Shanghai Composite Index: just a narrative
Cập nhật
Hi Guys,
here the allocation of some events that impacted the Shanghai Composite Index (as well as worldwide financial markets):
1) China became a member of the World Trade Organization (WTO) on 11 December 2001; (en.wikipedia.org/wiki/China_and_the_World_Trade_Organization)
2) Financial crisis of 2007–08; (en.wikipedia.org/wiki/Financial_crisis_of_2007–08)
3) 2015-2016 Chinese stock market turbulence; (en.wikipedia.org/wiki/2015–16_Chinese_stock_market_turbulence
TO NOTE: following 2) and 3) the Index was always supported at higher levels.
Need to take into consideration that stock market is still young and the System must be supported.
TO NOTE: impact of COVID19 in the violet circle at present.
Please share your views or comment and if you have any questions please do not hesitate to ask.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
here the allocation of some events that impacted the Shanghai Composite Index (as well as worldwide financial markets):
1) China became a member of the World Trade Organization (WTO) on 11 December 2001; (en.wikipedia.org/wiki/China_and_the_World_Trade_Organization)
2) Financial crisis of 2007–08; (en.wikipedia.org/wiki/Financial_crisis_of_2007–08)
3) 2015-2016 Chinese stock market turbulence; (en.wikipedia.org/wiki/2015–16_Chinese_stock_market_turbulence
TO NOTE: following 2) and 3) the Index was always supported at higher levels.
Need to take into consideration that stock market is still young and the System must be supported.
TO NOTE: impact of COVID19 in the violet circle at present.
Please share your views or comment and if you have any questions please do not hesitate to ask.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
Ghi chú
The Index recevered the gap on Feb 3 as "China moves to limit short selling as virus looms over market reopening" reuters.com/article/us-health-china-shortselling/china-moves-to-limit-short-selling-as-virus-looms-over-market-reopening-idUSKBN1ZW0P2Ghi chú
Here the real economy:zerohedge.com/economics/terrifying-charts-show-chinas-economy-remains-completely-paralyzed
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.