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101885478 : Stock market players say
In the first year of Yongzhen, some retail investors complained to me, “There are many changes in the market. The speculators are Yingjie, and they don't know the market. They want to profit from their families, so they enter the stock market. However, they have repeatedly invested and lost, and their families are worried because they have run out of money.”
When asked why, he said, “There are many predators in the city that are manipulated by China. Even though we invested in stocks, the news was blocked, and we had no chance. The alligators either secretly collude, or use foreign profit to move in and out, and the rise and fall of the market take full advantage of it. My generation is like a fish in the net, and it's hard to escape even when it's struggling.”
I said, “Then why not delist to protect our lives?”
He said, “My family's livelihood is difficult. Rice and chai are expensive. If I don't enter the market, why keep a family? Also, those who have an advantage in the market can enjoy plenty if they get it. Even though I know the city is like a poisonous snake, I have to fight one or two to make ends meet.”
He sighed, “Your words are also a picture of many retail investors. The city is like a poisonous snake. Although the benefits can be obtained, the risks are innumerable. Big crocodiles are hungry, retail investors are damaged. Although the government and law want to protect the public, there are omissions from time to time, and the risks in the city are difficult to dissipate, such as clouds. I have heard that the state has ambitious policies, but even if the policies are good, it is not easy for retail investors to avoid danger.”
The retail investor lamented, “Even though I know the risk, my family is tired. If I don't fight, I can't survive and advance and retreat to Victoria Valley.”