10Mon·

Yesterday's euphoria has already evaporated again in the HangSeng 👆

$HSTC (+0.33%) Well, we'll see...

10 Comments

Shem_sen@Shem_sen

10Mon

Do you think the rally is already over?

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TomTurboInvest@TomTurboInvest

10Mon

@Shem_sen No, I don't think so in general, but yesterday's exaggeration could well be sold off in part today. Things actually looked good in the evening, as relatively little was bought. Let's see how we start today at 8 am pre-market. I have now set rather tight trading stop losses for my short-term trades. It may well be that a few of my positions will be wiped out.
I'm on the train for many hours today, which means I have a lot of time😁

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Chris@Multibagger

10Mon

@TomTurboInvest I agree with you. I took a look at your portfolio yesterday. Which of your positions are short-term? And how tight do you set narrow TSL?

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TomTurboInvest@TomTurboInvest

10Mon

@Multibagger My short-term investments are currently $ADYEN $MMK $VRTX $RDC $BRBY $UBER and $ZAL
Here the SL are around 5% or sometimes even less

Medium term $NU $NKE $GLEN
Longer term $BNTX $NOVO B
And my turnaround corpse $BAYN 😭

B&H I am only with the ETF whereby the $VDEV is no longer saved

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Chris@Multibagger

10Mon

@TomTurboInvest So you currently only see long-term potential in the pharmaceutical industry? And then another question. If I look at your short-term trading positions and the % weighting in relation to the portfolio value, you are more likely to be at my 2-3% per position than at the 0.5 - 1% mentioned in your trading post yesterday. That was probably intended more for beginners?

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TomTurboInvest@TomTurboInvest

10Mon

@Multibagger No, the 0.5 to 1% is the maximum risk I take per position. I always stick to that, almost always 😉

However, this is not the position size - this is derived from the SL - the narrower the SL, the larger the position can be.

I described an example of this in my article on money management https://getqu.in/tzhXqc/

https://getqu.in/JL6vba/

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TomTurboInvest@TomTurboInvest

10Mon

@Multibagger just mourned a bit because of my turnaround bet $BAYN, what do my eyes see today +11%, well then almost back at the buy-in - come time, come advice, or what's the word 🤪

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Shem_sen@Shem_sen

10Mon

@TomTurboInvest I quickly went in with a 4 lever and hope it still pumps a bit😅

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dOk@doks

5Mon

$HSTC euphoria is back

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TomTurboInvest@TomTurboInvest

5Mon

@doks September is running 😅
And YTD is also 👍

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