VIP Class Notes (Tibo) [S]

Using the conditional  / discussed trading

Think about 5 questions someone could ask you about your platform

How to read and write currencies / read numbers in English

If I am do trading I will be very busy. -> If I am trading  / If I do some trading / If I execute some trades  / if I open or close some positions
Just watch some financial news. -> I mostly rely on financial news  / I use financial news to time the market  / I am always listening to the news to get an edge.

TA sometimes cannot work I think. -> TA does not always work. / I don’t believe in TA.

If TA can work everyone can make fortune. ->If TA worked everyone would be rich

Most of the time I am rational.

first of all hard to communicate with him because I need to use Japanese language. Secondly I don’t like their character. -> first of all it would be hard to communicate / I would struggle to communicate with him because I would need to use/speak Japanese (language). Secondly I don’t like their character / I feel they are over cautious. I usually don’t get along well with Japanese people.
It is hard to think about a word to describe their character. -> I am not sure how to describe their behavior in just one word.

This year he took a loss , he made some bad deals / he sold losing positions. /

Vocabulary

unrealized loss  (n): loss you would have if you sold the position right now
I entered at 100 and the price decreased to 70 so I have an unrealized loss of 30

unrealized profit (n) profit you would have if you sold the position right now
I entered at 100 and the price increased to 120 so I have an unrealized profit of 20

to restrain (v) : to prevent / take away freedom
Tom is restrained from trading on our platform because he is American
Bob was restrained  by the policeman

restraint (n)
One restraint is that our customers have to complete KYC before being able to trade.

Know Your Customer (KYC) : identify verification
We had to make our KYC stricter because of the new rules from the government

to arrest (v) : be taken by the police
Tom was arrested for breaking the law

edge (n) outside limit of something / advantage compared to others
Most traders need to find their edge
I lost my edge when everyone started to use my method

Technical analysis (TA)
I do not rely on TA

Fundamental Analysis (FA)
FA is useful for medium/long term positions

hypothesis (n) supposition
If the price follows our hypothesis

to hypothesize (v)make a hypothesis
Most models hypothesize that people make rational decisions

rational (adj) : using your head / not based on feelings
Most people make rational decisions

irrational (adj) : not based on logic
Sometimes the market is irrational

emotional (adj): based on feelings
This trade was emotional because it was my first one

platinium (n) 铂金
I bought a platinum bracelet
I have the platinum card of Marriott so I can go to the executive lounge and enjoy free drinks / beverages

elite (n) : select group superior to the rest
Warren Buffet is part of the financial elite.

entrepreneur (n): person creating new businesses
She is a tech entrepreneur.

plummet (v) :
The price plummeted from USD100 to USD50 in 2h.

Grammar

conditional :The tense you use to talk about situation you imagine / hypothesis

Pronunciation

probability

increase / go up / rise / surge (fast) / (sky)rocket (very fast) /

decrease / go down / drop / plummet / fall off a cliff

silver
several