The starting point of wealth redistribution—are you guys prepared to fight a tough battle?

March markets declined for two consecutive weeks, tormenting countless investors, causing panic, account drawdowns, as if the trend had reached its end. But I can still clearly tell everyone: this year’s market is still in a bull phase! This is not just comfort, but a confident judgment based on cycle and structure. 2026 is destined to be a year of style shifts and new leaders rising. Old benchmarks will collapse, old strategies will become ineffective, and new styles will quietly emerge from the ruins and divergences. Every major market change and style rotation is essentially a starting point for wealth redistribution, and after the pain, it will create a new generation of legends. But I must pour cold water: opportunities never wait gently for latecomers. The new dominant capital, new game logic, and new profit models have already started. How many unprofitable trades and real losses will you pay as tuition for being late? By the time you fully understand, the best entry window has already closed. From the past two months’ trend, it’s clear: future markets will only be more brutal and efficient. They will reward those who sense the trend early and upgrade their strategies in advance, and quickly abandon those clinging to old maps searching for new lands. Time has become the most expensive cost. There are only two paths ahead: either continue struggling in the mud of the old cycle, passively taking hits and adapting through losses; or proactively accelerate, upgrade cognition, upgrade strategies, upgrade tools, see the tide early, and seize the next wave of market opportunities. I sincerely hope brothers can complete their transformation this year. The market has never let down, but your own potential has. The speed of learning and evolution will directly determine whether you are eliminated by the market or stand at the forefront of a new era. [Taogu Ba]

1. Weekly Review:
2. Electric Power Collaboration: Since last week, I’ve been sharing the logic of GCL System Integration for a whole week. Last Friday before the market opened, I used the “main theme recognition” approach focusing on “resonance” and “authenticity” of individual stocks. Specifically:

Last Friday morning, I explained the concept of “Electric Power Collaboration” to everyone. Before the market opened that day, most funds viewed “Electric Power Collaboration” as unfamiliar, unlike now when everyone talks about it being part of future plans. My understanding of themes is often ahead of others. When most can’t understand, I start focusing on “Electric Power Collaboration” for the following reasons: First, stock logic. I previously mentioned that understanding Huagong Tech can help you “enlighten” again at this stage. Why understand Huagong Tech? My detailed analysis shows that among most CPO stocks, Huagong Tech stands out in dimensions, and its core capital is essentially a quantitative crowding around popular stocks. Within these core stocks, the focus on authenticity is key. Huagong Tech’s announcement before its rise was “full operation during Spring Festival,” indicating real business. So when “Electric Power Collaboration” starts to ferment, I first think of GCL System Integration, which announced “accelerated projects with Indonesia’s national power company and an increase of 1.18 billion in registered capital of its energy tech subsidiary.” These announcements, like Huagong Tech’s, confirm actual business, which is a plus at this stage.

Second, timing. Last Wednesday, the index and short-term sentiment had already cooled for two days. Even if there’s further adjustment, it’s more opportunity than risk. So, from a timing perspective, the market is in recovery. Currently, the market is dominated by quantitative factors, and as sentiment flows back, the easiest to cover are new concepts. Therefore, before the market open last Friday, following panic and pessimism was wrong; instead, being excited and viewing it as a point to act was correct. On that day, the number of stocks hitting the limit down suddenly dropped from dozens to single digits, indicating the resonance sentiment rebound cycle has arrived. The first board on Friday could set the tone for the entire rebound cycle, with the strongest sector becoming the main theme of the rebound.

Third, expectation gap. Comparing stock funds and sentiment, among the “Electric Power Collaboration” stocks that strengthened on Friday, Jinkai New Energy was significantly stronger than GCL System Integration earlier, recognized as a leading sentiment. But on Tuesday, the market experienced a decisive reversal: Jinkai New Energy opened high but then declined with increased volume, showing weak support at high levels and strong profit-taking, shifting from strength to weakness; meanwhile, GCL System Integration defied divergence, with solid intraday support, completing a shift from weak to strong. This leadership switch is a clear short-term signal—funds abandoned the previous leader and flooded into GCL System Integration, establishing its leading position.

This summarizes the thought process from GCL System Integration’s first board to sentiment retreat on Friday, a week of daily reflections. Especially on Thursday night, when everyone was optimistic about “Electric Power Collaboration,” I repeatedly emphasized that the next day should not chase the theme. This stems from my overall market interpretation ability. When a high-position core loss effect appears, it signals risk at high levels and a potential sentiment retreat.

