Lessons learned from spending money, everyone has their most comfortable trading strategy.
I've found that I'm not suited for trading the domestic market. Preparing to launch and just launched hot stocks have a high failure rate in unfavorable market conditions, making it hard to profit! The result of random and reckless trading.
During this time, losing 50% is all due to this, keep this in mind.
On the contrary, the ones that have made me money are the second phases. From a high point of several million, dropping down to a few hundred thousand, showing a sideways movement, then spending time researching its logic, whether there is still a chance for a second phase. If there is, I will enter.
This trading strategy has a higher win rate, doesn't require me to watch the market constantly, won't tire me out, and is healthier. Just wait for value discovery.
Now, this MEME market is much harder to play than before. In the past, the market opened with tens of millions; now, just breaking through 10 million is strong. Those who can still survive in the market are experts. You can only keep learning in this environment, survive, and then have a chance to turn the tide.