boonboonie
10-17

# Winning Trades

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  • Ah_Meng
    ·10-17
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    I have been curious for a loooonnnngggg time. Can you be so kind to share your trades? I know you are shorting the indices but how do you do that? Do you only placed orders first thing in the Pre-market, make money and close positions when market opens? I asked because I am still working out a market insurance. But those shorts I held forever just kept losing money when the corrections don’t happen. When you feel generous, care to shed some light? I just need to know what you do, and I don’t the exact trades… maybe examples would do if possible. Thanks 🙏 and congratulations 🥂
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  • boonboonie
    ·10-20
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    hi @Ah_Meng sorry for the delay in my respond as I was on holiday. I am no expert and not qualified to give any advice but you shouldnt be holding shorts forever. Market goes up and down with usually more up than down. I choose to profit from downs and need to time the market carefully and I am still learning as well :) Good luck with your trades :)
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    • Ah_Meng: 
      Especially you also mentioned market has more ups move, rather than downs… I realised you don’t do options too… your every bets appeared big in absolute sum, the leverage from options might mean more risk for your appetite?
      10-20
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    • Ah_Meng: 
      Nice! No worries… it’s not urgent anyway. It’s just something that has been bugging me… I was just wondering how you were able to consistently take money and run… I take it that my assumption that you placed the trade in the pre-market, close it when it hits your quick target sales price? The question is why do you only place bear 🐻 bets and not both? Are bears 🐻 more obvious?
      10-20
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  • boonboonie
    ·10-21
    hi @Ah_Meng yes usually I placed at premarket and close when I make profit. Yes I feel that bear is more obvious when there are lesser occurrence
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