Do you still remember October 8, 2024? Last time, we talked about the miserable situation of a thousand stocks hitting their daily limit down. Today, let's talk about the "grand spectacle" of a thousand stocks hitting their daily limit up.
That morning, the market opened high, and I thought this wave was surely steady, right? But guess what—the opening was the peak, and what followed was a steady decline. Old investors all know the golden rule: when the market opens high... well, you know what that means.
Back then, I opened my trading software and my entire portfolio sector was in the green. There were 20cm and 10cm limit-up boards everywhere; it was so dense it made my eyes blur. I was just starting to feel good, but before I could enjoy it for long, the market suddenly changed direction and started a freefall performance.
It really proves that saying: easy come, easy go. The market is sometimes this thrilling, making you jump back and forth between heaven and hell.
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VirtualRichDream
· 1h ago
Open high and plunge—I'm all too familiar with this scenario. It's always the same pattern every time.
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BoredStaker
· 12-06 06:53
Opened high and then plunged, this script is so old it's falling apart, yet I still fell for it.
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WalletsWatcher
· 12-06 06:43
Opening high = ambush, got trapped again this time, unbelievable.
Do you still remember October 8, 2024? Last time, we talked about the miserable situation of a thousand stocks hitting their daily limit down. Today, let's talk about the "grand spectacle" of a thousand stocks hitting their daily limit up.
That morning, the market opened high, and I thought this wave was surely steady, right? But guess what—the opening was the peak, and what followed was a steady decline. Old investors all know the golden rule: when the market opens high... well, you know what that means.
Back then, I opened my trading software and my entire portfolio sector was in the green. There were 20cm and 10cm limit-up boards everywhere; it was so dense it made my eyes blur. I was just starting to feel good, but before I could enjoy it for long, the market suddenly changed direction and started a freefall performance.
It really proves that saying: easy come, easy go. The market is sometimes this thrilling, making you jump back and forth between heaven and hell.