Playing & Trading Strategy

2.      April 19^th, 2020

The break worked.

The “break” was applied on March 21, with the purpose of halting the fall of the net worth value of the portfolio. Back then, the net worth was H$ 3,340,883,395.03 (ranked #638).

It went down to H$ 3,338k (on April 2-3), but it has bounced back to H$ 3,341k on April 19 (29 days after). Even the rank has returned to #638 (it valleyed at #645).

If it stays like that (or raise a little) my strategy has worked. I don’t want to profit from the dreadful scenario we’re all facing. But I don’t want to lose (more) value.

The outlook is still very bad. Focusing on our market alone (definitely not the most important thing at all), there’s no end in sight to the lockdown. Movie theaters are, and will remain, closed for a long time, and when they do re-open, how long will it take for people to get back into them, nobody knows.

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More to come…