Waiting and following: My review of this week, also my pattern evolution (Week 1 of 2026)

I looked through a week’s worth of trading records:

On Tuesday, I bought Zhangyuan Tungsten.
On Wednesday, I sold it on a rebound (missed out on a big rally), and that same day, I bought Weichai Power.
On Thursday, I reduced my position as Weichai surged.
On Friday, I opened positions in Jinjingda and Shenghe Resources at the open, and before the close, I added Weichai back.
After reviewing the trading records, I stared at the screen for a long time. I want to talk to you about this week’s operations and also discuss something more important—when the market changes, how should we adapt?

1. First, let’s talk about this week’s operations, each move had its reason

Tuesday, I bought Zhangyuan Tungsten.
That morning, I saw news: Zhangyuan Tungsten raised its second-half February long-term procurement prices, with prices for 55% black tungsten concentrate and ammonium paratungstate both rising. This wasn’t the first price increase, but consecutive hikes indicate one thing—supply and demand dynamics are strengthening. I entered on the second day of divergence, buying at the divergence.

Wednesday, I sold it.
A friend asked: Did you miss the big move? It continued to rise afterward, right?
Yes, it hit the limit up on the rebound, and continued to strengthen on Thursday and Friday. Zhangyuan Tungsten hit 5 limit-ups in 7 days. By standard of continuous limit-up players, this move was indeed “missed.” But I want to share a view: in a rotation market, missing the top isn’t a mistake; selling too early and not re-entering is the real mistake.

My reason for selling was simple: taking profit of over ten points in two days. Better to lock in gains early. In such a rotation, resources that rise today might be replaced tomorrow. The gains I secured are mine; the rest is left for more patient market participants (Honestly, I didn’t expect it to surge so violently!).

On Wednesday, I low-bought some Weichai Power.
Why buy it? Not just because it’s a leading heavy truck stock, but because it has tags like energy storage, data centers, solid-state batteries, and is also a seller of AI data center (AIDC) components. In short: it’s focused on overseas market gaps and domestic backup power replacements—solid and reliable.
In a rotation market, not only one sector rises. When resources have surged, tech stocks tend to flow back into rotation. Weichai, with its performance, concepts, and large capital capacity, is suitable for divergence focus.

Thursday, I reduced my Weichai position as it surged.
It rose well that day, but looking at the order book, the intraday rally didn’t surpass the previous high, and selling pressure was building. So I cut half, leaving half—ready to attack or defend.

Friday was the most testing day.
On Thursday night, I thought Zhangyuan Tungsten should be adjusted accordingly, and prepared to buy more. When the market opened, I felt, “Ah, it was snatched away again,” so I turned to buy Jinjingda and Shenghe Resources.

Jinjingda benefited from fertilizer price hikes—low prices plus rising prices. In the afternoon, the fertilizer sector overall strengthened, with Sichuan Meifeng and Limin Shares hitting the daily limit. The logic was straightforward: in early February, urea prices rose 20.6%, potash 14.8%, compound fertilizer 19%—price hikes are spreading. From non-ferrous metals to chemicals and fertilizers, money is rotating within one trend. As market volume and limit-up tolerance increase, it’s worth lightly participating in the price hike segment.

Shenghe Resources is a rare earths stock. On Friday, the rare earth permanent magnet concept collectively strengthened, Baogang Steel hit the limit, and Shenghe Resources surged. The news was that praseodymium-neodymium prices rose to 1.08 million yuan/ton. Plus, Shenghe’s third-quarter forecast showed nearly 7 times profit growth, supported by performance, with a good trend—it’s a strategic resource.

That afternoon, I added Weichai back. Why? Because I observed that when resource stocks surged strongly in the afternoon, stocks like Weichai with tech attributes weren’t overly drained; they still moved steadily. Such stocks that “rise without much fall” and have solid logic are worth re-adding to wait for rotation.

