7 Best Investments During A Recession

Here is the link.

1. Walmart 2. Duke Energy 3. Gold 4. Barrick Gold 5. GLD ETF 6. Berkshire Hathaway 7. Holding Cash

The Worst Mistakes Beginner Traders Make

Here is the link.

1:00 Too Emotional/Losing Control 1:30 Lack of recording your trades 2:06 Expecting easy profits 2:31 Blindly following Mechanical systems 3:20 Improper/Bad Timing 4:17 Placing Stops too tight 5:01 Not calculating Risk/Reward Ratio 6:02 Not cutting losses and Exiting too early

Trading Like a Pro 3: Mindset of Winners: Confidence, Work and Character

Here is the link.

Confidence -They have a deep rooted unshakable belief and confidence in their trading ability -They are humble to the power of the market and don't get a God complex. -They are completely honest with themselves and others about their abilities Work and Character -Always adapting with changing market conditions. -Constantly looking for any new edge -They have solid patience -They have a real good understanding at what their strengths and weaknesses are -Spend many, many hours studying, refining, researching, thinking -They focus on improvement one step at a time... A strategy that you used 10 years ago may no longer work or may work with some adjustments. The players change, the market conditions change. If I have a great strategy it won't necessarily work for the rest of your life... This is a game which can be very logical and systematic but a lot of emotions also come into trading. Allowing yourself to think about what is happening with my trading and strategy - how can I improve?

Trading Like a Pro 2: Habits And Patterns Of Winning Traders

Here is the link.

Winning Traders They run their winners with incredible consistency When in a winning trade they will not start looking for a reason to exit if anything - they will look for a reason and price level to ADD! Risk They take low risks and won't let any one position damage them.

Trading habits & Patterns of Winning traders

Losing trades

• They cut losers without question
• They never go home with a loser (short term traders)
• They cut the trade if it's not acting right without hesitation
• Their tolerance for loss is very low - they don't fear being wrong but fear serious damage

Winning trades

• They run their winners with incredible consistency
• When in a winning trade they will not start looking for a reason to exit if anything they will look for a reason and price level to ADD!

Risk

• They take low risks
• No risky positions relative to account
• They won't let one position damage them

Trading Like a Pro 1: Habits and Patterns Of Losing Traders

Here is the link.


What Losing Traders do - they take small profits - biggest theme amongst losing traders statements - they won't take losses - adding to losers, stopping for the day, week. - they have no real trading strategy - they just move from one system to another. - they don't truly accept risk - snatching profits using very tight stops - don't full commit to trading - they need to not be wrong - they just aren't happy unless they breakeven or at least make a little profit. -they won't give trading the respect it deserves (partly the industries' fault). Trading is a hard occupation to be in and successful traders deserve a lot of respect. - expect to compete against the best in the world...and win - unfortunately, the odds of short term success in trading are not bad (50%?). In any other profession the odds of success from the start are low - pilot or surgeon for instance.

Actionable Items

Strategies

- My strategy is to hold 20 Canada stocks, and 20 US stocks.

How To Be In the Top 10% of Successful Traders

Here is the link.

What are they doing that is making them stand out from everybody else? What are they doing- the mindset, process, whatsoever that makes them succeed.

If they are profitable they have a trading strategy works but what about their mindset - the psychology or thinking part.

What is it about their approach to trading that makes them succeed? What are they focused on?

The average trader out there is constantly looking at charts, prices, charts again, markets, patterns, strategies..etc - always looking for the next trade.

Profitable traders are focused on their performance - they know that profitable strategies are not difficult to find - its all about putting the right strategies and applying that to the right market conditions.

They are focused on their past performance and how they can improve on that. Your mindset, approach and performance are very much more important than looking out for the next best trade.

4 Trading Mistakes that Traders with Some Trading Experience (6 months to 12 months) Make

Here is the link.

