Chinese investors VS US riskers

[xushan8]

I am a chinese investor,and I like risking and gambling. For many US investors,they dont know about Chinese investors.In fact,almost riskers were lost .I have lost 150,000
yuan for 4 years.And there left only 5000yuan in my account now which were 4000 yuan in the trough. I am not depressing cos I found US market is more simple than ours.If I could earn a lot of money in my market then I have enough money risking in US market.
I never give up however tough life it will be,I am near to victory .God bless us,God bless
USA.

 

[tomorton]

We have a view in the west that gambling can be good entertainment: especially for people who already like horse racing, boxing, football etc. This means that it really does not matter if you win or lose so you do not really have to have a plan or know much about the sport.

But trading and investing are a business. It is a job, it is work. It should not be exciting or entertaining. You must understand the market and you must have a plan. Test your plan with paper trades before you put in real money into real trades.

 

[xushan8]

We have a view in the west that gambling can be good entertainment: especially for people who already like horse racing, boxing, football etc. This means that it really does not matter if you win or lose so you do not really have to have a plan or know much about the sport.

But trading and investing are a business. It is a job, it is work. It should not be exciting or entertaining. You must understand the market and you must have a plan. Test your plan with paper trades before you put in real money into real trades.

Thank you for your advice.I will be more careful in the market.There is a proverb in China originated from 《Yi jing》：“战战兢兢，如履薄冰”，which means "walking scared on the thin ice".

 

[tomorton]

I understand. At this time, better to be like the fox than the tiger.

 

[arabianights]

Fun fact: Problem gambling in UK is approximately 0.5%. In Hong Kong it's closer to 5.5%

 

[xushan8]

yes

 

[xl145]

I am a chinese investor,and I like risking and gambling. For many US investors,they dont know about Chinese investors.In fact,almost riskers were lost .I have lost 150,000
yuan for 4 years.And there left only 5000yuan in my account now which were 4000 yuan in the trough. I am not depressing cos I found US market is more simple than ours.If I could earn a lot of money in my market then I have enough money risking in US market.
I never give up however tough life it will be,I am near to victory .God bless us,God bless
USA.

支持中国的朋友！！:clap:

 

[xushan8]

Thank you for Chinese friends "ding" me.

 

[smellrose]

Thank you for Chinese friends "ding" me.

:clap:

 

[xl145]

I have lost more than you.I have traded for almost 2 years!

 

[wackypete2]

I am a chinese investor,and I like risking and gambling. For many US investors,they dont know about Chinese investors.In fact,almost riskers were lost .I have lost 150,000
yuan for 4 years.And there left only 5000yuan in my account now which were 4000 yuan in the trough. I am not depressing cos I found US market is more simple than ours.If I could earn a lot of money in my market then I have enough money risking in US market.
I never give up however tough life it will be,I am near to victory .God bless us,God bless
USA.

If you find the US markets "more simple" than Chinese then why do you continue to trade Chinese markets and LOSE?? madness.

By the way, I am part US risker on me mums side!

Peter

 

[xushan8]

If you find the US markets "more simple" than Chinese then why do you continue to trade Chinese markets and LOSE?? madness.

By the way, I am part US risker on me mums side!

Peter

No no no,youdont know how difficult Chinese markets are.For example,'jump hole'and "thin space".

 

[wackypete2]

No no no,youdont know how difficult Chinese markets are.For example,'jump hole'and "thin space".

So why are you tradng it and LOSING. Find something easier...

Peter

 

[Pi3141]

I know for a fact that a majority of investers in Hong Kong dont trade with a stop loss. Even when a share drops to almost nothing and it takes years to crawl back up to the buy price, investers in HK would rather wait it out than cut their losses. In effect they operate a 'let losers run and cut winners' mindset.

 

[shadowninja]

I know for a fact that a majority of investers in Hong Kong dont trade with a stop loss. Even when a share drops to almost nothing and it takes years to crawl back up to the buy price, investers in HK would rather wait it out than cut their losses. In effect they operate a 'let losers run and cut winners' mindset.

I'd say that's true for most "investors".

 

[shadowninja]

Fun fact: Problem gambling in UK is approximately 0.5%. In Hong Kong it's closer to 5.5%

Surprised it's so low. Chinese like to gamble. I bet they bought a lot of 888 shares.

 

[xushan8]

Surprised it's so low. Chinese like to gamble. I bet they bought a lot of 888 shares.

yes,8 is a good number,and 4 is a bad number.As 13 is a bad number in westen countries .