
Likes ReceivedI just bought a mini position in DRAM today as the starting point for opening a position.
I previously bought a 2,000 yuan base position in the STAR Market, and added to it for the first time at today's close.
Let's see what happens when the market opens tonight.
Additionally, it is generally inadvisable to engage in frequent day trading during sharp declines. The reason is that when everything falls together, emotions are unstable; if you buy in and lose a little, you'll want to cut your losses, but then when the price rebounds, you'll immediately want to buy back in, getting whipsawed by algorithms. This stems from human loss aversion and FOMO (Fear Of Missing Out) psychology.
This time, it involves strong leverage due to interest rate hikes and increased margin requirements in South Korea. Having experienced the 2015 Chinese stock market leveraged bull market crash, anyone with some experience knows that US storage stocks are strongly correlated with Korean stocks, so external news has a significant impact on sentiment.
The current news suggests the market is panicking over Trump's speech today, which contains many negative factors, including tariffs and decoupling policies towards China.
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