Excerpt from Teacher Chen Kai's "Think and Act Like a Securities Trader"

This is the second half of Chapter 1 <Understanding the Market>, focusing on #研究對手盤

"Game Thinking in Trading: Studying Opponents"

🔹Participating in the market means participating in the game. You need to know whose money you are making and why you are making money.

Case: A-share day traders make money from retail and floating funds bought that day; short-term traders make money from medium and long-term investments and don’t care about short-term fluctuations.

🔹The difference is the price/performance ratio

Some people objected but could not convince me, so they turned around and increased investment because this was an opportunity that the market had not discovered yet.

🔹 Studying the opponent's market is meaningful, but following the banker, washing the market, and collecting funds are outdated.

The market is more or less manipulated. You should not follow it, but ignore it.