FUTU and TIGR are crashing but you can profit from the panic. How do we trade this panic? Buying the shares may not be a good move but verticals look good to profit for sure.
TianLongJianHai
AssetsTop 4%ReturnsTop 87%
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Always look for the sectors/countries that have the bad news coming out. Indonesia is one area to watch - how do we trade this story? EIDO is one ETF that we can gain exposure in a safe way. Do not go crazy buying too big but slowly ease in as the story develops.
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Remember to scout for the top losers each day to find your trade ideas always. Stock drops 30 percent? Check to see if you can sell puts another 30 percent lower to collect premiums. Rinse and repeat each week the same process. Black cat or white cat, as long as it catches the mouse is a good cat.
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Look at the stocks trading at 52 weeks low and you will find candidates that you can sell puts to collect premiums. Make sure you position size always and collect safe premiums. Next week, I will share my trade ideas. Do not chase the dragons but look for the lobsters instead in the sea!
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Always think inverse and defend your positions! I sell Puts on UVXy$Pro Ultr Cvix Shrt Futures(UVXY.US) to collect good premiums. Do you have a Bear position among your Bulls? Think and you will understand why I trade UVXY.
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Make a fast profit on RBLU today - rapid firing when the drop occurs and then take profits within 30 mins. More than 15 percent return!
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Look for top losers each day instead to sell puts as you will get higher premiums due to fear. A good trade today will be RBLX - watch closely and then execute your trade bravely. $Roblox(RBLX.US)
Trade Showcase: Trade, Show & Earn Rewards!
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TSLL is a good way to gain exposure to TSLA. Been selling puts and collecting the premiums for few months. Remember to position size and do not go crazy chasing premiums.