BlogSeptember 9, 2021Michael Covel

“My biggest most painful experience recently is to see all my nice profits in China tech shares evaporate…”

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My most painful experience recently is to see all my nice profits in China tech shares evaporate from March 21 and holding on to the bag till Aug 21. Then it got into my nerves and affected my well-being. I cut and got out. When to exit my trades and getting out is the main problem. And even blue chip shares like Alibaba and Tencent that I bought and hold for long term can see a 50% draw down within weeks due to Xi’s new data security China policy. This event is a black swan to me. I came across your book “The Little Book of Trading“, was introduced to trend trending, and I need to have a new psychology change to my trading from now. I hope you can guide me with a new mindset with your courses.

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