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Short-term trading rules
Dare to buy varieties that have plummeted sharply and are opened by massive volume. When there's a huge drop followed by a quick rebound from large orders, one should act without hesitation. It's like watching fireworks in the night sky, first changing from red to green, and then soaring into the sky. Generally, after a massive drop, one can see a swift rise, often yielding a 20% gain on the same day. The iron law is that beautiful fireworks quickly become a fleeting memory; immediately short-sell during the next day's collective bidding.
Experienced investors may have wisdom but lack courage, while new investors may have courage but lack wisdom. When the turning point appears, only those who are both wise and brave, bold yet meticulous, can spot opportunities and dare to trade firmly, while most people often miss their chances in indecision, either missing out or going on a roller coaster ride.
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