The break-even journey of a seasoned “greenhorn” investor with 20 years of experience (26-07-13)

Goal: From July to 154W [Taoqiba]

Date: 07-13
Stock market weather: SSE Composite (-2.06%) CSI 2000 (-5.65%) Up 801, down 4683
Today’s P/L: 1.88%

Today’s actions

1. Last night I queued up for Aerospace Power, but the opening auction was below expectations, so I cancelled and waited for a chance. After 9:20, CITIC Heavy Industries started adding orders; when the buy order pile exceeded 200 million, I entered.

2. After the opening auction, CITIC Heavy Industries opened with a one-word-limit-up board. Turnover was 45 million, and the order stack was 240 million. The order stack isn’t that strong. If it doesn’t add orders at the open, I’d need to be ready to cancel. Juli Suoju opened up 3%, which fits the B pattern. Xinjin Nong opened up less than 1%, barely fitting the B pattern. Aerospace Power, Yamaton, and Zhongtian Fine Decoration opened down more than 2%, too weak, so I gave up tracking. Today CSI 2000 opened lower, stronger than the SSE Composite, but overall the environment still wasn’t great for participation.

3. Today AI recommended Juli Suoju, Hualing Cable, and Aerospace Engineering, but the aerospace sector’s opening auction clearly underperformed expectations, so I gave up on all of them.

4. At the open, CITIC Heavy Industries didn’t add orders, so I cancelled directly. As expected later, it exploded the board. Even though it got closed back, the premium wasn’t high. Tech stocks opened below expectations, while in the pharma direction, the 2-to-3 play for Cubit Pharmaceuticals opened and instantly hit the limit-up. Meanwhile the 1-to-2 play Harbin Pharmaceutical showed strong performance and was also being lifted. Before 9:50, it wasn’t good to act early, so I had to wait until it put up the board before entering. Around 9:40, when the order stack exceeded 60 million, I started lining up; only after the order stack exceeded 150 million did I feel safe to handle my position. After handling the position, I found that AsiaLian Machinery (2-to-3) pulled back to the moving average and surged again; meanwhile the Guisheng shares that had the second-largest order in the auction had an order stack that kept getting smaller, with risk of unlocking. So I bought AsiaLian Machinery, betting on a turnover “one-word-to-boards” switch. Unfortunately, Guisheng shares locked the limit-up with a 100 million order stack. AsiaLian Machinery did succeed in hitting the board, but later it got a board-explosion; I only barely got it back to a close near the end of the day.

5. The two stocks I held yesterday: Chongda Technology in the auction last second pulled from -3 to within -1, with a hint of strengthening. After opening and rising to 2%, it started to fall back. Since it hadn’t reached the cost line, I held with some extra conviction; only after it broke below the opening price did I cut loss. It closed down more than 7%. The new stock Torrens I lost on yesterday barely opened green; after it was sold off into the red at the open, it started to rise. When it reached the third wave pullback and was lower than the high of the second wave, I cleared out. Then after the pullback it rallied again, peaking near 9%, and I missed the second chance to sell by 5% again.

6. Today I finally got back in front of the computer to trade. I don’t need to worry about network issues either, and it’s much smoother to execute. With the overall environment not too good, being able to get back 20 thousand won in profit already is pretty good. Tomorrow I’ll keep steady and systematic.

Trading mode and experience summary
------------- Stock selection -------------

1. Every night, pick 5 stocks that are first-time limit-up, and put them into a watchlist. Combine the market, sectors, hotspots, and stock formation to filter; choose strength over weakness—only the strongest first-time limit-up from the strongest or newest sector (only first-time limit-ups). Among stocks in the same sector and same rank, prioritize those with earnings, restructuring concepts, or a combination of multiple strong concepts. Don’t pick ones with too-good earnings—there will definitely be “chicken dog” operators (02-10)
2. If there’s no suitable first-time limit-up stock that day, don’t trade. If there’s no sector support, directly PASS (01-08)
3. Don’t rush stock selection during holidays; wait until the night of the last day, and choose after the fermentation of all the news (02-10)
   ------------- Opening trades -------------
4. Only trade 1-to-2. From the watchlist, pick the strongest one positioned to get overnight queue priority; the main focus is stocks bought on the bidding auction one-word limit-up. If you can’t get in, it’s better to stay in cash (04-24)
5. During the main uptrend phase, prioritize lining up for one-word boards; during the chaotic phase you can give up lining up for one-word boards and switch to catching turnover board-hitting opportunities (12-27)
6. Any order stack below 100 million before 9:20:00 in the auction must be cancelled (05-30)
7. When CSI 2000 turns red and is stronger than the SSE Composite, and that stock’s sector has no limit-ups or only has one-word boards when it’s happening (09-04)
   a. Watchlist stock opens up 6-9%, and successfully hits the board before 10 points → buy on board-hit
   b. Watchlist stock opens up 1-5%, and price stops falling and rebounds breaking above the intraday high → buy directly when it breaks
8. Auction volume arbitrage mode: use the auction to find the 1-to-2 target with the highest correlation among one-word-first-board candidates. Buy directly in the same day’s auction; sell directly in the next day’s auction (02-27)
9. Use half-position rolling operations to reduce risk (01-03)
10. Don’t trade 20CM stocks (03-07)
11. Only when the one-word board success rate is 80% or above can you queue for the night (06-20)
12. Don’t be afraid and don’t get carried away. If it matches the mode, buy. If you don’t get it, wait for the next chance. There are many market opportunities—be patient (12-12)
    ------------- Holding stocks -------------
13. Add an order-stack alert to all limit-up boards held; if the order stack drops by more than half, you should smash the board to exit (12-25)
14. For stocks that blew the board yesterday: if the auction opens down more than 2%, cut loss immediately by placing a limit sell at the open (12-27)
15. For stocks that didn’t hit the board yesterday: observe whether the auction trend is weakening or strengthening. If weakening, cut loss at the open; if strengthening, hold and extend with the moving average line (12-27)
16. For stocks that successfully chained limit-ups (not the “third brother” names), you can hold into the end-of-day auction; if it can’t hit limit-up, place a stop at the sell-side at the down-limit price to unload (12-27)
    ------------- Other -------------
17. After a big loss, don’t get emotional—the road is still long. Stay calm; just earn it back step by step according to plan (12-03)
18. Before the open every day, review experience and lessons first. In 2025, focus on practicing; continuously optimize stock selection and work hard to improve success rate (12-31)

