Now.
Suddenly, Lǐ Chénggāng understood.
Why Xu Xiáng, known as the most formidable retail investor in the stock market, would spend until midnight reviewing past trades.
Because each stock, with its different K-line patterns, constantly changes.
Like a magician, performing the same trick in countless ways.
But upon closer inspection.
There are still patterns to be found.
In the K-line charts that Qu Wanrou found tedious, Lǐ Chénggāng discovered an unprecedented joy.
He was immersed, unable to extricate himself.
After getting tired from reviewing trades.
Lǐ Chénggāng would also go to the East Wealth Stock Bar to read posts about LeTV.com.
For two consecutive days, LeTV.com's performance had been weak.
The trading volume had also noticeably not decreased.
The stock bar was in an uproar, on the verge of a full-blown argument.
Especially the post Lǐ Chénggāng had previously made.
It already had dozens of replies below it.
Almost all of them cursed Lǐ Chénggāng as a "Dog broker".
Lǐ Chénggāng found it both funny and infuriating.
But he was too lazy to reply to them.
However.
The stock friend named Bingbing Girl occasionally replied with a sentence or two.
"Stop cursing the OP, stock trading is about individuals expressing different views. If everyone agreed, it wouldn't be a market."
To be precise.
Bingbing Girl's post wasn't praising Lǐ Chénggāng.
Rather, it was from an objective standpoint.
But someone still jumped out to reply: "You and the OP are birds of a feather!"
Similarly.
Someone also bestowed the labels of "Dog broker" and "Market maker's broker" upon Bingbing Girl.
Perhaps, like Lǐ Chénggāng, she was too lazy to argue with them.
Bingbing Girl never posted again after that.
On March 28th.
After the market opened, Lǐ Chénggāng observed a thrilling scene unfold in LeTV.com.
Different from the previous two days.
Today, LeTV.com, right after opening at 9:30, saw thousands of large sell orders appear out of nowhere, aggressively crashing the price.
The stock price instantly plummeted!
Concurrently, some small buy orders, presumably from retail investors, rushed in!
But facing the continuous onslaught of large sell orders.
The strength of these buy orders was too small.
Five minutes later!
LeTV.com plunged by 9.90%!
Nearly touching the daily limit down.
Innumerable small sell orders appeared, all below 50 hands.
Lǐ Chénggāng estimated that these were likely retail investors who had bought in the previous few days, forced to cut their losses.
These scattered small sell orders almost pushed the stock price to the daily limit down.
The number of orders below wasn't large either.
For retail investors, this was undoubtedly the most desperate moment.
Within the first five minutes of trading, it was heading straight for the daily limit down.
This meant.
If a huge sell order appeared shortly after, the daily limit down would be sealed, leaving no escape.
This is what's commonly known as "closing the door and beating the dogs".
And tomorrow, it would undoubtedly fall significantly.
At this moment, few retail investors who bought LeTV.com could achieve a mind like still water.
Most would be stunned by the fierce decline, their hearts filled with fear!
Watching the market on the computer, there is no sound during the trading process.
Yet, as the stock price changes, the investor's emotions are constantly in flux.
This is the stock market!
"Should I make a move?"
Lǐ Chénggāng, who had held his position without moving, felt a stir of desire at this moment.
He opened the K-line chart and took a look.
The price of 24.89 had already touched the low point of March 12th.
This was the support level Lǐ Chénggāng had previously mentioned on the forum.
But whether it could hold today and gain support, Lǐ Chénggāng wasn't sure.
But he really wanted to try.
"...The force crashing the market today wasn't actually that strong, but why did it manage to push it towards the daily limit down?"
Although countless thoughts flashed through Lǐ Chénggāng's mind, only a dozen seconds had actually passed!
As soon as this thought arose, he realized that LeTV.com had actually entered the scope of his trading rules.
"Buy!"
Without hesitation, Lǐ Chénggāng set his position to half, and in an instant, 800 shares of LeTV.com were traded at the price of 24.95.
Another few dozen hands of sell orders appeared.
Seeing LeTV.com about to hit the daily limit down.
Just then.
Three or four consecutive buy orders of over a hundred hands suddenly appeared out of nowhere, sweeping away all the sell orders above!
The stock price instantly rose to the -4.56% level.
Lǐ Chénggāng breathed a sigh of relief. He was now certain that this was definitely the main force washing out the weak holders.
Following this, LeTV.com's stock price hovered around the -5% mark for the rest of the day.
After 2:30 PM, several hundred hands of large sell orders appeared again, pushing the price down.
Finally, it closed at the -6% level in the tail end of trading.
After closing.
Lǐ Chénggāng stared at the halted trading screen for a long time before quietly saying, "This was truly a breathtaking day!"
He glanced at his holdings.
Since he had entered the market today, he had bought almost at the lowest point.
So even though LeTV.com closed with a significant drop.
Lǐ Chénggāng had made money against the trend.