Ic. By sector, you mean contracting and manufacturing? Does it matter? Cause I see it as they are in different industry.

Contracting and manufacturing is different. Yes.
But you went heavy into businesses that relies on governmental contracts.

You mitigate your trading method risks via stuff like expectancy. (search lo - dun be lazy) and you can further improve if understand the stock itself. Knows the pros and the risk. Every individual stock has its own risks. Some more than others. Mitigate these risks and trade win percentage will drastically improve.

Contracts can be cancelled. We have seen it far too many times recently.

The virus has grinded nearly everything to a stop. Earnings will decline. So right now, just plan ahead but do not commit yourself to any trade. Make your game plan. Prepare.

hello boon sifu, something to seek advice

During these downturn, i notice some sectors that are cannot be stopped nor have bad sales, which are:-

Pharmaceutical company: good times, bad time also need produce medicine, no meds, whole nation GG

Telco and digital company: government and both corporates cannot afford to lose or suspend this service too

can you disprove my theory?

Ah yes. I have started a log to track my trade expectancy for two years.

https://www.businessinsider.com/countries-o...us-italy-2020-3


The situation is getting worse. More and more countries are in full or partial lockdown. It's a matter of time when almost every country will be in lockdown mode.

Do not forget to be an expert on position sizing.

The virus thing is deadly. As it is I feel US is paying the price of underestimating it, it does no appear if they got any handle of the situation and it is struggling big time to contain it.

Stay safe. Don't trade if the trade setup isn't in your comfort zone. Don't trade just for the sake of trading.

Dow Jones Futures kept increasing 2-3% a day, but there consumer sentiment here only so - so, not enough for a big resistance breakthrough but currently still holding up. I’m predicting there will be a huge drop by next week, just waiting for a trigger news to come.

If we only pick only one stock to trade at a time, then how to manage the position sizing? That means we can't utilise 100% of our cash in our trading. How ah?

Why not? Why 200%?

Systems, methods are there. There is no 100% good fit. Adjust and adapt and fine tune it so that it fits who you are.

Was expecting a drop this week, but it ends up going northwards,

Kinda disappointed with myself for not riding the wave.

Spotted it but hesitant to go in

so actually u expecting it to drop or spotted it to go up? haha

TA - expecting a rebound

FA and sentimental - expecting a drop

Mind thinks will go up, Heart felt it will go down

This is normal. Don't beat yourself over it. Such things will happen over and over and over again.....

Turns out I only scratched the surface on position sizing. Reading Van Tharp's book now.

This post has been edited by Suicidal Guy: Apr 2 2020, 10:04 PM

hi guys, i would like to short in NASDAQ, register stockstotrade and now looking for broker to link it. Currrently register interactive broker, for the final step on funding. how do you guys fund the USD, which fintech you recommended? how about withdrawal?

Go ask in the USA stock discussion...

Reading is always good

It's so hard to understand the market situation

Will the unlimited QE result in such a boost in stock market?

How are the money they going to reach the mass citizen?

Look at Pchem Pmetal. On what basis their shares rebounded? Sales will be terrible bad and yet rebound.

FOMO is real

press metal blue chip. hardly lose money. lesser earning only

declining profit, stop work order, restricted working labor poor demand/ It's like a perfect recipe for disaster

and chart shows otherwise

people are... maybe call it gambling..

but some will know what they are doing