Saturday, April 4, 2020

Learn about short sale - option trading

April 4, 2020

Introduction


It is time for me to learn from a lot of investors on the market, and also try to find what I should be. Sometimes I found myself under pressure as an investor, and I was so surprised to learn that I do not have motivation to sell profit. Making money is so important as an investor, but I am lack of discipline and hard working.

Case study


I like to read about LF coffee in China, and how the company scandal and recently news.

Here is the article I read.

不要投机,不要做空


去年十月份,注意到了LK。我不看好他烧钱的商业模式,猜测他们有造假行为,同时也参考了神州租车的上市历史,我当时赌他IPO后股东套现下跌,所以我开始做空。价格19,做了5000股。十万的仓位挺重的,因为我本金只有三十万,然后还做空了其他的股票。这里我犯的几个错误:做空,新手做空,重仓做空。当时脑海里也闪念过,一些中概股IPO 半年后反倒有个上涨的小高潮,但是我怀着侥幸的心理,觉得长久看还是会跌,并且担心开跌之后借不到票。

Actionable Items



I do not like to take too much risk to buy option. I do like to invest US economy, and understand diversification, long term investor, and also understand how to do asset allocation, make sure that I will not buy high and sell low, panic selling, time the market. 






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