I mentioned the need to reduce positions in the current market yesterday, and I believe some friends have already taken profits. Given how the market has moved today, I'll add a few more words. If you think I talk too much and find it annoying, feel free to scroll away.

First, don't make decisions during a sharp drop.

When emotions run high, your actions are most likely to go wrong. You'll regret selling, and you'll regret buying. In fact, doing nothing is the best action at this time—it has the lowest decision cost, requires no consideration, and avoids the consequences of impulse. The crazier the market, the steadier you need to be.

Second, when sudden bad news hits, don't rush to buy the dip.

Many people see bad news and rush in, thinking they're "getting a bargain." But be careful; some negative news can trigger a slow, grinding decline—a little drop today, another little drop tomorrow, like a frog being slowly boiled in water. Don't buy the dip during a sharp drop, and don't buy the dip during a slow decline either. Wait for the situation to become clear. Entering in batches or all at once is more prudent than acting in panic.

Third, when you're not in good condition, don't make any decisions.

This one is just for those friends who trade short-term. When you're physically tired or mentally stressed, your judgment declines. One mistake could wipe out all the gains you've worked so hard to accumulate, or even put you in the red. Decision cost is also a cost. If you're not in the right state, rest first. The market isn't going anywhere.

Ultimately, the most important thing at this stage is not to catch every fluctuation, but to protect your capital and your mindset. Friends holding Micron, SanDisk, and GigaDevice can take the money they've secured and feel at ease; the positions you still hold, feel at peace. Leave the rest to time.

Get some good rest and fight again tomorrow.

$Micron Tech(MU.US)$Sandisk(SNDK.US)$GIGADEVICE(03986.HK)