2. Chemical Industry: Baichuan Turns to 2 Talking about the chemical sector, I must mention the valuable insights I shared this morning, which also apply to this week’s chemical themes. The expectations for chemicals that cannot be falsified were vividly demonstrated this week. Why not mention oil? Many think of oil first after external conflicts. But the logic of theme speculation is not so straightforward. After today’s theme chain analysis, it’s clear how to judge. When conflicts start, oil benefits the most. If conflicts persist, oil gradually moves from outbreak to desensitization, but oil prices keep rising. This prompts looking for industries that could replace oil. I previously said oil is a known quantity, and everyone is seeking resources to replace it. As a result, demand for methanol increases, pushing chemical prices higher.

On Monday evening, the idea was that the chemical sector was entering a rotation rhythm. The most obvious signal on Tuesday morning was Baichuan Shares opening high, prompting thoughts around the “Baichuan Turn to 2” strategy, using convertible bonds to avoid next-day market uncertainties.

3. “Lobster” Concept: Yun Sai Zhi Lian: My understanding of the “Lobster” concept this week was insufficient. I want to share that the reason why a theme doesn’t breakout isn’t necessarily the problem. Because market themes ferment on the day of participation, the next day usually opens high. So the key is the timing of participation. Even if the theme doesn’t breakout, participation is still possible. This focuses on stock selection and rhythm. Here’s a brief explanation:

First, current market environment.
First, confirm that last week’s environment was characterized by oscillation and sector rotation. Once confirmed, it leads to the thought: every sector might rotate (during oscillation, main themes rotate frequently and with large amplitude).
Second, identify active stocks to judge rhythm.
After setting the market tone, observe how previously fermented themes perform.
Who was the first to ferment? The “Optoelectronics” sector, especially panels, surged collectively that day, but the next day, no premium was seen, which is a trap. However, we find that even if a theme doesn’t breakout, genuine stocks like Sanan Optoelectronics, after divergence, can recover. Similarly, the “Lobster” concept didn’t breakout, but Meili Yun, as an active stock, showed recovery after divergence. Yet, since Meili Yun’s concept isn’t very authentic and its position is relatively high, it can be skipped. Likewise, Yu Huan CNC was an active stock at a high level in the industrial machinery sector, experienced divergence, and saw a rebound on Friday.
Therefore, in the rhythm of sector rotation, observing active stocks can help imitate and profit from arbitrage. This is also why many say “rebirth rarely involves core leaders, but it’s a way to maximize arbitrage.”

Second, how to operate in current market?
Recent markets are highly fragmented, with fast sector rotation, poor persistence, and sharp drops after peaks. For most retail investors, avoiding losses or minimizing them is victory. Many experienced traders are also losing consecutively, while my strategy remains relatively stable. Today, I’ll explain how to balance offense and defense during the oscillation retreat, to help everyone preserve capital and then profit.

1. Big picture: follow the trend, focus on stability
Trading must follow the trend. Now, with short-term chaos and sentiment retreat, it’s crucial to switch tactics immediately—no more aggressive chasing of main upward waves. When the market is good, trade more boldly; when bad, trade less, control position size. The first goal during oscillation isn’t huge profits but controlling drawdowns, preserving capital, and maintaining a stable mindset. Reduce total positions to 30-50%, abandon high-frequency trading, focus on high-confidence opportunities; be more strict on entry and exit points—no greed, no gambling, no overambition—strictly follow stop-loss and take-profit rules. Lowering aggressive intent naturally improves defense, avoiding unnecessary trades and most pitfalls.

2. Discern opportunities: know what to do and what to avoid
Many ask: why do top traders see no opportunities in their review, but I see opportunities everywhere? The answer is simple: different understanding levels or standards. For the same stock, you see rebound chances; top traders see risk of trap. If you’re 50-60% confident, you might buy; top traders won’t act unless certainty exceeds 70% and there’s a clear expectation gap. That’s the gap. Take this Friday as an example: over 3,500 stocks rose in the morning, a lively scene. Many chased “what to buy,” but in the afternoon, markets plunged, and external news increased volatility. Monday is likely to open lower, and chasing high will only lead to losses. During oscillation, the biggest trap is false strength in the morning and genuine decline at the close—opportunities look abundant but are actually traps.

In contrast, I started warning about risks from 11 am Friday, even when the market was still rising with over 3,500 stocks, indicating a high point. The market was chaotic; don’t act recklessly. If you hold back on Friday, even if external shocks occur over the weekend, you can stay calm and steady.

3. Balance offense and defense: three practical principles during oscillation
First, position size is the first line of defense. Don’t fully load, don’t go all-in, don’t over-concentrate on single stocks. During sharp drops or rebounds, sell into strength, always keep the initiative.

