With all the stimulus being pumped into global economies, China is having its fair share. What happens when large amounts of liquidity floods the market? You betcha. It is only a matter of time till we get a spike in the markets which has happened time and time again.
I have Long positions in the following ETFs
1) 515050 - 5G ETF (20%)
2) 510300 - SHCOMP ETF (20%)
3) 159996 - Home Appliances ETF (20%)
4) 600519 - Kweichow Moutai (20%)
5) 601939 - PingAn Insurance (5%)
6) 601012 - LongJi Solar (5%)
7) Remaining 10% for speculative bets at 1% size each.
Follow me for my adjustments on position trading for 1) to 6), for 7) I will incorporate swing trade/breakout trade strategies.
I have Long positions in the following ETFs
1) 515050 - 5G ETF (20%)
2) 510300 - SHCOMP ETF (20%)
3) 159996 - Home Appliances ETF (20%)
4) 600519 - Kweichow Moutai (20%)
5) 601939 - PingAn Insurance (5%)
6) 601012 - LongJi Solar (5%)
7) Remaining 10% for speculative bets at 1% size each.
Follow me for my adjustments on position trading for 1) to 6), for 7) I will incorporate swing trade/breakout trade strategies.