You are a leek, which means you are someone who has been deceived.
Leeks refer to the grassroots people in the financial circle. Synonymous with short memory. Usually, such people will be tricked by other so-called experts into buying stocks, financial management and other financial products, and eventually end up losing money. This behavior of cheating on leeks is called "cutting leeks".
"Cut leeks", an Internet buzzword, originally meant that leeks have reached their peak growth stage and can be harvested. Now it is likened to the selling of stocks by institutions, funds, and large investors, which causes the stock market (or individual stocks) to plummet, ushering in new opportunities to open positions, and then re-opening positions at low levels. In this way, cyclic band operations are made to obtain profits.
Four ways not to cook leeks:
1. There are often fallacies in mainstream views and focus on different perspectives. For example, Balao believes that gold has no investment value, but at this moment, due to the depreciation of the currency itself and negative interest rates on bonds, the investment value of gold has exceeded that of bonds.
2. Listening to the conclusion is not as good as the restoration process.
3. Make sure the logic is tight.
4. Hypothesize, verify, and finally draw conclusions.