Haha.. a lot of people were talking about ASHR in the Chinese forum. I can image how many people are so crazy about the Chinese stock market in mainland China. Oh, well. I might have missed the boat. But I'm not sure whether it is called gamble with one day 5% up/down or "invest".
Just not for me. I'm seeking a steady return as much as possible. I'm stick to the US market. ( I play no individual stocks either). If something already proves to be working, why do I need to change?
That is called dedication and concentration. :-)
Update at 9:05am.
The market is weak. I was wrong last night. But I decide to wait later to see whether I need to do any trading.
Update at 10am:
The positions are under pressure now. I might end up losing this week. Oh, well. I expect that! so it is ok.
Updated at 11:00 am:
Don't over hedge it! I'm good for now. :-). Do some reading.
Updated at 11:40am
hmmm... the market is not very challenging. :-) I'm going for lunch.
Updated for the day:
I need to finish some tasks at work now. It is a losing day. But the loss is pretty small and doesn't affect me to carry on my normal life. I controlled it pretty well and I will be ok. No one wins every day and every week. I would have started to get worried if I don't lose money.
I don't want to build my position very bearish. Two weeks are down already. I might close some short positions if the market continuely slides tomorrow.
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ReplyDeleteI don't understand why you changed your neutral strategy? Would that be better to deal with today? Thanks.
ReplyDelete