Chasing up and killing down is a technical term in financial markets. It is a trading mode of financial technology, which is contrary to the operation mode of bargain-hunting. Specific operation mode:
It is to buy financial products when the prices of financial markets (stocks, futures, foreign exchange, etc.) rise. ) rise, with a view to rising more, and then sell it at a higher price for profit. Sell financial products when the price of financial market falls, and buy them back at a lower price in order to obtain the benefits of falling prices.
Extended data
First, you can make considerable profits in a short time.
Second, it can avoid the idle funds caused by buying unpopular stocks and pay higher opportunity costs. However, many investors equate this stock selection with an operational strategy, chasing up and down, leading to repeated purchases and heavy losses! Seeing that the stock price has risen sharply, blindly entering the market is easy to get stuck in a high position;