😂 When I got home and organized everything, I opened the computer and saw that the ADR had dropped.

CN
Phyrex
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2 hours ago

😂By the time I got home and opened my computer, I saw that ADR had dropped, but I had already shorted, it seems that things are not easy over in the U.S., but it doesn't matter, after all, I am still in a learning phase, and it is already good to have some profits.

So far I still plan to use the same strategy, which is to go long when SK rises sharply during the day and go short when SK drops sharply during the day, betting that ADR will follow the fluctuations of the day in the evening, and the premium of ADR will gradually decrease.

The current premium is about 29%, and if it returns to around 10% to 15%, it would be considered normal.

Additionally, as long as the high leverage in Korea is not resolved in a day, the winning rate for shorting will be higher, I don’t know if this idea is correct, but I will go for it anyway, after all, only practice can test the theory as the sole standard.

@Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction market one-stop trading


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