Phase real trading on March 25

[Taogu Ba]

It’s been exactly 17 months since I first posted a real trading account on Taoxian. During this time, I’ve achieved returns beyond my expectations. Looking back, I am much more mentally strong today than I was then. I haven’t posted in a long time because I felt I didn’t do well this year; at least, my curve is much worse than last year’s. But fortunately, after some twists and turns, my profits have reached new highs again.

Regarding the market, the power sector is somewhat similar to the Strait Cycle. The LiaoNing Energy I hold is targeted for a rebound, just like the Sanmu in the Strait Cycle. I initially entered at the second level, but I felt this stock couldn’t hold volume. Today, the T-shaped pattern saw another surge in volume. If tomorrow it doesn’t decrease in volume, this stock is likely to exit. Although the second board is a resonance point, who can sustain the divergence of LiaoNing Energy to push higher? Since a split seems unlikely, why is the third board so weak compared to the second? It can only mean that the power cycle isn’t as strong as the Strait Cycle, or that the current market can only show multiple small rebounds.

Moreover, the index isn’t fully stabilized yet; there’s still a possibility of a downward move at any time. So, when the index triggers a second leg down, the subsequent upward resonance might be better than this batch of second-board stocks.