VIP Class Notes (Tibo)

Look into the digital yuan

I realized it is 11/11 but I have no intention to go shopping on this day
I think the price is same and the time of delivery is a little longer.
I don’t care the difference of the price.
Ant group is overvalued. Many rich people would like to buy the stock of ant group and sell the stock the next day to gain the difference. So it is too risky for retail investors.
There must be inside traders of this IPO.

maybe You can’t go to the stock market for 5 years but after 5 years you can.

they don’t have a sense of style.

they speak their mind.

it is hard to trust in them they always cheat you

it is easy for them to break their words / they don’t keep their promises.
the bride often wears a golden bracelet and a golden necklace

I saw a new that the regulator talked to him because he criticized

there are many retail investors because the population is so large.
They can’t browse the news timely. Maybe some of them show no interest and most of them have little financial awareness.

When Biden announced he won the election the next day the price of gold must decrease sharply but it happened in the morning of next day because the market opened but it didn’t happen it happened at night it is not due to the fact of Biden but due to the vaccine.
The price of gold decreased by over 100. It is the most sharply decrease in 2020.

the guys who long gold on Monday is stupid even though the vaccine was not announced but Biden win the election the wise man appears in the US government I think the gold must decrease.
he said he won‘t be president until 1/20
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I realized it is 11/11 but I have no intention to go shopping on this day
I think the price is the same / similar and the time of delivery is a little longer.  / the delivery network will be overwhelmed
I don’t care about the difference of the price. / price difference
Ant group is overvalued. Many rich people would like to buy the stock of ant group and sell the stock the next day to gain the difference / scrap trading . So it is too risky for retail investors.
There must be inside traders of this IPO. / there must a lot of insider’s trading with this IPO.
If you are found guilty of insider’s trading  you won’t be allowed to go to the stock market for 5 years / you will be restricted from trading but after 5 years you can trade again.

they don’t have a sense of style / they are not fashionable / they have bad taste

they speak their mind / they are straightforward 

it is hard to trust in them they always cheat you

it is easy for them to break their words / they don’t keep their promises.
the bride often wears a golden bracelet and a golden necklace

I saw a news that the regulator talked to him because he criticized the government.

there are many retail investors because the population is so large. / there are many retail investors due to our large population
They can’t browse the news timely / they cannot keep up with the news quickly enough.
Maybe some of them show no interest and most of them have little financial awareness.

When Biden announced he won the election the next day the price of gold had to decrease sharply but it didn’t happen in the morning of next day because the market opened but it didn’t happen it happened at night it was not due to the win of Biden but due to the vaccine announcement.
The price of gold decreased by over USD100. It is the sharpest decrease/biggest drop in 2020.

the guys who longed gold on Monday are stupid even though the vaccine was not announced but Biden won the election/ A wise man appeared in the US government I think the gold had to decrease. / the uncertainty was gone so the price of gold which is a safe haven had to decrease.

Vocabulary

police record (n): record of bad things you have done in your life
If you have a police record you can’t work in finance.
I showed I didn’t have a police record / my police record was empty.

scalp trading : playing with very short time volatility in price for arbitrage.
They use computers for scrap trading

volatility (n) changes
We see a lot of volatility in the market during the election

volatile (adj)changing / unpredictable
The price is very volatile

store of value (n) : asset used to store value
Gold is a store of value

Switzerland (n) 瑞士
Switzerland has many banks

Sweden (n)瑞典
You can see the northern lights in Sweden

safe haven (n) : place of safety
Gold is considered as a safe haven when the situation is uncertain

heaven (n) paradise
He believes he will go to heaven when he dies

bullish (adj)  expecting the price to go up
People were bullish on ant financial

disrespectful (adj) : not showing respect
He said something disrespectful and was punished

arrogant (adj) 傲慢的
He looks very arrogant

bracelet (n) something worn around the wrist
She was wearing a gold bracelet

necklace (n) something worn around the neck
She was wearing a necklace with a big diamond

exuberant (adj) 过度的
Weddings in Fujian are very exuberant

casino (n) place for gambling
There are many casinos in Macao

coincidence  (n) something unplanned
We met in the shopping mall by coincidence

to participate (v) : take part in something
I don’t want to participate in 11/11

to support (v) : to help grow  / give assistance to
He supported Biden