Sold all too early

Today was crazy, I was hyped all day, from start to finish. The median gain of A-shares today was 1.28%, with 4,144 stocks rising and only 1,182 falling.

Today's trading volume in the Shanghai and Shenzhen markets hit 3.46 trillion yuan, a new historical high. The previous high was 3.45 trillion yuan set on October 8, 2024, which should be memorable for everyone.

Today, my grid triggered three trades, selling $Huatai-PB CSI Photovoltaic Industry ETF(515790.SH), Ou 22 Convertible Bonds, and Pension ETF. An old friend of mine hit the limit-up today—Media ETF, once a big stinker, now a hot favorite, it's all cyclical.

Last night, I reviewed the convertible bonds overall. Currently, I only hold four or five convertible bonds and plan to add some. However, the current prices of convertible bonds are indeed too high to buy, with the median price reaching 138.32. Let's take it step by step:

In recent days, what hurt me the most was still Hong Kong stocks. I won a few, but sold them all too early. Among the four new stocks, looking back, except for Jingfeng Medical-B, which was sold decently, the others were sold at the bottom. Looking back, it's hard to say I'm not upset, but if I were back then, I might still sell $MINIMAX-W(00100.HK) the same way:

So for Hong Kong IPO subscriptions, it's still best to set selling rules and strictly follow them. This way, even if you sell too early, it can ease the feeling of making money but still feeling bad. My current rule is to sell half in the grey market and half on the first day.

Today was a day when even junk stocks soared. Even with low expectations like OmniVision, it rose 16%. So today's grey market for GigaDevice naturally exceeded expectations, rising 40%.

Gold continues to hit new highs. My strategy for gold is simple: monthly fixed investments, accumulating shares:

The final operation is the daily convenient arbitrage of $UBS SDIC Silver Futures Fund (LOF)-A(161226.SZ). The latest premium rate is around 20%, with a daily subscription of 100 yuan and an expected profit of 20 yuan. It's still worth continuing.

For newcomers who haven't participated in LOF arbitrage, I recommend first learning the basics before diving in. Arbitrage opportunities are plentiful and appear from time to time. It's worth keeping an eye on—earning some breakfast money isn't hard.

Now, I increasingly feel that Musk is a real-life Iron Man, single-handedly making A-share hotspots revolve around him—brain-computer interfaces, commercial aerospace, all the current hot favorites. It's just that Tesla's performance is mediocre now. Personally, I make a monthly fixed investment in Tesla and also hold some other ETFs, like Vietnam ETF and India ETF, slowly accumulating shares.

Self-media: Dolphin Index Valuation