Time: 2026-07-30 09:26:48

English summary

### Come on in Time: 2026-07-30 09:26:48 Content: It has been a low-priced stock for many years, trading at 2-3 yuan for over a decade. When it surged to over 9 yuan, the wealth effect was strong, and a large number of retail investors rushed in. This round of sharp decline has trapped many people at high positions. I almost entered the market before, but two concerns stopped me: 1. The market cap is too large, at the hundred-billion level, requiring massive capital to sustain a rally. 2. After surging to historical relative highs, the cyclical sentiment has peaked, making it easy to chase highs and become bagholders. There is a practical lesson in stock trading: do not bet on historical highs; most of the time, you end up standing on the mountain top. The reasons that attracted everyone to enter the market seemed perfect at the time: short-term stock price surge, panel sector boom, full orders, and significantly increased company profits. The logic seemed flawless, but it was actually the cyclical prosperity being prematurely exhausted by the market in one go. Fortunately, I controlled my hands and did not enter blindly; otherwise, I would have been deeply trapped. ...