10U God of War Talks About How I Traded SK Hynix and Hynix ADR In the past month, I have written a lot of tweets about Korean stocks, almost all of which are about the current problems in Korean stocks. Since there are so many problems, short selling should be an option, but storage is still a very popular topic. At the time, I was not sure about long and short positions, so most of the time I was watching. Perhaps I am a bit foolish and discovered it relatively late, but the linkage between SK Hynix (SK) and Hynix ADR (ADR) is very strong. Although the premium of ADR will be higher, the direction is similar, so I am ready to give it a try. It started yesterday, and SK was on the rise. So I went long on ADR, which is SKHYUSDT. Then I found out why ADR was falling. It was already after 11 o'clock Beijing time, and SK was up 11%, but ADR was fluctuating and slightly falling. The two turned against each other in the afternoon. And at that time, there was also news that the South Korean government was preparing to "rescue the market", but SK's stock price increased from 11% to 8%, and ADR also fell. So I thought it was very likely that one reason was that the premium of ADR was too high, and the other was that the South Korean government admitted that leverage was too high, which could trigger panic. So I directly tied multiple orders and lost about 20%. I opened a short order for SK, which is SKHYUSDT, because the Korean stock market was almost over at that time. My idea was that if one was due to the high premium of ADR and the other was due to SK's rise and fall, it was very likely that ADR would fall and SK would fall the next day, which is today. My original stop loss was to prepare that if ADR rose last night, my SKHYUSDT would level off. I looked at it during the day today and made a decision. However, ADR did indeed fall at night, and the amplitude was quite large. I directly increased my position and shorted SKHYUSDT, speculating that SK would continue to decline at the opening of the day today. The result was wrong. During the day, the South Korean stock opened with a direct drop of 11% in SK. So overall, my plan is to use Korean stocks as a reference during the day to go long or short on SKHYUSDT, while the ADR at night is only used as a closing reference and not as an opening reference. @Gate Crypto、 US stocks, Hong Kong stocks, South Korean stocks, gold CFD、 Predicting one-stop trading in the market