Original link: https://atjason.com/daily/2023-05-29.html
In the past, in order to release funds for quantitative trading, the fastest and earliest stocks that came out of the previous decline, returned to their capital or made a small profit were cleared, such as Nvidia and Pinduoduo, leaving a pile of junk, such as Bilibili and Weilai.
As a result, the sell-offs rose sharply, and the holdings fell sharply. For example, Weilai’s holdings have lost 80%.
Selling up and holding down is more in line with human nature and a painful lesson. These junk stocks are not going to be liquidated, so keep them as a reminder to yourself.
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