Litmus test of conviction

Today we see $Tiger Brokers(TIGR)$plummet to a 4-month low of $13.07 as of writing

Similarly, $Futu Holdings Limited(FUTU)$has also seen massive corrections and dips in the past few months.

As i emphasise once again the risk that comes with investing in Chinese markets in a time as this, i would like to reference my previous post where i talked about the factors to consider when flirting with the idea of "buying the dip". There are huge risks and there are massive potential rewards. Not everyone is suitable to stomach such high risk investment and not everyone should.

Today's huge correction in both of these FINTECH companies is a litmus test for all investors who are looking at entry or are invested in such companies. If there is high levels of uncertainty, that is perfectly fine, for such is the stock market. But if there is great fear and anxiety, it is better to cut short your own suffering. Conviction is not a term that can be built in a day. Weathering through days like these are crucial when building confidence in a company and in a stock. I would like to encourage readers to think for themselves whether they celebrate at the thought of being able to buy at a discount or feeling unsettled due to these temporary price corrections.

Today is a litmus test for your conviction in both TIGR and FUTU. There are several stocks that are also down bad such as $KE Holdings Inc.(BEKE)$and i believe that just as trials built a man, so does red days built an investor.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

3

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":838828525,"tweetId":"838828525","gmtCreate":1629386147667,"gmtModify":1676530025722,"author":{"id":3567892239745204,"idStr":"3567892239745204","authorId":3567892239745204,"authorIdStr":"3567892239745204","name":"oldwen","avatar":"https://static.tigerbbs.com/e8efe576d361dec1e1adef581ef6cb38","vip":2,"userType":2,"introduction":"Trade wisely. Invest safe. ","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.59%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":7594,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"Litmus test of conviction","extraTitle":"","html":"<html><head></head><body><p><br></p><p> Today we see <a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>plummet to a 4-month low of $13.07 as of writing</p><p> Similarly, <a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>has also seen massive corrections and dips in the past few months.</p><p> As i emphasise once again the risk that comes with investing in Chinese markets in a time as this, i would like to reference my previous post where i talked about the factors to consider when flirting with the idea of \"buying the dip\". There are huge risks and there are massive potential rewards. Not everyone is suitable to stomach such high risk investment and not everyone should.</p><p> Today's huge correction in both of these FINTECH companies is a litmus test for all investors who are looking at entry or are invested in such companies. If there is high levels of uncertainty, that is perfectly fine, for such is the stock market. But if there is great fear and anxiety, it is better to cut short your own suffering. Conviction is not a term that can be built in a day. Weathering through days like these are crucial when building confidence in a company and in a stock. I would like to encourage readers to think for themselves whether they celebrate at the thought of being able to buy at a discount or feeling unsettled due to these temporary price corrections.</p><p> Today is a litmus test for your conviction in both TIGR and FUTU. There are several stocks that are also down bad such as <a href=\"https://laohu8.com/S/BEKE\">$KE Holdings Inc.(BEKE)$</a>and i believe that just as trials built a man, so does red days built an investor.</p></body></html>","htmlText":"<html><head></head><body><p><br></p><p> Today we see <a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>plummet to a 4-month low of $13.07 as of writing</p><p> Similarly, <a href=\"https://laohu8.com/S/FUTU\">$Futu Holdings Limited(FUTU)$</a>has also seen massive corrections and dips in the past few months.</p><p> As i emphasise once again the risk that comes with investing in Chinese markets in a time as this, i would like to reference my previous post where i talked about the factors to consider when flirting with the idea of \"buying the dip\". There are huge risks and there are massive potential rewards. Not everyone is suitable to stomach such high risk investment and not everyone should.</p><p> Today's huge correction in both of these FINTECH companies is a litmus test for all investors who are looking at entry or are invested in such companies. If there is high levels of uncertainty, that is perfectly fine, for such is the stock market. But if there is great fear and anxiety, it is better to cut short your own suffering. Conviction is not a term that can be built in a day. Weathering through days like these are crucial when building confidence in a company and in a stock. I would like to encourage readers to think for themselves whether they celebrate at the thought of being able to buy at a discount or feeling unsettled due to these temporary price corrections.</p><p> Today is a litmus test for your conviction in both TIGR and FUTU. There are several stocks that are also down bad such as <a href=\"https://laohu8.com/S/BEKE\">$KE Holdings Inc.(BEKE)$</a>and i believe that just as trials built a man, so does red days built an investor.</p></body></html>","text":"Today we see $Tiger Brokers(TIGR)$plummet to a 4-month low of $13.07 as of writing Similarly, $Futu Holdings Limited(FUTU)$has also seen massive corrections and dips in the past few months. As i emphasise once again the risk that comes with investing in Chinese markets in a time as this, i would like to reference my previous post where i talked about the factors to consider when flirting with the idea of \"buying the dip\". There are huge risks and there are massive potential rewards. Not everyone is suitable to stomach such high risk investment and not everyone should. Today's huge correction in both of these FINTECH companies is a litmus test for all investors who are looking at entry or are invested in such companies. If there is high levels of uncertainty, that is perfectly fine, for such is the stock market. But if there is great fear and anxiety, it is better to cut short your own suffering. Conviction is not a term that can be built in a day. Weathering through days like these are crucial when building confidence in a company and in a stock. I would like to encourage readers to think for themselves whether they celebrate at the thought of being able to buy at a discount or feeling unsettled due to these temporary price corrections. Today is a litmus test for your conviction in both TIGR and FUTU. There are several stocks that are also down bad such as $KE Holdings Inc.(BEKE)$and i believe that just as trials built a man, so does red days built an investor.","highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/838828525","repostId":0,"isVote":1,"tweetType":1,"viewCount":606,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TIGR","FUTU","BEKE"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1223,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/838828525"}