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WTF Chart Of The Day: Over 4 Million New Chinese Trading Accounts Opened Last Week
It appears the banana-stand guy has more than a few friends...
According to CSDC, there were 4.13 million new stock-trading accounts opened this week...
That is not a TOTAL - that is added per week!!!
Charts: Bloomberg
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Of course, as everyone knows! There's always money in the banana stand!
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E-trade China?
Thank you for reminding me of this good one..
https://www.youtube.com/watch?v=AYrpROr9Gmk
Repent! The end is nigh.
I smell secret QE for stocks by the government.
What percentage of these accounts are buy and holders?
pods
What percentage of these accounts are not GSEs?
When does the 3X ETF start trading on this?
Already happened
Here is the bear
YANG
There is a bull also I don't remembeer it though, maybe YING? or YNG?
I keep telling you this is all part of a plan. The crash there will start the crash here. Stocks mean squat to the Chinese but the US crash will tear apart the financial system. Don't think for a second that it's all they have planned to take down the US economy. They know who will rise from the ashes fastest. The Chinese .GOV is helping this craziness along, they're not stupid, it's a plan.
cmon guys give em some space.
They just opend their first accounts and are currently staring a the intraday chart with hopefully not all their savings invested.
Strategies.. pfffzz... they're in to get rich motherfuckerz !!
Margin calls are going to be a bitch: "You can reposess my banana stand, but I can't pay you the $20,000 that I borrowed to trade."
But thankfuly margin bubble like this are usually contained
Bananastan ...
major export
meth precursor chemicals
I've never been there, but from what I understand, they are even more gullible than your average American.
Judging from a careful study of books by people who have lived and travelled there for years, I would say, in some respects they are more gullible. They are completely dominated by a completely closed propaganda machine. Most of them still believe Mao was a good leader for China; (he wasnt'; this is not a matter of opinion; he was a raving fruitcake who caused millions of chinese to die for nothing).
Boy have they got a wake-up call coming. Yes, they do. They'll be much wailing and knashing of teeth when those savings start disappearing.
Since I started freelancing I've been bringing in $90 bucks/h… I sit at home and i am doing my work from my laptop. Th? best thing is that i get more time to spent with my family and with my kids and in the same time i can earn enough to support them... You can do it too. Start here... www.globe-report.com
"not a bubble"! My shoeshine boy said so and he has an e-trade account...
so there's that.
I don't know that the word "boy" is politically correct when referencing shoe maintenance engineers. Please report to the nearest re-education center immediately so show you how your vulgar use of words impacts the self esteem of others.
Who is too lazy to shine their own shoes?
Why not multi task and be more productive? Let me guess, you give yourself your own blowjobs too. Nice.
Does the shoeshine boy do that for you too?
(Just havin' fun)
Go get your shinebox!!
https://youtu.be/PJzNUydlQ4I
I polish my own shoes, but I can never get them looking as nice some one who does it for a living. It's kind of like getting a hair cut, sure I can do it, but should I? And do I really want to?
You can't hair cut and can trade stocks?
this sound like a news that cover somethin else
are realy chinese ( banana dude or some garndma...) open this accounts that fast with ther own money?
i doubt.
Banana Republic of China
This time is different;)
Apparently all those books on how to get rich day trading have been translated to Chinese.......
Well I'm sure it will end well for Chinese stock "investors". Let the fleecing begin.
Just wait till these Chinese traders start investing in gold ETF's...unlike their American counterpart they still understand its value
anyone know if with those accounts if they can buy US $tocks with them or can they only buy chinese stawks?
Wee wee tu lo.
a fucking drop in the bucket
I think the Chinese are telling you not to expect a rate hike.
LOLOLOL............
The dollar isn't going to collapse, but it is going to disappear.
MAGIC!
WTF? I feel I've read this chart before. Oh yeah right here:
WTF Chart Of The Day - Chinese New Share Accounts Edition!!!!http://www.zerohedge.com/news/2015-04-23/wtf-chart-day-chinese-new-share...
Just five days ago.
This is how you beat HFT.
"So that is when we decided it's time to pull it."
REPLACE IT IS MORE CORRECT.
Southseas baby!
dEAD dUCK sAUCE
>:)
Probably rich trader opening multiple accounts to do manual spoofing and layering.
B A N A N A S
only another 4 billion suckers to go!
Calm down guys, the US created a housing bubble after the stock bubble burst, the Chinese create a stock bubble after the housing bubble burst. Nothing to see here, business as usual.
And now the US is creating another stock bubble, another housing bubble, and a student loan bubble as well. Nothing to see here. Move along, move along.
The banana stand guy is still trading bitcoin on bitcoinwisdom and not stocks.
So, what you're saying is, he is totally fucked.
PBOC has a new-account-creating algo that is going gangbusters.
who needs algos
when you have a billion
warm body key pounders...
Here's another "Chinese hot-money" anecdote I just witnessed. I was standing on the corner here in State U. town and see a blinged out Mercedes complete with a chrome license plate of the university mascot on the front. Usually, these are driven by star athlete types, or other assorted local rich people, but today, I observed it being driven by two young Chinese women.
I'm used to seeing wealthy Middle East male students driving major bling, but I can't recall ever seeing any Asians doing so (other than an occasional Lexus).
Peeps, get ready to go back to farming and husbandry.
High Frequency Trading - Chinese style
"Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day's financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely. Her paper profits were quickly blown away in the gale of 1929."
Add to the list "banana dude"
http://archive.fortune.com/magazines/fortune/fortune_archive/1996/04/15/...
Banana-guy has 10 kilograms of
gold hidden under those bananas.
Home Depot must need to meet market expectations by instilling Day Laborer.
Getting a day laborer from Home Depothttp://m.youtube.com/watch?v=LuQUUqCc-EI
This is obviously based on well researched supply and demand rules and sound money practices...
....Oh wait, forget that!!
They're expecting the Dollar to tank then?
To funny!
He went Bananas over Apple......
1999 china style