Powerpei

I will share some of my experiences here, welcome to follow me, I will also reply to build the OKX planet together

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Early this morning, several old groups were all showing off their orders for Ledong Robot () Last night, the dark pool saw a surge of over 200 points, with screenshots of a single lot floating profit of more than 10,000 HKD flying everywhere Seeing such an excited atmosphere in the group, I guess many people were envious Everyone only focused on those lucky chosen ones feasting But no one calculated how many people in that 512.7 billion HKD margin (financing) army Not only didn’t get a single lot, but also had to endure several days of high financing interest Retail investors are most easily brainwashed by headlines about oversubscription of 6700 times Thinking this is an absolute no-brainer buy signal If you calm down and do the math, you’ll understand →→→ 6700 times means the single lot winning rate was brutally compressed to a pitiful 0.8% Those big players using tens of millions in capital to hit the top, after deducting capital costs, at best barely make a little profit from one lot For those who got the lot, of course they’re happy, but for most retail investors, this is a meat grinder with outrageously low capital utilization Looking at the current trend in Hong Kong stocks, the only thing giving ordinary people a chance is actually the mandatory clawback mechanism Usually, the public market share might be just 10%, but because Ledong was oversubscribed over 100 times Retail investors’ share was forcibly clawed back to 35% Every time before I enter, I stare hard at this clawback threshold and calculate for a long time ➢ If this lifeline can’t be triggered, small funds going in are purely paying brokerage fees as cannon fodder, with no chance to even sit at the table →→→ Now about the base position game Many people subscribe to IPOs without even checking who the sponsors in the prospectus are, blindly following others (luck is indeed part of strength, haha) Do you really think Ledong’s stability this time is all thanks to the AI concept? Actually, it’s Haitong International, Guotai Junan and other big banks using real money as the anchor If a new stock’s cornerstone investors are all unknown small funds No matter how much hype the concept gets, the probability of opening below issue price is very high The pricing power days before listing is never about faith, it’s all about the muscle of these sponsors’ factions (these small details must be taken seriously) →→→ As for yesterday afternoon’s dark pool trading, that was the most truthful reveal I’m used to opening Futu and Phillip’s dark pool windows on my computer simultaneously to watch Once the dark pool trend weakens or discounts, it means big money is rushing to exit, and the first second of the next day’s open is all about clearing positions and stopping losses, no nonsense Last night Ledong surged to 229% on Futu, the buy-side premium was a bit ridiculous, that’s the only reason I dared to hold my base position calmly today Since subscribing to Xiaomi’s IPO in 2019 and surviving till now I’ve stepped into the deep pit of biotech stock break-issues And also enjoyed several waves of AI dividends In this environment of severe liquidity differentiation, I don’t believe in luck, only in some of my reference standards: no strong narrative, no play if oversubscription is under 500 times, no overnight if dark pool doesn’t have a 50% safety cushion Although I got this piece of meat today, the money in the market is endless, but the principal can definitely be lost Don’t use your hard-earned money to fill those unpopular pits no one wants, understand the underlying rules before entering, it’s much more useful than any illusory screenshot of orders (Personal real trading logic breakdown, absolutely not investment or account opening advice. DYOR.) #HongKongIPO