1) Trading the right market - Why am I trading? I see many traders sticking to one market but using or tweaking a strategy that doesn't work that well with that market. If you are scalping you need a market that is conducive to scalping while if you're swing trading you need a market that is moving - perhaps not too aggressively but moving nonetheless... Using the right tools in the right conditions can change your performance overnight so this is something you need to pay attention to.
2) Putting things into perspective - I see this a lot - I see a lot of traders trying to put everything in and getting caught too much in the present moment. Well guys, the markets are going to be here tomorrow - you don't need to keep stressing yourself and pushing yourself too hard. You are already in a privileged position to be able to be trading compared to many other people...
3) Life balance - Again, this does improve your trading. You've got to have time to take a break, hobbies and family. That will not only improve your life but also your trading.
4) I think you need a system to be alerted of new ideas or trading opportunities. Some traders just wait for the opportunities to come to them but that is too slow and in any case I believe that creates the danger of getting involved in stuff that you shouldn’t be involved in.

Common Psychological Trading Mistakes

Here is the link.

1) Beliefs about market direction - leave the beliefs to talking heads on Bloomberg - you are a trader. For about beliefs - you are just looking for good trades. 2) Increasing position size aggressively. I've done this myself and got smacked down on the face several times due to this. 3) Chasing the trade when you have no good risk/reward. We want to get onboard trades but not at any cost. If you can't have a good entry then you have no business being in the trade. 4) No plan - this is a big one. Trading with no plan is no good. You need at least a basic plan - have some risk management in place! 5) Ignoring the trading plan - due to fear of loss you don't close trades because you don't want to crystallise the loss. 6) Being wrong and letting ego keep you wrong. 7) Jumping in with no defined setup. 8) Seeking other people's opinion.

How to Create Wealth In 2020

Here is the link.

This Is Why 90% Of Traders & Investors Lose Money...

Here is the link.

Due diligent. Investigate. Avoid cheating.

Why 80% Of Day Traders Lose Money

Here is the link.

Overconfidence
Downplay their losses
Without enough research jump into research


Four emotions

Hope
Greed
Fear - Missing out little longer
Regret - What if I invest all of ......

Low investment
more risk

Gigi Hadid: What Would Gigi do? | 10 Things You Didn't Know | British Vogue

Here is the link.

In this exclusive Gigi Hadid interview, we asked what would Gigi do if someone was being mean to her sister Bella Hadid? Or if she was sitting next to her ex-boyfriend on a six hour flight? Or if she had to pretend to have a British accent? Fortunately, the British Vogue cover girl always knows what to do - and now she wants to know what you would do. Watch the film and then comment below.

Vogue meets celebrities and models of the moment to find out everything from their most-prized posessions to their most embarrassing stories; what they eat and who they date. From Gigi Hadid to Karlie Kloss, this is the series that lets you get up close and personal to your pop culture idols.

SJTU investment group - First lecture on May 8, 2020 8:00 PM

May 10, 2020

Introduction

It is less than one hour talk on Zoom in our SJTU investment group. I like to review the notes and then put together some highlights. 

Review of notes

Here are highlights:

1. Long term investment - 8 - 10 years, find a husband to marry, when to marry? 22 yr olds, 26, 28 yr old;
2. Sector research - how the different sector works 
3. Understand history review, 79 - 99, 99 - 2019, and then next 10 years
4. Two sectors: 5G and high technologies 
5. Problem solving skills - learned from Jiaotong university, research ability

I will add more later.

Charles Schwab - Par 401 K 14 year history from 2007 to 2020

May 10, 2020

Introduction

It is tough road to be an investor last 12 months. I like to showcase my par 401 K and see last 12 months performance.

Par 401 K 10 year history

My original investment is $8000 US dollar started from 2007. Here is the blog.

Chinese math competition winners - Linkedin profile

Here is the link.

I do not have too much time, so I just try to find 10 professors or outstanding researcher through Google.

