When HSI jump more than 1000 pts

Today, HSI jump more than 1000 pts or 4+% in a single day, after Trump and Xi's phone call last night. 

STI up1.6% at the time of writing, which is weaker than HSI. It is expected, as HSI was underperformed than STI for the past 6 months.

I believe many people missed the boat today. I can feel my fear of missing the boat as well. However, I keep telling myself that do not panic and do not make any decision without careful evaluation.

On the bright side, I did some dollar averaging in the past few months. I bought Rivera and ND Paper. Today, ND Paper up 12.75% (but I made small money due to the relatively small position size compare to my whole portfolio). 

I still got 30% of my portfolio in cash, which I planned to carry out dollar averaging plan systematically. I bought some China Construction Bank (HK) today. When I was submitting the trade, I can hear a voice telling me that I should buy more if not I will miss the boat, and this is a great opportunity to earn big money. However, I told myself that I should proceed with my strategy systematically, and do not spend too much on any single trade. 

Even though most of the HSI stocks went crazy today, if look carefully most of them are still way below the price in January (except my dear BOC Aviation, which up more than 40% from the beginning of the year, and I got no chance to buy it back lol). Currently, cny is still at a relatively cheap price against usd or sgd, so if cny continue to appreciate as this morning, I believe many companies will benefit from if they import raw materials from other countries. Therefore, I will add more Lee & Man Paper next week. 

In conclusion, do not ever be panic when the market goes crazy. Follow your plan, invest or trade in your own pattern. Be systematic and be yourself. Have a clear mind before executing any plan, if not better turn off your computer and go for kopi break. I would like to see the outcome of next US election as well as the planned meeting of Trump and Xi. 

Hope we all huat together! Thanks for reading.