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  1. yc47ib

    My China Thesis Entitled... The Biggest Lie Ever Told

    OP has never lived in China and is making all arguments based on readings, and many on the fake news (biased reports) media. Wish he does not bet his saving on this thesis, since the Chinese stock market just turned bullish and will probably stay that bullish for at least another year or so...
  2. yc47ib

    My China Thesis Entitled... The Biggest Lie Ever Told

    A point: for most Chinese, salary is just a small fraction of their real income. So the ratio could not be that bad.
  3. yc47ib

    My China Thesis Entitled... The Biggest Lie Ever Told

    As a Chinese descendant who has traveled between China and the US for the past decade and half, constantly finding and predicting the fall of China, I finally gave up in 2016 and came back to the US. Yet, China is still standing there and with all my friends richer. It is me who is struggling...
  4. yc47ib

    amateurs have no chance

    By trying for 20 years persistently, an amateur becomes a pro.
  5. yc47ib

    The S&P 500 has topped on 2/25/2019 at 2813.49

    Jan and Feb. saw a relentless bull market. We are heading to 2835, then 2900, passing previous high at 2940 within the month of March or April, new high like 3000 is in sight, 3500 by end of the year is trivial feat. Trump will be elected president again in 2020. God bless America.
  6. yc47ib

    Adventures in Automation

    Best of luck!
  7. yc47ib

    Why Joining a Prop Firm right now is a Huge Mistake

    As a trader, one not only need to know when to stop trading, but also need to know to adjust his/her strategy and edge, since nothing will stay the same all the time. But there is different patterns that repeat themselves on monthly, annually basis. As a trader, if you can survive long enough to...
  8. yc47ib

    Blowouts

    are all these sentiments signaling a bottom is coming?
  9. yc47ib

    A real trader posting real trades to benefit newcomers.

    Market should reach the oval area, then turn back lower, maybe creating a new low around 2550ish
  10. yc47ib

    A real trader posting real trades to benefit newcomers.

    people still remember the dot com burst years, where stocks of hundreds of dollars became pennies in a few weeks time. LOL
  11. yc47ib

    A real trader posting real trades to benefit newcomers.

    It turned out a slow climbing up a wall of worries. The 2815ish target should be reached before the Trump Xi meeting, the next leg down can be right on or after that. Enjoy the slow ride up and looking forward to the roller coaster down hill. It is going to be fun.
  12. yc47ib

    A real trader posting real trades to benefit newcomers.

    Gold is getting into some interesting area. Good for both long and short.
  13. yc47ib

    A real trader posting real trades to benefit newcomers.

    finally touches the CHEN's zone, and expect a large upward reversal tomorrow, targets: 2747-2780-2815, if not all reached by tomorrow, maybe by Friday, or next week. Heading to the Trump Xi Meeting next week.
  14. yc47ib

    David Stockman's Prediction: Epic Downturn Is Here

    Thank you for leading me to some very good videos. Appreciate you sharing this. Have a great weekend.
  15. yc47ib

    A real trader posting real trades to benefit newcomers.

    Today the market says it is hesitating in coming down fast. Trading the range with a downward bias is the way to make money.
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