一、1985年，第26届。团体冠军：罗马尼亚。中国队派出2名选手，第一次参加国际中学生数学奥林匹克竞赛。

1、吴思皓，上海向明中学，获铜牌，保送上海交通大学。毕业赴耶鲁大学读博士。

2、王锋，北京大学附中，没获奖牌，保送北京大学。现做企业软件。

二、1986年，第27届。团体冠军：美国、前苏联。

1、方为民，河南实验中学，41分获金牌，保送北京大学。

2、张浩，上海大同中学，39分获金牌，保送复旦大学。

3、李平立，天津南开中学，37分获金牌，保送北京大学。现任北大方正技术研究院技术总监。

4、荆秦，女，陕西西安八十五中，26分获银牌，保送北京大学。现美国哈佛大学教师。

5、林强，湖北黄冈中学，19分获铜牌，保送中国科技大学。

6、沈建，江苏泰县姜堰中学，15分未获奖牌。

三、1987年，第28届。团体冠军：罗马尼亚。

1、刘雄，湖南湘阴中学，满分42获金牌，保送南开大学。

2、滕峻，女，北大附中，满分42获金牌，保送北京大学。现在美国费城大公司任职。

3、林强，湖北黄冈中学，34分获银牌，保送中国科技大学。

4、潘于刚，上海向明中学，34分获银牌，保送北京大学。

5、高峡，北大附中，29分获铜牌，保送北京大学，赴美国科罗拉多大学博士，现北京大学数学系任教。

6、何建勋，广东华南师大附中，19分获铜牌，保送中国科技大学。

四、1988年，第29届。团体冠军：前苏联。

1、何宏宇，四川彭县中学，满分42获金牌。1993年破格列入美国数学家协会会员，1994获麻省理工数学博士学位，现任亚特兰大乔治大学教授，博导，在《李群》研究上有重大突破。

2、陈晞，上海复旦附中，41分获金牌，保送复旦大学。赴哈佛大学读博士，现加拿大阿尔伯塔大学教授。

3、韦国恒，湖北武钢三中，30分获银牌，保送北京大学。

4、邹钢，江苏镇江中学，30分获银牌，保送北京大学。

5、查宇涵，江苏南京十中，29分获银牌，保送复旦大学。现为中科院数学所研究员。

6、王健梅，女，天津南开中学，29分获银牌，保送北京大学。

五、1989年，第30届。团体冠军：前苏联。

1、罗华章，重庆永川中学，满分42获金牌，保送北京大学。赴麻省理工读数学博士，现美国某软件公司任职。

2、蒋步星，新疆石河子五中，41分获金牌，保送清华大学。现为润乾软件的老总。2015年，他的润乾软件被福布斯中文网站评为“2015福布斯中国非上市潜力企业100强”。

