Beware of robber banks (RB), bad advisors.
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‘No chances of making money’: Chinese retail investors have lost more than 100,000 yuan each this year
So much for mainland Chinese investors’ plans of gaining from the country’s economic growth through its equity market. Millions of individual investors have learned to be patient with stocks, only to bear further losses amid Beijing’s escalating trade war with Washington. “Playing the stock market is the biggest mistake of my life,” said Chen Yin, 37, a Shanghai-based retail investor. “The market downturn makes me feel hopeless.” Chen invested 300,000 yuan (US$43,410) in the A-share market five years ago, and had lost half of his investment as of Friday. He is among the 100 million mainland investors ... (full story)
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Market is not random but unpredictable
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When you're not sure Short or Long - toss a coin! Chances are 50% !!!
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When you're not sure Short or Long - toss a coin! Chances are 50% !!!
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