Old fans should know that I am a person who focuses on fundamental research. Everything in the world is relative. When the short-selling force continues to the extreme and is released, it will inevitably usher in the copycat season and the strong counterattack of the bulls.
As early as in March when I was trying to escape the peak, I told my team that there would be at least 3 to 6 months of market clean-up, and at least in September or October, it would take a lot of courage and determination to make a prediction six months in advance. It also requires the collection of various resources and years of experience to make a comprehensive judgment. As an aside, everyone is overheating the expectation of interest rate cuts, which I am not optimistic about and have been keeping a bystander attitude.
For ordinary people, if they dare not buy boldly on July 5, August 6, and dare not increase their positions or cover their positions on September 6, they will lose the opportunity to get low-priced chips, that is, the opportunity to get rich. Without experiencing the wash-out and bearing floating losses for more than half a year, how can there be a rebound of more than 5 times in the future? The world is balanced, and only by sticking to the original intention can we have a beginning and an end. What we should avoid most at present is not a full position, but an empty position.
In the spot market, it is all about chips. Whoever can get the chips at a low price or even at the bottom area, and hold them firmly, and remain unshaken in the face of unknown market shakeouts, will be the ultimate winner. This year, I have seen too many methods used by the dealers, such as token swaps, mergers, additional issuances, etc., which are essentially trying to wash away the chips in your hands, so that the car is lighter and easier to pull. Although it is annoying, the reality is so cruel.
I see many people saying that there will definitely be a surge in October. I hold a different view. When the vast majority of people think that there will definitely be an increase, the result is not satisfactory after all. There may be an increase, but it will not be a surge.
At this time of long and short exchange, the next step is very critical. If you do it right, you will get several times the profit. If you do it wrong, you will chase the rise, the profit will be very small, and you will not be able to withstand a slight decline.
If you have got the chips at a low price, don’t move anymore, sit tight and hold on to welcome the next bull market. If you haven’t entered the market yet, enter the market at the right time. If you miss the next few months, you will miss a few years, and there will even be no more bull market in the currency circle in the future!
