Likes ReceivedLi Bai's "Seeing Meng Haoran off at Yellow Crane Tower"
To My Fellow Stock Trader
Li Bai, fully invested, wants to liquidate,
Suddenly hears the group chat mates in a frenzied state.
Hold the line together, don't you run away,
Whoever cuts losses first is a dog, they say.
Li Bai's screen flickers bright then dim,
Paper profits vanish, his heart's on the brim.
A bull market never did appear,
He'd rather be a dog and persevere.
In the past, market movements were entirely dependent on Master Trump, but now Langzi has also learned this trick. This means there are now two Master Trumps in the market, and they don't get along with each other. What they say is often contradictory, and both can seriously impact the market 🫠
In the end, there might only be two types of people who can survive in the market: one is the value investor who buys good stocks and lets the companies figure out their own problems; the other is the short-term technical analysis expert, who has no patience for long-term views and rides the waves of various ultra-short-term sentiments 🤩
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