2021年5月31日 星期一

How to create passive income generate positive cashflow monthly 正現金流 被動收入

 After attending different seminars on the topic of passive income, i have some ideas on my mind. The following sources of income may be the solutions under certain circumstances.

1. Rental income: given that monthly rental income is bigger than mortgage payment n the property price increases steadily

2. Forex investment: Manual trading requires skills n time. EA automatic trading may be the solution.  Long backtesting procedure n enough capital are the pre requisites.  

3. Online courses or YouTube video: Similar nature as you recorded video once, passive income can be generated.

4. Stock investment :  Invest in some long term growth stocks or REIT. Stable annual income

5. ETF: such as SPY or QQQ these kinds of Exchange Traded Funds which have long term growth potential n low management fee. 

6. Option strategies: Credit Spread or other.








2021年5月26日 星期三

Backtesting ORB strategy

 Testing is now conducted on HSI and SP500. It seems that the result is good. The BO line is set based on the previous session consolidation zone. HSI can use the US index movement as reference.  If gap up above last night session,  together with BO 5 min candle, there is a high probability that it will go up in the opening. Must leave the market before ten o'clock.  


SP500, we can use the two hours before market opening as BO zone. consider the pre market direction as reference.  must leave the market before 22:00.

this morning,  I increased the lot size. 10 each time.  as I predicted the direction correctly,  the net profit is over 400 in an hour.  the risk is very high as a little movement will result in big gain or big loss.  

I finally settled one side of xauusd. hope it will go down a little bit.

fx is full of opportunities and risk. high risk high return. 


2021年4月27日 星期二

How to earn consistent profit from forex?

 I have been thinking for a long time.  How to win consistent profit from forex?

Idea 1: use breakout strategy on LC and LP

may need to have a strong break happens fast


Idea 2: use spread or butterfly on support and resistence level

may need to backtest to increase accuracy


Idea 3: EA to trade BO

may need to have capital and money management


Idea 4: improve BO indicator accurate together with the volume on tradingview

 

Idea 5: hedging strategy only action on the extreme position with less lot size


Idea 6: US session BO higher volume and better return.  reduce the number of trade in the Asian session, only trade at night from 21:00 after US session open

2021年4月23日 星期五

Option strategies testing

SP:

Touched BB  bottom, if the stock shows reversal signal, such as breaking the trend line going up, 2 dragons, trendwave, BB%b reverse, 

Key of success: prepare enough capital to buy sto k at strike price in case of wrong direction. then write covered call afterward

Bull credit Spread:

Similar entry conditions as SP

Advantage: max loss amount known in advance

Disadvantage :  smaller option premium 

LC:

BBW expected to expand in short period of time

Advantage :  unlimited gain

Disadvantage :  timing, decay of time value




Reflection 2020 2021

 Started option trading in late 2019. The account was very small initially.  As the winning rate is extremely high, i increased the frequency n amount of trade.  Everything were great for several months until 2020 Lunar new year. Black swan suddenly appeared.  2019 year end  it was heard that a virus was spreading in China. After Lunar new year, market only fell a bit, may be some powerful Chinese investors were pumping capital into the stock market.  the market atmosphere  changed so sudden that in mid March, it collapsed with the us stock market which touched the temporary stopped trading mechanism several times in a week. these were the most terrible weeks  no one can see the bottom. my whole option portfolio was cut by the system as the margin requirement is increasing so fast,  i have to pumpe 100k into it every big drop.  I can no longer survive.  I finally decided to cut 90 percent of the sp positions resulting in huge loss of several hundred k loss . 

I lost confidence on myself,  stopped trading of everything for almost a year.

in October 2020, I started real account in forex trading. 

I learned a lot of different strategies n traded i. demo for long. 

participated in the day trader training course, he invited me to join his advanced course. 

The box strategy was taught, I usually used small reversal strategy in h1 n h4 using my own indicators. 

2 dragon n candle speeds n trend reading were taught in revrsal course.

I later found that most of the strategies I knew from the mql5 indicators n EA were powerful. 

We formed Breakthrough group. I mainly used daily BO of 6 candles.  the result was so great. we need to implement the strategies daily, if SL is hit, we can use Martin to recover. 

I tried to put BO and trend Dav in icustom EA.

I m now still testing other Indicators with EA.

In my real account strated from usd 1000 from Oct to Feb, I earned 1000 on every month using hedging strategy. 

in Feb, at the Day lowest point1768, I settled all sell orders leaving around 1 lot buy on hand waiting market to increase.

this time,  I was wrong  it did not reverse, a big drop is waiting for me. gold collpsed to 1717 then to 1680.

in order to keep the small positions, I deposited 2000 plus 2000 into the account. 

I am now very scared after all these big drop in a short period of time.

I m not brave enough to unlock any position. I can't trade for a month. it is now end of April. I spend most of the time on stsategy investigation on option market n forex.

US option market: bull credit spread on gld, tqqq, appl, newly.....

US etf: V, TQQQ  hk etf: 7200

HK option market: sp on 1299, 2, 700

forex: hedging position on XAU




2021年1月7日 星期四

黃金大跌之先兆 Abnormal movement of gold

 

黃金大跌之先兆

Abnormal movement of gold in 2020, 2021 –
how to spot the big drop in advance?

 

By Queenie Wu       7 Jan 2021

 

According to the XAUUSD H4 chart below, we are going to investigate the big drop cases of XAUUSD on 9 Nov 2020, 27 Nov 2020, 21 Dec 2020, 28 Dec 2020, 6 Jan 2021 respectively.


 

9 Nov 2020, XAUUSD H4, xau fell from $1958 to $1862 in 1 candle at 13:00 (19:00 HK time)

 


Case 1: 9 Nov 2020 XAUUSD m1,(out of the channel ceiling in H4)

Start: at 13:46, xau had a big drop of $8 in 2 minutes, $12 in 4 minutes

14:03  a big drop of $10 in 1 minute

14:10  a big drop of $12 in 1 minute

13:46 – 14: 13, xau had a big drop $56 from 1956 to 1900 in half an hour

 


Result: 9 Nov 2020, xau fell to 1849 at 18:47, totally fell more than $100 in 5 hours