23/09/2017 A new start of this blog

It is the first time I write this blog again since several months before. Honestly, I am really happy that I get motivated again to re-write it. This blog used to be my channel to express my financial views, especially in the stock market. However, later on, I found that I did not have too much to write as it is not easy to write something new about the market every day. Then I tried to write the blog every week or even month and finally, I abandoned this habit.

After having a very disappointed group interview of SATCO in civil aviation department, I originally found that the problem is because of my poor English speaking ability and shot concentration time to understand what other interviewees said. However, talking to my supervisors, I found out my true problem is the lack of confidence, which has been a very serious problem for me as it has already caused me to lose a lot of opportunities including meeting friends, getting jobs and having girlfriends. I know that it is the problem while I try my best to avoid facing instead of solving it.

Conclusion in one sentence: The way you face and handle your own problems results in your density.  If you face your problems bravely, you will get a good result and vice versa.

In fact, I really feel appreciated to have this group interview experience provided by CAD, which gives me a good chance to deeply understand myself and force me to solve the problems. I have learnt a lot with this interview, even if I finally did not receive an offer.

OK, then back to the original purpose of this blog, which is about the stock market. Several months ago, I thought that 24000 is the top of HSI and expected that It would drop to around 22000, so I bought a lot of 7300, which is an ETF having a contrary performance to HSI. Then I realized that I was wrong and HSI skyrocketed to 27800, which is the value on 22 Sep. As HSI was over 28000 several days before and Tencent broke it 1-year high as well, I regarded this as a buy signal and bought some Tencent stocks. However, on Friday, HSI dropped around 200 points to ~27800 and I bought a huge amount of 7200.HK, which is an ETF that double the performance of HSI on that trading day. The reason is that once the buy signal is shown, the uptrend should last for at least weeks. Hence, it is good timing to buy stocks. Hopefully, it is a correct decision.