0625 Blue Star Trading Log Part 3

Previously participated in the IPOs of Haitian Flavoring and Sanhua Intelligent Control on the Hong Kong stock market.

Since I didn't have a Hong Kong bank card, I funded my account using WB's stablecoin (see the detailed registration tutorial for beginners in Blue Star Network Notes).

At that time, Xiaochun reminded me to sell Haitain Flavoring if there was a 20% profit when the market opened, but I got busy and forgot, resulting in a loss of about 1000 Hong Kong dollars when I finally sold.

I also forgot about Sanhua Intelligent Control because I was too busy; yesterday a friend in the group reminded me that Sanhua Intelligent Control had gained 10%.

When I checked today, I was surprised to find that it had actually gained 16%.

However, I need to reflect on what Xiao Chun said: making money from IPOs is different from holding stocks; the logic behind both is completely different.

Livermore said to earn the right money; the same goes for losses. If it's a loss within the trading plan, it's acceptable.

The most frightening thing is to focus solely on profits and losses while neglecting principles; if this continues, I'll lose everything sooner or later.

Thinking of this, I hurried to place an order to sell Sanhua Intelligent Control; this is money earned purely by luck. Later, I will reward myself with three feet 🦶

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