It's time to change the trading style.

The water issue in Hangzhou has been getting worse these days, and many friends are worried whether Rock has been drinking "fresh" water. First of all, thank you for your concern.

The actual scope of the issue is not as widespread as rumors suggest. As for the truth, it’s already hard to know. Public relations responses definitely won’t reveal the full truth, and the public tends to favor eye-catching conclusions.

Rock’s residence is not within the affected area and hasn’t been hit by any magical attacks. Otherwise, it would be quite distressing. Moreover, Rock only drinks bottled water, and it’s always boiled before consumption, so even if affected, the impact would be minimal.

Yesterday’s poll surveyed everyone’s earnings this year, and I drew two conclusions:

Nearly 64% of friends are profitable this year, indicating that the traders in our channel far exceed the average level of retail investors.

Although the market has been volatile this year, from a hindsight perspective, there’s no doubt we’re already in a bull market.

Rock mentioned yesterday that he didn’t outperform the Hong Kong stock index, but for me, the current result is in line with expectations.

As previously mentioned, during the pullback on April 7th, profits were wiped out.

In the subsequent market movements, I’ve maintained a medium position size along with buying low and selling high. While this has sustained profit growth, the limited position size makes it hard to achieve outstanding total returns.

However, with the current clear signs of a "Bull Phase 2," it’s time to adjust the trading strategy.

During this period of market volatility, the term I’ve used most is "adaptation," which translates to "medium position size" + "buy low, sell high."

Yesterday, I mentioned adopting a more aggressive strategy, and many friends asked in the comments how to be aggressive.

My idea of aggressive might differ slightly from what you imagine. After all, you should know by now that Rock is a relatively conservative player.

So, in the upcoming trading style, I’ll appropriately shift from "adaptation" to "trend following," meaning chasing rallies and cutting losses, while increasing the position size to 7-8 layers.

Leverage (including leveraged ETFs, options, futures, margin trading, etc.) is never recommended by Rock—unless you’re an expert or pursuing high returns. Following Rock won’t make you rich overnight, so abandon such fantasies.

This time, the main battlefield will remain in the Hang Seng Tech sector, focusing on growth stocks, while allocating some positions to explore opportunities in innovative pharmaceuticals and new consumer sectors (if there’s a significant pullback).

But I need to temper expectations.

Many friends entered the market last year or this year and haven’t experienced a real bull market—nor have they been truly beaten down.

"Bull markets have sharp drops." A hallmark of bull markets is the surge of many stocks, attracting attention while accumulating substantial profits. At this point, even minor disturbances can trigger panic selling, and big players may withdraw profits, leaving retail investors holding the bag.

"Bull markets breed losses." Heavy positions at highs, chasing hot themes, refusing to cut losses, and high leverage are the main reasons for losses in bull markets. Just wait until year-end to check returns—over half the market will likely be in the red.

Moreover, there are only faint signs of "Bull Phase 2" now. Only after it passes can we confirm its existence in hindsight. Who knows? We might drop back to 5,000 points next week.

As for the individual stocks asked about in the comments: if you believe "Bull Phase 2" is here, you can jump in anytime. If not, waiting won’t hurt. After all, no matter how much a stock rises, we won’t hold it all the way—just catching the middle part is enough.

Enjoying the art of trading and maintaining consistent profits is my ultimate goal.