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Don't panic, calm your mind.
It only dropped for a few days, a few points, and many people can’t take it anymore. Have I been warning about risks and controlling positions all along? If you follow the advice and temporarily hold a loss of a few points, what are you afraid of? Stop panicking and acting like you’ve never seen the world. What’s there to be so anxious about?
Some might say, “Since you’re so confident, why do you still keep 30% of your position? Why not control your holdings?” That’s exactly why I keep saying there’s no certainty in the stock market, only probabilities. Over the past two or three months, I’ve believed that market risks outweigh opportunities. Ask yourself, have you made money in these two or three months? Probably not, right? So what if institutions have influence? Do they know what’s happening in the Middle East? Do they know if Trump will take action? They don’t have absolute certainty either. Do you understand?
Let me give some real examples to discuss probabilities. For instance, Falsheng and Bona. Starting from today, over the next 30 trading days, I believe there’s over a 90% chance that Falsheng’s stock price will be lower than it is now, and over a 90% chance that Bona’s stock price will be higher than it is now. It’s obvious how to choose. You might say, “I can catch the last 10% of Falsheng’s rise and then withdraw all my profits.” Do you have that ability? Can you do it every time? Do many retail investors manage that? Don’t deceive yourself. Be practical and stay grounded!
Another example: the CSI 2000 Index. Over the next 30 trading days, I think the risk-reward probability is about 64%. Currently, my position is less than 40%. That’s how I think and act—no empty talk. Stay steady, and I will safely and peacefully get through the crisis.
If today’s ideas are helpful, feel free to like, comment, and share your thoughts. Thanks for your continued support and tips. Wishing you good luck!