✍️Big things come from doing something extraordinary—just do it

Analyzing and analyzing every day leads to nothing but empty positions. It’s better to directly find the right direction and charge in. Today I can see buy/sell orders from all kinds of places—everyone is going hard on storage and Korean stocks. It’s basically an overreaction-buying situation after overselling—charging in after a deep drop.
🌟 Koreans really are Koreans
This morning, early on, I was completely stunned by Koreans—Hynix + Samsung Electronics, straight into a massive breakdown.
Even more outrageous: the 2X ETF and the 3X ETF also directly crashed massively.
Last night, all sorts of news about Korean accounts getting wiped out spread across the entire internet, paired with a surge in trading volume.
Yesterday’s news: Korea Financial Supervisory Service: On July 13, across Korea’s entire market, the total number of leveraged retail accounts exceeding 1.2 million reached margin call thresholds; among them, about 320,000–360,000 accounts were fully forcibly liquidated by brokers (principal wiped to zero, with some accounts owing the broker a negative balance).
Today’s news hasn’t come out yet. Logically, if you piled on leverage during the session, you probably got carried out.
Anyway, a Korean person’s whole life is filled with leveraged gambling. Just saying, brothers—walk around the streets of Korea once. No kidding.
And the US-listed Hynix is not the same as the Korean-listed Hynix.
🌟 Positions decide your “butt”; actions are better than words
Early in the morning I got up and followed @MetaHunter168 @hebi555 to bottom-fish the Koreans.
Then I got trapped for the whole day, only starting to V-shape up in the afternoon.
But the experience of holding it is extremely bad.
A lot of people around me are bottom-fishing Hynix. Some are buying Korean Hynix’s listed shares, some are buying US-listed Hynix, some are directly opening contracts, and some are buying 2X leveraged long on Hynix, and so on.
Everyone has their own “performance art” for bottom-fishing Korea.
Anyway, for us bottom-fishers of $KORU , it almost drove us into depression.
🌟 Believe in the light and the computing power
Storage is storage. Light is light. Computing power is computing power.
I looked—luckily I had already cut my losses on commercial aerospace before. Last Friday they even strung people along with a quick pump, then on Monday and Tuesday they came with two daily limit-downs straight in a row, while standing in the “light” it went straight to a daily limit-up.
I realized all these things are stories I tell myself to brainwash myself. Whether you can believe them depends on whether you can make money relying on them—or whether you get trapped and can only keep brainwashing yourself.
Yesterday a bunch of people said storage is over; today a bunch of people say storage is the future. In any case, it’s obvious that positions decide the head.
Anyway, it feels like capital is rushing in, and everyone blows bubbles together—then finally the last person to run washes the dishes. Before anyone washes the dishes, everyone can sing and dance!
You ask me whether I believe it or not—I’m currently trapped. Once I get out of the trap, or once I’m out of positions, I probably won’t believe it anymore.
Maybe I might still believe it.
✍️Patience is a good thing
Patience can wait for good prices. But good prices don’t necessarily come with good timing. And good timing doesn’t necessarily mean you have money.
Anyway, I’ve found that most of the money I lose is because I lack patience—I rush in, chasing after it. Then I don’t even cut losses, and then it turns into a huge loss.
Alright, today’s loss is back again. Are people in semiconductors all retreating? How come the rate-hike expectations are gone—after the US market opens, won’t the pre-market gains basically get wiped out?