Full-position trading Baofeng Energy suffers a catastrophic loss!

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Today, the biggest loss was in the petroleum and petrochemical sector. On Friday night, crude oil futures surged dramatically, and today futures continued to rise sharply. The opening saw a surge in the petroleum and petrochemical sector, but it was all quickly cashed out. Intercontinental Oil & Gas, Shandong Molong, Jinniu Chemical, Baofeng Energy, and others were all hammered down, making it a terrible sight. Many stocks hit the limit-up today! All signs in history point to the same pattern: whenever there’s a strong positive stimulus over the weekend and the market opens with a one-word move, unless there’s a super-strong order block, it’s mostly a high open and quick cash-out—except for new themes. Ultimately, it still boils down to small-cap hype. Tomorrow might be another day of quick trades, but overall, today’s profit-making was pretty good. Although the entire portfolio was hit hard, I didn’t lose money overall—just turned big gains into smaller ones. Continuing to push tomorrow!

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