china index was up or break even b/c china governemnt is bailing out the market, only index etfs such as a50 or csi300, not hsi.
my m2m was down -22% this moring and now is up +12%, too much swing is not good. equity curve is very difficult to backtest, just keep a strong liquidity
This is why news is an extra variable that you can interpret wrong. For what it's worth, BKTCN was down over a percent and then popped at the same as the US Market. In fact, BKTCN is up 4.21 percent as we speak and was down over a percent before the announcement was made that tariffs would be raised on China.
Don't be too hard on yourself, man. Imho, this is untradable. Gamble? Sure. Get lucky? Sure. But how do you trade 10% intraday swings in an index at the turn of a tweet?
FOMC as usual Fed Minutes: All participants at the Fed's March 18th-19th meeting viewed it appropriate to keep interest rates unchanged in light of elevated uncertainty around the economic outlook. Fed Minutes: Almost all participants viewed risk to inflation as tilted to the upside and risks to employment as tilted to the downside. Fed staff projection for real GDP growth was weaker than the one prepared for the January meeting.
https://www.reuters.com/markets/asi...rchases-stabilize-plunging-market-2025-04-08/ they can only be effective inside their market, hsi has too many global investors, hard to manage
Classic Trump move. But I think that pussy is just front-running the FOMC minutes because he know it sucks bigly.
That's fine, but why was BKTCN down and then popped at the same time the announcement that tariffs would be raised in China. This is why I don't factor any news into trading decisions. I only use the technicals/charts. Even Surf knew that.