You found the song where you are? Excellent.
Some art related to trading/investing
- Thread starter Nobert
- Start date
You found the song where you are? Excellent.
Nah. Still away. One week left tho.
Well, isn't your current country of abode a fraker. The hell they do not allow YT. F THEM!
I have a song for that too, but you would not be able to see it, because country. FRAKERS, ALL OF THEM!
It's a vessel
It's a vessel
A vessel in international waters? Then there is no jurisprudence man! Now I am getting even more mad.
Oy!
Bed time as well. Night.
I'll bite the bullet.
One of the major positions TAL down 80%.
I know. Now, i know.
Took the risk, - paid the price. Hmnn.
Never again will i touch some overpriced chinese s.
Not going to close tho.
& Funny thing that it happened on Bday. Last yr opened account during it & major crash. Life's good at trolling.
Anyway, some good news, - 70%~ of salary invested. Will try to keep this pace & even at higher rate.
+ A free month & few ideas for the drawing too.
Thus, things looks promising.
One of the major positions TAL down 80%.
I know. Now, i know.
Took the risk, - paid the price. Hmnn.
Never again will i touch some overpriced chinese s.
Not going to close tho.
& Funny thing that it happened on Bday. Last yr opened account during it & major crash. Life's good at trolling.
Anyway, some good news, - 70%~ of salary invested. Will try to keep this pace & even at higher rate.
+ A free month & few ideas for the drawing too.
Thus, things looks promising.
Oh man, that's brutal..
This is ultimately why I'm not putting more than 5% into single stock position anymore. With traditional measure of "risk" well under 1%.
Regardless of back test results.
This is just the nature of the beast. 100% of invested capital is always at risk. Stock may go down to nearly 0 at any point. LKNCY was another mess starting with being delisted from major exchange in 2020 after "CEO cooking books" scandal. Chances of that happening with Chinese companies are certainly much greater. But not an impossibility for US ones too.
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Yes. It is brutal.
I think, having ~5% per position, will be a must from now on. TAL was 15%~, yet it was unhedged bet.
In future, 15% only if im absolutely certain. And anywhere but the chinese market. Other than that, 5%, yup.