$XIAOMI-W(01810.HK) has been really tough recently. Two good quarterly reports, good cars, chips, and a bunch of other things, yet the stock price is still the same as six months ago. It seems like the growing profits have nothing to do with investors? It was actually fine at first, but the key is that surrounding stocks have risen, and it's still stuck in a sideways trend.

However, according to observations, the returns have been somewhat comforting. In a bull market, not many people can actually retain their profits, and the situation is quite polarized. The skilled ones make a lot, a few make some, and most still get trapped.

Recently, many stocks have hit new highs, reminding me of the end of last year when buying any U.S. stock would make money, but most of them corrected for months afterward. So, whether the recent gains from chasing highs can be retained is still uncertain.

On the flip side, if Xiaomi is already like this, how much further can it fall? If it drops deeply, I'll add more. For now, I'll start by adding positions at lower levels. The biggest difference with stocks you understand is that you're not afraid when they fall but look for opportunities instead.