Second, rhythm is the second lifeline. Trade less, reduce frequency, avoid chasing highs in the morning, don’t blindly bottom-fish. Short-term trading is about next-day expectations—take profits when available, avoid fighting or overextending, keep “fast in, fast out” in mind.

Third, discipline is the ultimate life-saving tool. Exit unconditionally at stop-loss levels; don’t add positions to lower costs. Take profits decisively when targets are hit—don’t chase the last bit of profit. Oscillation markets have very low tolerance for mistakes; one big loss can wipe out several gains. Controlling your hand is more important than anything.

4. Words of encouragement:
For short-term traders, every new day is a fresh start. But reviewing past days reveals familiar patterns—trends, traps, pitfalls. History doesn’t repeat exactly, but it often rhymes. When market difficulty increases and tolerance drops, what we should do isn’t reckless trading but careful review—clarify strategies, refine stock selection and timing, tighten discipline.

Many comments this week show some have lost again. I feel helpless too. The biggest problem is the rhythm is completely chaotic: selling winners, chasing new plays, then falling back. This back-and-forth destroys confidence. The best approach now isn’t more reckless trading but decisively stopping, focusing on pre-market planning and post-market review—less impulsive, more preparation.

Many opportunities look tempting but are traps; many “big legs” seem profitable but are traps of traps. Instead of regretting during trading, do more homework after hours. If your rhythm is broken, revisit my previous main posts, understand the logic and rhythm, stabilize your mindset, correct your approach, and re-enter when ready.

The experience and insights I summarized years ago still hold true today. During weekends and free time, don’t just scroll messages or listen to hype—review recent gainers and losers, analyze: where is the money flowing? where are losses concentrated? are there common themes? Is it a matter of theme, position, or chips? Before buying, ask yourself: is this hype? is this stock fully exposed? is my buy an over-expected opportunity or just chasing high? Is the logic just starting or already confirmed? Clarify these before acting.

Short-term success isn’t about diligent trading but precise strikes. When markets are tough, stick to your system, review carefully, control your hands, and keep rhythm. Maintaining rhythm equals maintaining profits; protecting capital means waiting for the next main wave.

Next week, I will focus more on core leaders, buying with ample time, selling without being stuck in limit-downs. If there are opportunities, I’ll share 1-2 stocks; if not, I’ll rest. Despite some flaws this week, overall experience has improved significantly. Keep rhythm, charge forward!!!

If you agree, please like and support. Thanks for your continued support! Wishing everyone a smooth post-holiday market!
This morning I wrote a 10,000-word detailed post, and this afternoon I’ll prepare a weekly summary and insights. Tomorrow morning, I’ll update with market thoughts. Please help organize the data, I’ll share it early tomorrow!

Thanks to friends for tipping and supporting:
@ybl123123 @寒天天o @小梁哥章鱼烧 @爱雨3160 @苗昌辉 @CZ政 @g界星晨 @不会游泳的股票 @炒股112 @米开朗基瑞 @绽放极限 @极致一念永恒 @想法不及时光 @闲芸筑梦 @Rick0240 @情绪流孤舟 @赵公子 @寰宇天下 @章大侠 @深九寒 @股市朋鱼宴 @繁简先生 @朝晨之熙 @路明非zzzz @LParkour @鱼虾一蒸碗 @大案牍术 @当湖十局 @一线光芒 @白瞟 @生命科学 @世界向左 @小树根 @瓜洲渡 @Patient666 @念悠悠 @海陆 @老柠檬茶树 @朝钟暮鼓A @新高易 @短线攻守道 @养家逍遥 @饿狼联盟 @股海狂飙168 @旺德佛阿水 @甄龙 @哞哞牛团长 @日照东方红 @曼特宁朵朵 @passion到底 @松小幸 @焦虑没有智慧 @羊东升 @鹿宝儿 @Yamantaka @爱吃鱼香茄子的少年 @冷静理智克制 @晴天大太阳 @凝悠悠 @ybl123123 @寒天天o @g界星晨 @天爷 @想法不及时光 @已读 @曼特宁朵朵 @繁简先生 @当湖十局 @晴天大太阳 @路明非zzzz @主升龙头空空龙 @卡K罗特 @信息已确认 @风舞2016 @哈哈哈哈红红火火 @赚他小目标 @生命科学 @厚积待薄发 @绽放极限 @极致一念永恒 @牛牛向前猛猛冲 @大案牍术 @Rick0240 @金牛座的梓阳 @622工程 @股市朋鱼宴 @熟不熟悉都慢涨 @里马 @日照东方红 @焦虑没有智慧 @念悠悠 @老柠檬茶树 @千江有水Aprt