Friday, June 19, 2015

When you are desperate, feel the light

Today's market fell 307 points, -6.5%; Chongbai fell 3.16 yuan, -7.86%. More than 1,000 stocks in the market fell to the limit, and the domino effect of China's Shenche greatly amplified its impact under the superposition of multiple effects, resulting in a sharp decline in the market.

It's been a long time since I've read someone else's blog, the market is so down, beyond expectations, today is also a little blindsided, I took a look at the blog of an elderly person I respect in the evening, it stands to reason that he should update the weekly review today, but, I only saw his afternoon review, and the afternoon review predicts that there will be a rebound in the afternoon, obviously, he was wrong, and it is estimated that his old man is also in a bad mood today.

Even god-like characters who have been in the stock market for many years have lost their eyes, not to mention that you and I are scattered.

Probably, more people today regret it, and they are talking about that if, if Monday is gone, or Tuesday is gone, or Wednesday is gone, or Thursday is gone.

However, there are no ifs and can't be turned back in time, leaving you with just this multiple-choice question: next Tuesday, how do you choose your Wednesday ifs?

As far as the current situation is concerned, most people have just lost some benefits, and everyone is distressed that the duck in hand has flew.

What I want to say to myself is: those ducks, which were originally picked up, flew when they flew, forgetting that they once had them, and the first task at the moment is to keep an eye on the ducks in your hands and not let them fly too.

How do you keep an eye on the duck in your hand?

In my case, the first step is to lower earnings estimates.

This ** fall, for those new entrants in the 80s, 90s stockholders, is undoubtedly a slap in the face, and will scare away those who want to make a fortune in the stock market of new shareholders, so the stock market inflow will be greatly reduced, after which the stock market may fluctuate back and forth, the era of fools making money may be over, and always beware of the coming of the bear market.

Therefore, the future will be a volatile market, and many individual stocks may return to the long downward journey, which I call the return of value. Profit expectations should be significantly lowered, adjust their annual profit plans, keep a better mentality, and keep a cool head at all times.

Secondly: take conservative operations, no longer carry out reverse bottom-buying operations, and be cautious about the selection of individual stocks, beware of stepping on a minefield.

Finally: move less and see more, after the rebound, many stocks may be demonic, deduce the final madness, leave this profit to others, join in the fun, and prepare to run away when the time comes, and keep the profits in hand.

When despair comes, God will surely open a window, and a ray of sunlight will drive away the darkness. If it's still dark, close your eyes and feel the light in your heart!