Chapter 202: Overconfidence

At this time, everyone watched the Dow Jones index break through a new low, which also made everyone feel that under the guidance of Lin Yong's trading instructions, they could indeed make money steadily.

It can be seen from everyone's judgment of the Dow Jones just now that almost all traders have made mistakes in judging the market outlook, after all, everyone just thought that the Dow Jones would rebound after the competition bottomed out, but now the Dow Jones has not even bubbled at all, and there is not even a decent market at all.

On the contrary, every time a new low is made, the downward force is much stronger than before, and the length of the yin line relative to the yang line is more terrifying and a dull sense of depression.

Of course, this is for the bulls who already hold long positions in their hands, but for them now they hold a full position of short orders, it can be said that nothing can make them so excited, and now they hold 20 million principal short orders, every time they hit a new low, they have increased the profit of the funds on their accounts by tens of millions.

Being able to see such a fast speed of making money in this life also makes them feel that it is really worth it, and they think that it is good to stay with Lin Yong to stay in the company, otherwise they will really dissolve the company with Wang Dayong, it will be a big loss, not to mention that they can make a lot of money by operating an account with 20 million funds by themselves, I am afraid that it is still a question whether they can see such a big account transaction in this life.

What's more, an account with such a large amount of money can be operated by yourself, which is a very rare opportunity for these traders who have been trading for so many years, after all, operating a large capital account is a good exercise for the mentality.

Even if a trader has been trading for many years, but because he has always been doing a position with a small amount of money, even if he can maintain a stable profit data growth, once he increases several times or hundreds of times the capital to let him operate, I am afraid that he will lose in the market.

After all, there is a big difference between the position management and the stability of the trading mentality of large and small funds, and the small funds do not beat the heartbeat, the face is not red, there is no need to be nervous about anything, and it is deeply trapped, and there is no need to be too sad, after all, his funds are not much, and it is easy to wait, and after the price of the market stabilizes, look for a position that can increase the cost of allocation, and allocate the cost, and when the next market starts, it can be easily unbundled.

However, for large funds, once they are deeply trapped, they will wait until the back road is completely cut off, and it is impossible to have any reserve funds to untie the account.

Even if the market has been maintained in the opposite direction and walked out, then the only thing that can survive the deeply trapped account is to cut the position immediately, otherwise the step-by-step method of boiling frogs in warm water will make the account completely fall into the situation of liquidation.

Time passes minute by minute, the Dow Jones index keeps hitting new lows again, although every time a new low is created, there will be a rapid reversal, but this reversal is very short-lived, only one or two one-minute candlesticks appear, and each rebound high is lower than the previous candle high, but the low does always create a new low every time.

At this glance, it can be seen that the bearish trend is continuing to spread downward, and it seems to be falling more and more fiercely, because at this time the trend has seen that the real Dow Jones is now a bearish trend.

At this time, I am afraid that even a market fool can see that the Dow Jones index is in the process of non-stop decline, as long as it enters the market, it is that short selling can definitely make money steadily, and if you are long, it is indeed equivalent to an egg hitting a stone, which is simply looking for death.

Therefore, at this time, the resistance of the bulls will become weaker and weaker, but the power of the bears will continue to expand and increase, because the power of the bulls will enter the power of the bears after withdrawing the position.

This means that the bears' followers will become more and more sources of funds, and with the continuous influx of followers, the Dow Jones will make a new low every time, and the amplitude will be larger and larger.

This contest of long and short forces, once the bears get the trend, there will definitely be no chance for the bulls to find a chance to come out, because at this time the power of the bears has been unprecedentedly strong, as long as the bulls have a little bit of a reverse market, the bears will not hesitate to ruthlessly give him a stick to suppress it.

So no matter how much the bulls struggle now, they are also powerlessly struggling, waiting for the price, hitting new lows again and again, and the illusion of the formation of the bottom is already no chance at all.

"I'm going, this fall is very continuous, it seems that this space is really stable, I have to admire Mr. Lin for being able to analyze the market so thoroughly, just looking at the surface technical analysis, and the results of the analysis, every time I was ruthlessly slapped in the face by the market, I really don't know what to say about myself." โ€

"Haha, how do I feel the same as you, when I analyze it, I think it's right, and I think the market will come out of what I think, but when I really wait until the market comes out, I find that the front has been wrong, and every time I know that I have done something wrong, I just don't want to admit the reality, or say no, this may be my technical bottleneck in trading, and I don't know when I can really realize it. โ€

"This is normal, most investors will have this feeling, looking at others always feel that they are wrong, but this kind of others can survive smoothly in this financial market, but they always feel that every analysis is already a thorough analysis in place, but when the list is really done, only to find that the market is not as simple as they think, and even feel that every time in the world is deliberately against themselves, I feel that even if I wear one casually with my eyes closed, it is much more accurate than my own serious analysisใ€‚

โ€

"Haha, you are just too confident, and you don't want to think about it, if you really have that ability, then when Wang Dayong opened the company, why didn't you show your talent in technology? Earn him thirty or fifty times a year, then Wang Dayong is probably already at the level of the company, anyway, I still think it's better to be lazy, since Mr. Lin gave us trading instructions, we will directly follow his trading instructions to execute, so that there is no psychological pressure, and we will not feel guilty for doing something wrong. โ€