If you don’t understand stocks, then honestly just buy funds—broad-based index funds, the Sci-Tech 50 index, the dividend index, the Nasdaq index, the S&P 500… Different market environments require different index allocations. If you’re chasing higher returns, you go for the STAR Market and the ChiNext—but remember to do T. If you can’t do T, you won’t make money.

Seriously, I don’t get it—my friend’s position is in the tens of millions, and every day it’s just getting beaten up, back and forth among all kinds of stocks.

As for this $2 million board-chasing trade—lose as much as you put in; lose whatever amount… .