3、俞扬，吉林东北师大附中，41分获金牌，保送吉林大学。现 美国俄亥俄州立大学数学老师。

4、霍晓明，江西景德镇景光中学，41分获金牌，保送中国科技大学。赴斯坦福大学读统计博士，现佐治亚理工学院教师。

5、唐若曦，四川成都九中，37分获银奖，保送中国科技大学。赴哈佛大学读统计博士。

6、颜华菲，女，北京人大附中，35分获银牌，保送北京大学。赴麻省理工学院读数学博士，现美国德克萨斯大学教授。

六、1990年，第31届，团体冠军：中国。

1、周彤，湖北武钢三中，满分42获金牌，保送北京大学。

2、汪建华，陕西汉中西乡一中，满分42获金牌，保送南开大学。赴麻省理工学院读数学博士，现美国陈省身数学研究所工作。

3、王菘，湖北黄冈中学，41分获金牌，保送北京大学。赴美国普林斯顿大学读数学博士，任耶鲁大学教师，2006年作为中科院“百人计划”回国。

4、余嘉联，安徽铜陵一中，36分获金牌，保送清华大学。

5、张朝晖，北京四中，36分获金牌，保送北京大学。

6、库超，湖北黄冈中学，33分获银牌，保送北京大学。赴美国加州理工学院读数学博士，现北师港浸大教师。

七、1991年，第32届。团体冠军：前苏联。

1、罗炜，黑龙江哈师大附中，满分42获金牌，保送北京大学。赴麻省理工读数学博士，在浙江大学数学科学中心任博士后。

2、张里钊，北大附中，41分获金牌，保送北京大学。赴麻省理工数学读博士。

3、王绍昱，北大附中，40分获金牌，保送北京大学。赴加州理工学院读数学博士，现耶鲁大学教师。

4、王菘，湖北黄冈中学，40分获金牌，保送北京大学。赴普林斯顿大学读数学博士，现耶鲁大学教师。

5、郭早阳，湖南师大附中，36分获银牌，保送清华大学。赴美国西北大学读博士，于2011年11月被重庆大学引进到工程力学系任教授、博导，2012年入选中组部第二批“青年千人计划”。

6、刘彤威，北大附中，32分获银牌，保送北京大学。

八、1992年，第33届。团体冠军：中国。

1、沈凯，江苏南京师大附中，满分42获金牌，保送上海交通大学。

2、杨保中，河南郑州一中，满分42获金牌，保送北京大学。赴美国斯坦福大学读金融博士，任斯坦福大学教师、美国佐治亚州立大学教授。

3、罗炜，黑龙江哈师大附中，满分42获金牌，保送北京大学。赴麻省理工读博士，任浙江大学教师。

4、章寅，四川成都七中，41分获金牌，保送北京大学。赴康奈尔大学读计算机博士，任美国得克萨斯大学奥斯汀分校教师。

5、何斯迈，安徽安庆一中，40分获金牌，保送中国科技大学。赴美国纽约州立大学石溪分校读博士，任上海财经大学教授。

6、周宏，北大附中，33分获金牌，保送北京大学。

九、1993年，第34届。团体冠军：中国。

1、周宏，北大附中，满分42获金牌，保送北京大学。2、袁汉辉，广东华南师大附中，37分获金牌，保送清华大学。赴麻省理工读数学博士，因精神问题被退学。在华南师大数学科学学院工作，2005年的女子数学奥林匹克有他供题一道。

