Monday opening all stock markets in red status. Who chua sai until run out of plastic bag underwear?
Mr.Canberra's jiak hong trip almost done. Returning to trading desk this week.
To make money from AMDK and Ah Tiong markets (both are different) we must study and research properly. If you want the market to reward you then first you must take the market seriously.
Understanding how USA's habit of spending money of cash Vs. credit. Offline Vs. online shopping. Offline stores are getting hammered badly (if you are not big player or special brand sure up lorry) as online shopping gained market share especially groceries delivery due to low population density living in most places. You can even order online and get cannabis delivered to your doorstep in California!
See with your eyes, listen with your ears. Understand the trends in the markets you intend to invest/trade in and your mutual respect will be rewarded.
Example #1
I see many Ah Neh population (from India and not those naturalised ones) in San Francisco due to the tech industry so certain products and services will appeal to this segment.
Example #2
In downtown areas of each major city the AMDK lunch crowd like to tapao sandwiches or salad back to offices to eat. I expect food delivery services are making a killing at this point.
Free tip from lousy trader Mr.Canberra. Top 2 markets to invest in is USA and China for 2018. These are trendsetter markets.