Also, don't really listen to what all the 'big shots' say. Don't follow Xiaohongshu KOLs or big Vs and treat them as contrarian indicators to guide your trades. First, you aren't an institution; you lack statistical data on the correlation or correlation coefficient between a big V's posts and stock prices. Second, big Vs make money from traffic. A single promotional post might earn them hundreds of thousands of yuan. They post about the stock market purely to ride the hype. Not to mention that their portfolio screenshots might be fake anyway. Even if they lose money, it's just a matter for them to post another ad or host another livestream. It's fine to treat it as entertainment and joke around, but I see many friends in the comments sections of these big Vs executing buy/sell operations very seriously, which is a very unwise approach.
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