3、杨克，湖北武钢三中，36分获金牌，保送清华大学。赴美国卡耐基梅隆大学读计算机博士。

4、刘炀，湖南师大附中，35分获金牌，保送上海交通大学。

5、张镭，山东青岛二中，34分获金牌，保送北京大学。

6、冯炯，上海向明中学，31分获金牌，保送上海交通大学。

十、1994年，第35届。团体冠军：美国。

1、张健，上海建平中学，满分42获金牌，保送北京大学。赴俄罗斯莫斯科国立大学数学系读博士。

2、姚健钢，人大附中，满分42获金牌，保送北京大学。赴美国加州大学伯克利分校读数学博士。任巨人学校奥数讲义编写组顾问。

3、彭建波，湖南师大附中，满分42获金牌，保送北京大学。赴美国纽约大学读计算机博士。

4、奚晨海，北大附中，34分获银牌，保送北京大学。赴美国匹兹堡大学读计算机博士。

5、王海栋，上海华东师大二附中，35分银牌，保送复旦大学。赴美国斯坦福大学读计算机博士。

6、李挺，四川内江安岳中学，34分银牌，保送北京大学。

十一、1995年，第36届。团体冠军：中国。

1、常成，黑龙江哈师大附中，满分42获金牌，保送北京大学。赴美国加州大学伯克利分校读电子工程博士。

2、柳耸，山东省实验中学，满分42获金牌，保送北京大学。上海安家落户。

3、朱辰畅，女，湖北武钢三中，满分42获金牌，保送北京大学。赴美国加州大学伯克利分校读数学博士，现美国哥廷根大学数学系教授。

4、王海栋，上海华东师大二附中，38分获金牌，保送复旦大学。赴美国斯坦福大学读计算机博士。

5、林逸舟，山东省实验中学，36分获银牌，保送清华大学。赴美国加州大学洛杉矶分校读计算机博士。

6、姚一隽，上海复旦大学附中，36分获银牌，保送复旦大学。赴法国巴黎综合理工大学读数学博士，现复旦大学教授。

十二、1996年，第37届。团体冠军：罗马尼亚。

1、陈华一，福建福安一中，32分获金牌，保送北京大学。赴法国巴黎综合理工大学读数学博士，现北京大学教师。

2、闫理，北京二十二中，30分获金牌，保送北京大学。赴普林斯顿大学读数学博士，改斯坦福大学金融博士。

3、何旭华，重庆十八中，30分获金牌，保送北京大学。赴麻省理工读数学博士，历任香港科技大学数学系副教授、美国马里兰大学教授，2013年获颁“晨兴数学金奖”。现任香港中文大学教授。

4、王列，辽宁沈阳育才学校，27分获银牌，保送北京大学，赴沃顿商学院坊统计博士。

5、蔡凯华，江苏启东中学，23分获银牌，保送中国科技大学。赴美国加州理工学院读数学博士。

6、刘拂，女，上海复旦大学附中，18分获铜牌，保送北京大学。赴麻省理工读数学博士。

十三、1997年，第38届。团体冠军：中国。

1、邹瑾，湖北武钢三中，388分获金牌，保送北京大学。任高思教育集团联合创始人、副总裁、爱尖子事业部CEO，巨人学校奥数教练。

2、倪忆，湖北黄冈中学，38分获金牌，保送北京大学。赴美国普林斯顿大学读数学博士，2003年在普林斯顿大学研究低维拓扑，2007年去哥伦比亚大学和麻省理工学院从事博士后研究。目前为加州理工学院教授。

3、韩嘉睿，广东深圳中学，38分获金牌，保送北京大学。赴美国斯坦福大学读统计博士。

4、安金鹏，天津一中，37分获金牌，保送北京大学。任北京大学数学科学学院教授。安金鹏入选教育部2016年度“长江学者奖励计划”青年学者。

5、孙晓明，山东青岛二中，37分获金牌，保送北京大学，改清华大学读计算机博士。

6、郑常津，福建福安一中，35分获金牌，保送北京大学。

My homework

Prof. Jin Qin, here is the link.

I like to learn more about those math background professionals, and see if I can learn something from them.

I do believe that it is not easy to figure out how to be a successful business person, specially math education is different from business education.

2020-05-09 美国股市“惊惊涨”到哪里？

Here is the link.

Wave theory - 什么是第五浪？

Here is the link.

1st wave

2nd wave

3rd wave

4th wave

5th wave

这个视频简单介绍了波浪理论的判断和最基本的应用， 目标是帮助初学者认识波浪理论以及了解波浪理论的利弊，以此完善股票分析的技术面的知识。 视频尚未涉及波浪理论深层次的应用， 但是随着知识的增长， 相信朋友们一定会对波浪理论触类旁通。

March 20 SPX 2200 - bottom, five waves up

From 2009 to 2020, five wave theory

Facebook stock study

May 10, 2020

Introduction

I am still working on my business learning through investment. I went to Facebook onsite in August 2019. I spent time to attend Facebook social event starting from 2015 in the city of Vancouver, but I did not invest Facebook stock back in 2015.

Facebook stock study

Here is the link.

吐槽华尔街Odzwallstreet

Here is the link.

美股选股 - How to be smart?

May 10, 2020

Here is the link.

