Trader_Joe_Lee

All-time biggest slump of Taiwan stock market today 2018.10.11

TWSE:0050   YUANTA SECURITIES INV TRUST CO LTD TAIWAN TOP 50 ETF
After the government made many statements about "most consecutive trading days for the index to stay above 10,000",
Taiwan stock market had a biggest slump of all time to go down more than 6.3% (7.3% for the futures) today.

To take this 0050 ETF as an example (composed of top 50 Taiwan stocks),
it had so many potential trades to take on the train of slump!

Of course, the main purpose of this article is not about hindsight, but with a thought of "the market is made of trading plans"
there indeed had so many signs and chances to establish short positions before today!
Focus on the trading plans on your own trading system, sometimes the market will give such a big gift like today~!

It'll be quite interesting for the world's stock market to become so volatile again, that's when traders start to get exciting!


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After an 8-day vacation I'm back yo~
Luckily enough all of my stock positions got out on the trailing stop last week like COST and ATVI.
And I'm ready to trade this volatile market gogogo!!

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