JD.com started trading today and I received some trade records from my broker and his trades. The stock sold down first at the opening with 3 long bars down and soon it rebounded. It was a scary drop and the fear was that it was about to sold down lower. Suddenly, i just trended higher and that's where profits were secured. I mean, it's risky to trade Hong Kong stocks because there are a lot of big sharks and Hong Kong offers grey market for trading. However it's wise to be careful before taking a calculative trade since there is no data yet on the stock. Looing at JD.com for the next 2 months on how it trends.
Ronald K - Market Psychologist - A Stock Market Opportunist