美股分析 干货选股技巧！举一反三！以美股原油版块为例，该如何选择？原油期货、能源ETF（USO、USL等）、个股（埃克森美孚、西方石油等）优劣对比！

One of comments:

石油太重要了，是国家战略资源，太多政治博弈在里面，世界上很多个经济体都是靠油撑着的。现在石油是远远的供大于求，除了限制开采量以外，根本没有别的办法提升油价。中东和俄罗斯的原油开采成本价格小于$20/桶，美国高于$30/桶。OPEC可以选择大家好好玩都赚钱，也可以选择互相搞对方。技术指标可以作为一个参考，但是不要过度依赖。我也做youtube，上传了一个视频讲原油期货，希望有帮助。

纳斯达克重新站上9000点的真相是什么？ 你敢买吗？

Here is the link.

Never Mind Warren Buffett: Air Canada (TSX:AC) Stock Is a Buy

Here is the article.

Here are highlights from the articles:

1. Airlines are at risk of bankruptcy as much as any other player in this field;
2. Air Canada can ground its fleet and expect to resume business as soon as governments give the all clear;
3. Compared to Boeing, Air Canada is a better choice;
4. 
   

Air Canada is the one aerospace stock to own right now

Of course, airlines are at risk of bankruptcy as much as any other player in this field. However, Air Canada is not reliant on giant contracts in the same way that the likes of Boeing are. Air Canada can ground its fleet and expect to resume business as soon as governments give the all clear. It’s far from ideal, and lost revenue is lost forever. But the stakes are arguably lower than they are for a manufacturer.

Investors should bet on a recovery. Not just a relief rally. But a sustained return to normal operations. Of course, physical-distancing measures will have to be implemented at airports and when traveling on flights. The world will likely never be exactly the way it was before the pandemic. But air travel cannot be halted forever. At some point, Canadians will begin flying again. And when they do, Air Canada will fly them.

It’s a fairly simple contrarian thesis on the face of it. Investors trying to navigate the market have been finding it next to impossible to time. Indeed, analysts and asset managers have been advising that investors do not try to time the bottom of this market. However, a broad strokes approach to the coronavirus market involves looking towards a total eventual recovery, buying in stages, and going long.

Of course, no investment comes without risk. A personal investment portfolio should therefore be diversified at every level. Just as the stock segment of a broader portfolio should be spread across sectors, such investments should be counterweighted by other asset types. Investors buying stocks should also mix in the best bonds to give a broader mix of stabilizing holdings for the long term.

Kevin O'Leary estimates 20% of small business loan recipients will go bankrupt

Here is the link.

The road back from coronavirus won't be easy, even for some small business owners who received a Paycheck Protection Program loan from the government. Kevin O'Leary, chairman of O'Shares ETFs and co-host of "Shark Tank," joins "Squawk Box" to discuss.

Say goodbye to 198 lb weight and say hello to 184 lb in 30 days

May 9, 2020

Introduction

It is such tough season since I have allergies. All my attention is about coronavirus, full time job and also my allergies. My weight went up to 198 lb. I need to work on weight control seriously.

10 things to change

Here are my highlights. I am very experienced person to control weight.

1. No more red meat. Only eat chicken. To save cost, no beef, shrimp etc. 
2. Run 3 miles a day, one hour; 
3. Get up around 6:00 AM every day; 
4. Eat less and experience hungry a few times a day; Cut snack;
5. Play some tennis against the wall; 
6. Control portion of my food; Drink more water

Business plan: Set up $10,000 Canada portfolio to help Canada business recover

May 9, 2020

Introduction

Vancouver is such a nice living city and I enjoy urban life even I am so frugal, rent a small bedroom in nice house. I enjoy outdoor last 10 years, and I do think that I am the lucky one to have a stable job, my full time job is not affected by coronavirus, and my rental business is running normal in USA Florida. What I like to do is to take care of my health, my allergies. But  I like to see if I can invest $20,000 Canada dollars before British Columbia reopens in next 1 - 2 weeks.

$10,000 dollars portfolio

I am not so good at fundamental analysis. What I can do is to add more investment based on March 27, 2020. I will prorate shares based on market cap.

Actionable Items

May 21, 2020

I did not act after I wrote the business plan. I have to review the whole process. How should I manage myself as an investor, a Canadian, and also 53 year old.