Regarding china, i believe in -To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Bonta
01-21

Regarding china, i believe in being contrarian. Instead of chasing the trend and get caught in whipsaw, i rather accumulate based on what others are selling. I do not want a strong china rally, as long as its sideways or tiny bull is perfect for me. I am selling options, depressed markets gives gd premiums due to fear, sideway markets allow me to sell put options and make use of time decay and can form a recurring theme for 2024. Strong rally will screw my plan as i will have to find another opportunity. Although the drop
In 2023 leaves my china positions deep in the money or assigned as stock, using 2024 i can continue to average down and improve my positions. For those who just buy stocks, i still feel that buying undervalued stocks and averaging down is a more certain and stable way of making money in the markets over chasing after the next big thing. But well, that’s just me.

# 2024 Outlook: How Will Story Unfold?

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village5576
·01-25
Interesting strategy! I like your contrarian approach.
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