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Learn to short sell and make money !There are three opportunities in trading - uptrend, range (sideway) and downtrend. The most common method of making money is buying on the uptrend like most folks do when they bought into the S&P500 index - simply buy and hold. That is for long term. But as many bear camps are saying the recession is coming, the market is going to crash and the media sensationalise it every now and then, it is not easy to go against the trend. Question is when it comes not will it comes, will you be ready ? Will you psychologically know what to do ? If your answer is not a resounding yes, then perhaps you want to take every opportunities to learn and short sell. Go small, practise a lot and take frequent profits so that you are motivated. When the grand finale comes, you can reap the golden harvest. Until then, enjoy the ride down.....
KRX:005930Short
by dchua1969
1
005930, Samsung Elec. - Trailing StopKRX:005930 Technical analysis does not depend on the market, it does not depend on the historical era, it does not depend on any kind of factor other than human emotions that are always repeated on the basis of fear and greed. That's why we often find very similar patterns, that if exploited in a systematic way, you can accumulate wealth over time. Then we for an ethical factor, we always decide to enter Long, then to favor the economy of the stock market. Good trading to all
KRX:005930Long
by SwissTradingSchool
Samsung SDS’ Partnership with Tech MahindraSamsung SDS’ Partnership with Tech Mahindra www.financebrokerage.com Global tech giant Samsung’s IT subsidiary Samsung SDS declared a joint initiative to start a new blockchain-based traceability product. In addition to that, the firm partnered with American software company Pega and Tech Mahindra to develop the latest project. Tech Mahindra is a subsidiary of major Indian multinational conglomerate holding firm Mahindra Group. Moreover, the joint initiative will be a combination of Nexledger Universal, enterprise blockchain platform of Samsung SDS, and Pega Platform, digital process automation platform of Pega. Also, it plans to integrate Pega’s core product with Nexledger. And according to the press release, the company wants to develop improvements for supply chain systems. Aside from that, the solution aims several related industries such as banking and financial services, insurance, manufacturing, public services, and supply chain logistics. Bitcoin and the Crypto Market Meanwhile, on October 20, slowly, crypto markets are shifting to green. And Bitcoin (BTC) displayed signs of recovery as it goes back to over $8,200 price mark. Bitcoin has been trading under $8,000 price mark for the better part of the day. However, it is signaling some recovery after a few hours. The world’s largest cryptocurrency traded at an intraday low of $7,950. After that, it climbed to its recent trading price of about $8,216. BTC is showing gains of 3.73%. A few days ago, they mined the 18th million BTC. And it left the world with only three million coins to mine. This was enough reason for crypto-skeptic Peter Schiff to believe that the future of Bitcoin looks horrible. Also, he claimed that it is just a matter of time before the most popular crypto will face a fast descent down to $4,000 or lower. On the other hand, Ether (ETH) sat at $174.80 per coin. The number one altcoin saw a slight upward tick in sync with Bitcoin and is displaying a gain of 2.26%. Then, XRP has been trading relatively still for the most part of October 20. The third-largest coin by market capitalization is recently trading at $.293 per coin, up by 0.82%.
KRX:005930
by Financebroker
1
Hyundai and Kia Allocates $760 Million Over Engine Fire MattersOn Friday, Hyundai Motor Co and partner Kia Motors Corp have held in reserve a total of 900 billion won ($757.86 million). This move aims to settle the U.S. class action hearing. Moreover, to address engine-related matters in the United States and South Korea. According to Hyundai Motor and Kia Motors, they will reproduce about 600 billion won. This decision has something to do with engine problems in July to September. Meanwhile, affiliate Kia Motors has laid by about 300 billion won. In a statement, the automakers stated the latest settlement offers the installation of a software update to lift safety. The clearing is together with the performance, cash compensation options, lifetime warranties, free inspection, and repair of the covered engines. Hyundai and Kia models have equipped a total of 4.17 million. In the meantime, as the U.S. settlement will be ongoing, the Theta II gasoline direct injection (GDI) engines will be affected. Automakers Recall Addressing Possibility of Engine Fires The two giant brands, together with the world’s fifth-biggest automaker by sales, has prompted nearly 1.7 million vehicles in the United States. The recall is to remind automakers to address the possibility of engine fires. Now, the U.S. safety regulator is inspecting whether the recalls protected enough vehicles and came into effect promptly. The examination comes after Kim Gwang-ho, then an engineer at Hyundai, flew to Washington in 2016. Moreover, the travel was to tell the National Highway Traffic Safety Administration to companies recall more vehicles over the problem, citing an internal report. In November, a news report indicated that the U.S. federal prosecutors had launched a criminal investigation. The investigation is to see if the recalls had been conducted properly. Hyundai and Kia stated they anticipated the U.S. District Court for the Central District of California to evaluate the proposed settlement. The reimbursement is for the preliminary approval before the end of October.
KRX:005380
by Financebroker