After spending years getting burned in the stock market, Qiao Zhengchun finally grasped the essence of Chan Theory. He had barely started making money, with no time to enjoy it, when he unexpectedly transmigrated to another world in 2014.
Investor: “You’re hailed as the Stock God on the stock forums. You’re sure to take first place in this trading contest, right?”
Qiao Zhengchun: “I’m not interested in taking the top spot. I just want to test my stock-trading skills.”
Investor: “Lately, you keep picking out the leaders in hot sectors, and they’ve hit the limit up day after day. Do you have some secret?”
Qiao Zhengchun: “Don’t try to predict stock prices. The leaders are built up by capital. Holding on to a stock is harder than cutting your losses. You have to let your profits run, and never sell until trading volume reaches an enormous peak.”
Financial reporter: “U.S. tech stocks have plunged, and many of the speculative investors have fled these A-share sectors. Why did you dare to buy heavily right before the close?”
Qiao Zhengchun: “What do their losses have to do with our A-shares? China’s mobile internet is developing at breakneck speed and leads the world. Isn’t it only natural for our market to perform better than theirs?”
Financial reporter: “Everyone calls you a stock-market god, a market bellwether, and a maker of market leaders. Global markets are watching the A-shares, and the A-shares move in response to you. What do you make of that?”
Qiao Zhengchun: “I just like short-term trading. I buy heavily when I find a promising stock. I’ve just appeared on the market leaderboard a few too many times.”
Hearing this, the speculative investors said, “If Stock God Qiao buys it, so do I. It’d be absurd if it didn’t hit the limit up several times. That’s what you get when he has such big ambitions.”
Retail investor: “If Stock God Qiao is on the market leaderboard, who cares if it hits the limit up nine days in a row? Even a limit-down crash from the top won’t scare us. We’ll copy his homework and go all in the next day. There’s definitely another rally coming. If you trade stocks without knowing Maple Leaf Road, you can call yourself a hero all you want, but it means nothing.”
Okay, okay, okay
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