2025 Profit 34.41%, operation success rate 50.09%
One-month operation results summary
Monthly profit 11%, success rate 58.13%
February operation results summary
Monthly profit 8.32%, success rate 62.06%
March operation results summary
Monthly profit 3.61%, success rate 52.08%
April operation results summary
Monthly profit 5.13%, success rate 55.73%
May operation results summary
Monthly profit 2.25%, success rate 46.51%
June operation results summary
Monthly profit 5.05%, success rate 35.89%
July operation results summary

07-01 Watchlist (Changyuan Donggu 3.40, Huikang Technology 2.02, Huaya Intelligent 6.65, Chengdu Road & Bridge 1.31, Meishi Technology 1.71)
Buy (Meishi Technology, next day 1.52, P/L -2.95) New mode (Sida Semiconductor, day -0.69, next day -9.88, P/L -12.91)
07-02 Watchlist (Qiming Information -0.80, Yuntushares -2.39, Yonghui Superstores 0.96, Riha Intelligent -4.97, Jianye Shares 0.68)
Out of mode (Leading Electric & Power, day 10.01, next day -1.51, P/L -1.52) (Yellow River Rotor, day 10.01, next day -6.49, P/L -3.81)
07-03 Watchlist (Ganhua Kejiogong 10.00, Adi Precision 7.85, Hainan Ruiz e -4.95, Binhua Shares -10.00, Lianhua Technology 0.90)

Buy (Adi Precision, next day -10.00, P/L 0) New mode (Ningxia Building Materials, day 6.54, next day 6.06, P/L 0)
07-06 Watchlist (Lianlian Precision 2.28, Rongsheng Environmental -2.38, Jinzhi Technology -2.19, Furong Technology -4.74, Jiao da Angli 1.58)
Buy (Jiao da Angli, next day -5.70, P/L -10.54) Out of mode (Bourbon Shares, day -0.36, next day -1.67, P/L -3.97)
07-07 Watchlist (Zhongtian Fine Decoration -9.99, Daheng Technology 9.97, Baiyun Electric 9.99, Gongjin Shares 0.67, Heler Fashion -4.15)
Buy (Baiyun Electric, next day -10.00, P/L 3.11) Out of mode (Xin Yi Sheng, day 0.63, next day 0.15, P/L 0.34)
07-08 Watchlist (Meishi Technology 10.00, Yiyi Shares 7.85, Shenglong Shares -4.95, Jinyei Technology -10.00, Morning Light New Materials 0.90)
Buy (Yiyi Shares, next day -1.94, P/L 0) Out of mode (Wantong Development, day 4.84, next day 6.62, P/L 2.23)
07-09 Watchlist (Hengwei Technology 5.18, Xingye Shares 10.02, Beijing Core -2.52, Hualing Cable -2.09, China United Department 1.54)
Buy (Xingye Shares, next day 4.44, P/L 1.70) Out of mode (Tongguan Copper Foil, day 4.24, next day -5.43, P/L -3.49)
07-10 Watchlist (Yijiahe 0.70, Hefei Urban Construction 1.62, Chongda Technology 5.42, Tongxin da -3.05, Huasen Pharmaceutical -1.25)
Buy (Chongda Technology, next day -7.69, P/L -4.24) Out of mode (Torrens, day 858.85, next day 2.35, P/L -14.92)
07-13 Watchlist (Juli Suoju -10.03, Xinjin Nong -3.34, Aerospace Power -9.99, Yamaton -8.26, Zhongtian Fine Decoration -10.01)
Out of mode (Harbin Pharmaceutical, day 10.09, next day, P/L) (AsiaLian Machinery, day 9.99, next day, P/L)