Yesterday, the chip semiconductor sector plummeted another 5%, after a 5% drop last Friday, falling for two consecutive days, trapping many who bought high.


For those who have been following my articles, you should know that last week I was warning everyone about the risks, especially when some economists were bullish, I kept telling everyone to stay alert.
The recent movements again teach everyone a lesson: never chase the high. When I first entered the stock market, I also liked to chase the high, especially following hot trends. Chasing the high might make some short-term profits, but it’s easy to get trapped. When the hot trend switches, and you cut losses at low points, then jump into another hot trend to chase the high again. So, chasing hot trends and chasing the high are very easy ways to lose money.
Now I am much more mature; I don’t chase hot trends or chase the high. In a legitimate market, I position myself at low points. Some time ago, Microsoft dropped sharply, falling 22% from its high, and I bought the dip. Although it later fell nearly 20% more, I wasn’t worried at all. Now I’ve not only recovered my costs but also made a good profit. Because NVIDIA and Microsoft released PC chips, and Microsoft introduced the AI PC concept, suddenly capital attention was drawn again.
Summary: First, invest in a normal market; second, don’t chase the high, buy after a big drop; third, don’t chase hot trends, but lay in wait for hot trends. #Gate正式推出股票交易
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