 3 e...
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Hanshenggg
commented on and voted
Using this space to share my method to the madness ✨ Comment below!
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
📈 Stocks picked: $PDD Holdings (PDD.US)$ $Alibaba (BABA.US)$ $NIO Inc (NIO.US)$
🧠 Reasoning: China’s stimulus was an adrenaline shot in the arm 💉 After months of depressed prices, there was bound to be a market reaction / hedgefund shorters closing positions 👋🏻
However, I theorized the run wouldn’t last, given limited global confidence + general bearish environment in China 🇨🇳 Hence, opted to pla...
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Hanshenggg
reacted to and commented on
As day 2 of Moomoo Money Master kicks off, imposter syndrome is hitting hard! Am I even qualified to be here? 😂
I’ve got zero experience in trading - all these technical charts / graphs meaning zilch to me 🤡
Anyway best foot forward - gonna try to pick some winners and hopefully they pop this week. Let's take it a day at a time! 💪💪💪
#huatah
I’ve got zero experience in trading - all these technical charts / graphs meaning zilch to me 🤡
Anyway best foot forward - gonna try to pick some winners and hopefully they pop this week. Let's take it a day at a time! 💪💪💪
#huatah
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Hanshenggg
reacted to and voted
Using this space to share the method to the madness ✨ Comment below!
🚇❌ MRT breakdown means more time to post!
📈 Stocks picked: $Micron Technology (MU.US)$ $NVIDIA (NVDA.US)$ PDD
Reasoning: After a successful sell-out of my Chinese stocks, plunged into PDD again to bottomfish 🐟 They remain undervalued post last months’ collapse 🌋
Strategic gamble on $Micron Technology (MU.US)$ due to impending results looks like it will pay off!
Pre-market up 15%! Will it soar furthe...
🚇❌ MRT breakdown means more time to post!
📈 Stocks picked: $Micron Technology (MU.US)$ $NVIDIA (NVDA.US)$ PDD
Reasoning: After a successful sell-out of my Chinese stocks, plunged into PDD again to bottomfish 🐟 They remain undervalued post last months’ collapse 🌋
Strategic gamble on $Micron Technology (MU.US)$ due to impending results looks like it will pay off!
Pre-market up 15%! Will it soar furthe...
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