Chapter 320: Shanghai Composite Index breaks through 3200! How many people are still with me?
Monday, September 30, 2024.
Jisilu Index: 6.7, Shanghai Composite Index: 3123 points.
Over the weekend, news of the arrival of a bull market spread rapidly.
Today, the Shanghai Composite Index surged over 4% at the opening and quickly soared over 5%, directly breaking through 3200 points and reaching a high of 3272.09 points!
Directly set a new high this year!
Investors are excited and the stock market is all red!
In just five trading days, the outcome of the bull and bear markets has been decided.
1. How many people are walking with me?
I vaguely remember that it was October last year.
The blogger came into contact with Tomato by chance and began to write novels to motivate himself.
At the time, the market was very bad. The stock market had been in a bear market for three years, and individual stocks kept falling...
There are very few stockholders. Often no one speaks all day, and only one person leaves a message every few days. It is so cold and deserted, just like a bear market...
The blogger also entertains himself by writing articles every day, recalling and recording the market conditions of the past ten years.
While killing time, I also improve and share my investment system...
By the way, we also predict the future market development.
It is a relatively conservative estimate that this bull market should come within 24-25 years.
Many people scoffed and didn't believe it at all.
Indeed, the market has been bearish for three years, and the Shanghai Composite Index has not shown any resistance. How come some people suddenly call for a bull market?
Either he is a liar or he is a liar.
At the beginning, the blogger also analyzed and clarified from the aspects of macro, policy, valuation, etc.
But, obviously, no one believed it.
Furthermore, after March this year, the Shanghai Composite Index entered the end of a long and desperate bear market.
The market continued to fall from March to early September.
The market situation is extremely desperate, suffocating, and even numb.
Just like the comment section of this book, the number of readers has been decreasing.
I know that someone has left this market silently and without a trace.
I also know that some people can't stand this torture and leave sarcastic comments in the article.
Bloggers know all of this.
But the blogger ignored it.
Because everything depends on fate.
Whether in the stock market or in life,
Virtue and status, cognition and wealth, are always a mutual and dynamic matching process.
If something is not yours, you will lose it even if you get it. If something is yours, even if you lose it temporarily, it will eventually return to you.
Until the end of your life.
Nowadays, no one should question the establishment of the bull market.
But I don’t know how many other stock friends are walking with me?
2. In a bear market, you must overcome fear; in a bull market, you must overcome greed.
The stock market is anti-human.
Even gods cannot resist the great excitement brought by stock trading.
The excitement of skyrocketing stock prices, popular accounts, and exploding wealth is even more exciting and fascinating than XJ!
This is also the reason why stock trading is so fascinating and difficult to quit.
In a bear market, we must overcome fear.
Only by overcoming fear can we survive the long bear market, reach the bull market, and wait for the spring when flowers bloom, and then realize the appreciation of wealth.
In a bull market, we must overcome greed.
Only by overcoming greed can you keep your original intention and put the opportunities brought by the bull market firmly into your pocket.
I know, it's hard.
Because, when seeing those 10CM long legs and those 20CM super beautiful legs, no stock investor can resist the temptation.
Moreover, when these 10CM, 20CM long legs appear in batches, and continue to increase day after day, it is even more difficult to suppress the desire in my heart.
If you add more, your own holdings do not soar, or even fall.
Few people can withstand the torture caused by this contrast.
Most stock investors will sell their holdings that are not increasing in value and rush into the fire to pursue those seemingly beautiful 10CM or 20CM long legs.
As a result, when you just bought it, the long legs suddenly began to change their faces, or plummeted, or consolidated and fluctuated,
But the stocks I just sold started to soar...
Being hit from both sides, in the end, the bull market ended and nothing was gained.
A bull market is a test of your endurance and determination in holding stocks. You must overcome the greed in your heart and get what you deserve. Don’t stare at those bubbles that seem to be in front of you but are actually far away!
3. The bull market tests one’s mind.
I know that many of my fellow stock investors are new to the market.
The bull market is unfamiliar to them.
To them, refining one's mind is ridiculous.
It's like, in a bear market, thinking that the bull market will never come and shorting around 2700 points.
But the fact is, in a bull market, whether it is new or old stock investors, their hearts must be tempered, tempered again and again.
If you have an unstable mentality, chasing ups and downs all day long, running around everywhere, you may eventually get lost in the chase.
Can't find the right path.
If new investors are having a hard time and can't control their hands or their hearts, I suggest you try the following methods:
1. Divide your portfolio into three to five stocks, and don’t invest all your money in one stock.
Investing all your money in one stock is a gamble.
Once the rise is not as expected, your mentality will collapse and you will fall into the evil path of chasing rising prices and selling falling prices.
Dividing your holdings into three to five stocks can not only diversify your risks, but also increase the chances of rising and control your mentality to a certain extent.
2. Take the right path and buy good stocks.
There are thousands of ways to trade stocks, but there is only one way to get rich.
If you want to make money in the stock market, the right way is to buy good stocks.
Buy stocks with upward macro trends, advancing industry sectors, and significant growth in individual stock performance.
This is also the investment experience that the blogger has been selflessly sharing with fellow stock friends since last year.
As long as the stocks you buy are destined to see significant performance increases, the industry is destined to move forward, and the macro trend continues to rise.
Why worry about it not rising?
Before I knew it, it was half past ten.
After the Shanghai Composite Index broke through 3,200 points, it experienced a brief correction and then started another round of growth.
I won’t say much about the market.
It's all going up.
Everything is going up.
Limit up!
Limit up!
Limit up!
It has been lingering in the ears of every stock investor.
All the major forums and live broadcast rooms are full of stock gods, giving advice and making speeches...
This is a general rise in the early stage of the bull market.
It is also the early stage of a bull market, the easiest stage to make money.
At this stage, any analysis is invalid.
In fact, as long as you hold on to your chips and don't throw them away before September 19, now is the time to reap the rewards.
Please, hold on to your chips tightly.
We have survived the bear market.
So difficult, so hard, so hopeless;
Now that the bull market has arrived, it is time for us to reap the harvest.
Since we can endure loneliness, we should be able to withstand prosperity.
Let’s encourage each other together, along with the blogger and fellow stockholders who have survived this bear market.
Finally, special thanks to "Three Js and One Q" for urging for updates, "jimjim123" for the great certification, and other stock friends for their rewards and support.
Your support is my motivation to continue updating.
I am really grateful to the stock friends who still support me. The bull market has finally arrived as long as we have been waiting for.
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