It's a bloodbath. I thought storage was the savior that could turn the tide, but in the end, it not only failed to prop up the collapsing building but also turned out to be a vampire sucking cash flow 😂

The market has been extremely difficult to navigate this month. US stocks have become A-share-ized. While the broader market saw only minor adjustments, individual stocks experienced wild swings. Capital is trapped in a zero-sum battle among existing players. Storage is frantically siphoning off all funds, including from semiconductors, dominating the trading volume charts. Only the storage sector is living the "high life," while other mid-to-older stocks are stuck in a sea of red every day 🙈

I'm a firm left-side trader who buys on dips, not rallies. But the current market is extremely fragmented. A small number of stocks hitting new highs continue to do so, while the majority hitting new lows keep sinking lower. Even the "Magnificent Seven" are slashing prices like crazy. I can't buy them all, I simply can't. This left-side trader is almost beaten into submission.

Fortunately, I sold off most of my positions at high levels, so my account still has some profits and hasn't hit new lows. In this market, trying harder is useless. I can only lie flat, play dead, and patiently wait for the next rebound 🙃

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