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When compared to YINN, you may think that it does not move as high as CN50 from the look on the chart. Please note that this is leveraged ETF, which is a 3x multiplier on the bull side.
YINN is suitable for those who can tolerate a higher amount of risks and this can be used sparingly for short term trades. Currently, the US-CHINA tension is rising so if CN50 falls, so will YINN as well. And that is 3x effect, make sure you can stomach it before attempting.
You have been forewarned. When trading, always understand the risks first, not the rewards as the latter can be so tempting (that is what the brokers have to do to earn your money) that you forgot about the risks. It is good to be optimistic, confident and getting into action but do it slowly not abruptly.
When compared to YINN, you may think that it does not move as high as CN50 from the look on the chart. Please note that this is leveraged ETF, which is a 3x multiplier on the bull side.
YINN is suitable for those who can tolerate a higher amount of risks and this can be used sparingly for short term trades. Currently, the US-CHINA tension is rising so if CN50 falls, so will YINN as well. And that is 3x effect, make sure you can stomach it before attempting.
You have been forewarned. When trading, always understand the risks first, not the rewards as the latter can be so tempting (that is what the brokers have to do to earn your money) that you forgot about the risks. It is good to be optimistic, confident and getting into action but do it slowly not abruptly.
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