Volume 2: Storm Rising 2015 Chapter 245: The Mountain Collapses Before You, But Your Expression Remains Unchanged
On the morning of June 16, as the second trading day of the week was about to begin, countless ordinary people across the country were distracted from work and focused their attention on the stock market.
Just like in a bull market, the red and tempting numbers that jump every day bring considerable profits, which far exceed the "easy to get" money of daily and monthly salaries, always give people a stronger sense of happiness.
In this epic market trend, wealth is as easy to obtain as if it is lying in the middle of the road, making people impatient and wanting to quit their boring jobs and devote themselves to stock trading full-time.
If you feel impatient when the market is rising, then you will naturally be even more uneasy when it starts to fall. After all, considerable returns come with equal risks.
For many veteran investors, yesterday's pullback was still within their tolerance range, except that the red floating profit figure was a little less.
There are also some lucky ones among them who can catch the bull stocks that rise against the trend and add another achievement to the floating profit of their accounts. It may be most appropriate to describe this group of veteran stock investors as having enough food in their hands and not being worried.
The most anxious people right now are naturally those fresh investors who chose to buy in at the peak of 5100, and they were hit hard.
The account hasn't even started to make money, but it started to lose money. That green negative income is so painful no matter how you look at it.
When people are feeling upset, they tend to seek comfort out of habit, and seeking advice from veteran stock investors around them is naturally a good channel.
Otherwise, you can listen to the opinions of senior experts in major stock market discussion forums. Especially before the morning market opens, the discussion is extremely heated.
"Because of the recent bull market, many newcomers have entered the stock market, and they all want to take advantage of this bull market to make big profits."
"As an old stock investor who has watched the stock market rise from over 2,000 points to over 5,000 points, I just want to give a message to the newcomers, that is, you need to have a good attitude and play the long game to catch the big fish."
"Losses are only temporary. As long as you don't sell the stocks and hold the chips in your hands, you won't lose money. Staring at the floating profits in your account every day, wishing to buy today and sell tomorrow, this impetuous mentality is the worst."
“This is also the most common mistake made by newcomers, that is, constantly chasing rising and falling prices, and choosing to sell at a loss when they are trapped, and all their real money is used as tuition fees by the market makers.
As for veteran stock investors like us, we are calm even when faced with a catastrophe. A temporary correction will not affect our mentality at all. I am still optimistic about the market going up again in the future, and 6,000 points is expected."
After hearing the stories from veteran investors, many new investors are relieved and no longer care about temporary gains and losses. They are already trapped now anyway, so they just wait for the stock market to recover and get out of the trap.
Oh, that’s not right. I came to the stock market to make money, so why am I only thinking about getting out of the predicament now?
At the same time, the stock market opened on time, and the A-share index opened low at 5004 points, barely holding the 5000 point mark.
However, this precarious barrier was not held for long. With the overall market sentiment being low and many stocks plummeting, the market returned to below 5,000 points.
Unlike the 5,000-point plunge at the last moment in May, the sharp correction of more than 300 points in one fell swoop is terrifying.
On the contrary, it is this slow and gradual decline in small corrections that makes most retail investors feel that this is just a normal adjustment in the bull market phase.
Again, "Don't panic, it's just a technical adjustment."
Even though the market failed to hold the 4,900-point mark that day and returned to around 4,800 points, the market was still filled with the mainstream voice that was blindly optimistic about the future market conditions.
After all, whether it is institutions or old investors, in this epic market trend, the floating profits in their accounts are quite considerable, and they have enough capital to wait and see the development of the market in the future.
Not only does he have enough money to keep himself calm, but he also has the leisure to comfort other investors in public opinion forums such as stock market discussion forums.
"Two consecutive days of correction have fully released the pressure of a surge. The stock market will inevitably usher in a wave of retaliatory rebound tomorrow. It will not be a problem to return to 5,000 points in one fell swoop .
So I also added a little to my position today. I am optimistic about the next round of market. The bull has finished eating the grass and it is time to continue to push up. "
The market has fallen more than 200 points in two days, and the green color is just like the green grass on the grassland.
There are countless similar arguments in the entire stock market discussion area. After all, in this epic market trend, if you pick 10 stocks with your eyes closed, nine of them will rise sharply.
As a result, countless "stock gods" with overflowing confidence have emerged among the people, using the Internet platform to give advice on the market. Some even opened classes to teach stock trading secrets and charge tuition fees.
As expected, the market on June 17th experienced a small rebound as everyone expected, and the A-share index experienced a small rebound from opening low to closing high.
Although the market failed to hold the 4,700 point level at one point, which gave many retail investors a sigh of relief, the bull market, which had eaten enough food, started to start up lazily after the lunch break.
It rushed up from more than 4,700 points, to 4,800 points, and 4,900 points, breaking through three major barriers in a row, and finally lingered in front of the 5,000-point mark for a long time before lazily falling back.
Even so, this rebound has stabilized the market sentiment, and many retail investors are in a good mood. It is already "half a step away from 5,000 points", so isn't it within reach to return to the realm of immortals on earth?
Next, there will inevitably be another wave of continuous highs and lows. Many people have even started to quietly increase their positions, preparing to make big profits from this round of market.
The old stock investor who predicted success yesterday also spoke out again.
"As I expected, the market had a retaliatory rebound today. Although it failed to return to 5,000 points, there is no upward pressure at all. It is not difficult to return to 5,000 points."
"Of course, we cannot rule out the possibility of another correction tomorrow. After all, everyone knows the temper of the A-share market. So I still stick to my personal opinion and am optimistic about the market outlook. Anyway, I have already fully invested and am waiting for the start."
The boss's calm words stirred up many impetuous hearts, especially those investors who suffered a small loss as soon as they entered the market, and they felt quite unwilling to accept the consequences.
Even though the big guys have made so much profit, they still dare to increase their positions, and they predicted today's rebound as if by a god, proving that they really have the "real stuff".
It’s always a good idea to buy with the big guys, right? I will definitely earn several months’ salary from this wave!
On June 18, the stock market index opened high and then fell. When everyone thought it would return to 5,000 points, it suddenly made a comeback and went straight back to more than 4,700 points.
Many retail investors are furious. It's really a hopeless situation. They are hesitating and refusing to buy in. Is that fun?
But what the big guy said was really accurate. There was indeed another pullback, and he was right twice in a row. It seems that the future market outlook is indeed "promising".
Just wait and see. At worst you can just stop playing after the situation is resolved. It would be nice if you can make a little money along the way.
However, there is a saying that one can do it once or twice but not three times. As the saying goes, things never happen three times. With the Dragon Boat Festival holiday approaching, Big A does not want everyone to have a comfortable holiday.
So I specially prepared a wave of critical strikes and gave them to everyone as a Dragon Boat Festival gift.
How many thousand stocks would it take to hit the daily limit from 5,000 points to more than 2,000 points?
The count starts from now on.
