How to capture this kind of move ?A follower asked me how to capture stocks move like this ? My answer is I don't know coz it is more speculative than fundamentals.
In the world of securities or brokerage firms, it is hard to have an economic moat. For example, I am using Webull, Moomoo and Tiger brokers in SG for a simple reason - cheap transaction fees and diversification. But I do not own shares in any of them.
It is due to the massive stimulus offered by China government and many hundreds of thousands newbie account holders rush to open a trading account with these brokerage firms. Naturally, sales increase especially over the last two days when the locals are back from the Golden week holidays.
Those who like speculative , quick gains and can take the emotional roller coaster ride may enjoy such trades but not me.
Just like swimming, not everyone is into 50 or 100m sprint but rather enjoy the slow, relaxed longer swim that could clock 1000-3000m. To each his own and that goes for the stock market as well.
