Buy back Pingtan Development with full position in the afternoon!

In the afternoon, we watched Pingtan Development unlock volume quickly; in the morning, we sold too early, missed the move; in the afternoon, we bought it back again. Other accounts did the same. At the same time, we also traded Shenjian Shares and Shengyang Shares—both were bought in the afternoon. If we made a mistake, we corrected it in time.

A lot of fellow stock traders keep asking about the logic and the model. Actually, the model is very simple: I only trade the core products in the strongest sectors of the market. I focus on the core names of conventional new-topic first-day boards, as well as the core products of sectors showing continued strength. Of course, I may also participate in big “monster” stocks.

The stocks I buy are basically high-capacity plays. Basically, within three days or two days, they can basically move along with the Leisure Party’s convoy too. For routine arbitrage, it mainly relies on first boards. Sometimes I’ll also do follow-through and play “monster” stocks—ultra-short-term arbitrage.

Some mid-term funds also do long-term buy-sell T-trades on a few tickets, repeatedly trading in and out in a big trend, over and over again. There’s not much else to say. We’ll keep going tomorrow!