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Day 70 with an investment of 400,000: 480,000. No position.
Today the market was off course, so I didn’t pick any good stocks. Therefore, I am holding a vacant position and waiting.
In the previous comment, someone mentioned how to select stocks.
Stock selection depends on your own understanding. If you don’t understand stocks, then you need to learn and observe more.
To learn more, you can find information online about topics such as volume-price relationship, moving average systems, main force manipulation processes, capital chasing breakouts, leading stock strategies, and so on.
To observe more, during market analysis, pay attention to hot sectors, identify leaders, and strong stocks; during free time, study the historical trends of individual stocks. For example, the common features of rebound stocks, probabilities, space, daily trends, intraday trends, volume-price changes, main force manipulation techniques, etc.
Stock selection is a comprehensive reflection of all your abilities; it is not something that can be significantly improved with just a few sentences or articles. Instead, it is built through day-by-day, year-by-year accumulation.
Someone said that recently I avoided the sharp declines in aerospace and gold.
At that time, when aerospace and gold surged sharply, I was very clear that they were already in the acceleration phase of the rise. Accelerating upward is one of the signals of a top; after a big breakout, the market will shift from prosperity to decline, and after the bloom, it will wither.