Phyrex|Aug 06, 2026 09:39
Luckily, I didn’t lose money this time—actually made enough for some meals. Honestly, I didn’t chase storage stocks, mainly because I didn’t understand them. At the time, watching X’s stock god reminded me of all these years, the biggest losses I’ve had were always from chasing during FOMO moments. I’ve always been risk-averse, cautious, and try to stick to things I can understand.
So since March, I’ve been shorting oil. Missed Micron, missed SK Hynix, missed SpaceX, but I really don’t envy those teachers making money off these. That money wasn’t meant for me—I don’t understand it. If I make money, it’s luck; if I don’t, that’s how it should be.
But after studying macroeconomics for so long, I do have some confidence when it comes to oil. So while my friends were all focused on storage stocks, I was just observing the data, taking notes, but didn’t dare jump in recklessly. It wasn’t until SK Hynix ADR got listed that I found the connection between SK and ADR, and started shorting SKHYUSDT.
The reasoning behind shorting was pretty simple—just from regularly looking at data and reports, I knew Korean stocks were over-leveraged and that foreign capital was starting to pull out. So I waited for SK to crash and then shorted ADR. Luckily, I made some meal money, but I only dared to short ADR—I wouldn’t go long on SK or ADR, and I wouldn’t even hold overnight .
Guess I’m just too cautious. That’s why I always say, staying alive and staying at the table might give you more opportunities. If someone like me, who’s bad at trading, can make money, I think everyone has a chance.
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