BlockBeats News, July 31st. Renowned trader Ouyang Zhuai Bai commented on today's violent rebound of the storage sector after a continuous sharp decline: When things develop to the extreme, a reverse force is generated. For example, when Zhang Xiaolong called on college students to speculate on tech stocks, and Hailishi Girl posted a message about Seoul's Golden Age. Just a few weeks ago, the storage sector's fundamentals did not undergo a significant change, yet the stock prices halved. This is the potential energy of a leveraged deleveraging caused by the universal bullish sentiment in all trading aspects.
Previously, he stated: "Continuing to place orders today." He densely placed SK Hynix ADR staggered limit buy orders in the range of $122 to $94. Days ago, he mentioned that the biggest trading opportunity of the year had arrived and started bottom fishing in storage concept stocks in a no-stop-loss, spot ladder buying manner.
Ouyang Zhuai Bai has long adopted a low-leverage trend trading strategy, which includes "long on true breakthroughs," short-term responses in times of extreme market sentiment, strict position control, with a total leverage usually not exceeding 2 times. His trading philosophy emphasizes compounding through trend-following and phased bottom fishing and advocates staying in the market continuously as a primary principle, opposing high leverage and full-position trading.