2. Looking back at this week, I realized one thing

After reviewing my trades, I found that my approach this week differs fundamentally from previous months:
Before, I was in “waiting” mode—waiting for the most certain opportunities.
Now, I am in “following” mode—following the market’s rotation rhythm.

This isn’t reckless; it’s based on a premise—the market has changed.

In the last week (Tuesday to Friday), despite only four trading days, the market’s strength and clarity exceeded expectations. The Shanghai Composite rose for four consecutive days, with daily turnover exceeding 2 trillion yuan for four days in a row: 1.8 trillion on Tuesday, 1.9 trillion on Wednesday, breaking 2 trillion for the first time on Thursday, and further expanding to 2.1 trillion on Friday. More importantly, “price hikes” became the dominant theme throughout the week: tungsten rose, then rare earths, then phosphorus and potassium—money rotated within one trend.

In such a market, if I still held no positions waiting for a “dragon to turn back,” I would have missed out. So I adjusted my “dragon waiting” model:

• Dragon: No longer just looking at limit-up stocks, but focusing on trending stocks with logic, capacity, and sector effects. Weichai and Shenghe are examples.
• Short: Not fully empty, but after completing a position in one sector, I wait for the next. Selling Zhangyuan Tungsten on Tuesday and reducing Weichai on Thursday were “short” moves—freeing up positions to prepare for the next buy point.
• Dragon: Buying Jinjingda and Shenghe Resources on Friday is a bet on the next “dragon.” This isn’t the limit-up stocks but the core capital areas—funds are most concentrated there.

3. Weekly market review: How I followed through in four trading days

Looking at the week’s trend as a whole, despite only four days, the pattern is clearer:

Tuesday (first day after the holiday): The market quickly got into gear. The day before was a holiday, and on Tuesday, as the market opened, rare earth permanent magnets showed obvious activity. Northern Rare Earth and Shenghe Resources both increased volume moderately. Many non-ferrous stocks, including Zhangyuan Tungsten, opened high and then retreated. I was waiting for divergence and entry. After close, news of tungsten concentrate price hikes came out, signaling the market that “price hikes” are a key theme.

The key point that day: no pre-judgment, just follow—where the funds go, I go.

Wednesday: Prepare for differentiation:

• Rare earth permanent magnets exploded.
• Zhangyuan Tungsten hit the limit-up, Shenghe Resources surged.
  But I sold Zhangyuan that day—not because I was bearish, but because in a rotation market, locking in over ten points profit in two days is better than risking a reversal.
  That same day, I noticed signs of stabilization in tech stocks, so I bought Weichai Power, preparing for two-way moves.
  In the evening review, I noticed a detail: fertilizer stocks showed activity, with Jinjingda and Sichuan Meifeng increasing volume.

Thursday: Focus on restraint, prepare for low buy on divergence:
Resource stocks differentiated; Zhangyuan Tungsten continued limit-up, but many small metals started to adjust.
Weichai Power surged, so I cut half my position.
New funds entered, but I wasn’t sure where they went, so I reduced positions to keep cash for better opportunities.
No new positions that day—no good opportunities, no confidence in others, and fertilizer and tech still need confirmation.
The key: better to miss out than to make mistakes.

Friday: Be decisive in entering positions.
In the morning, fertilizer sector strengthened, Jinjingda surged on volume, I followed; rare earth magnets rebounded, I followed Shenghe Resources;
In the afternoon, I saw tech stocks weren’t drained by resource stocks, and Weichai moved steadily, so I added back the positions I reduced on Thursday.

Why did I open three positions on Friday? Because after two days of observing, I saw price hikes spreading, funds rotating, and new funds rising. When the opportunity arises, I follow.

4. Summary of three rules from these four days

Rule 1: Before buying, ask three questions:

• Why is it rising? (Must have a clear logic, not just “feeling” it will rise)
• Is this the right entry point? (Not after it has already risen for two days)
• What if it falls? (Always plan your stop-loss before entering)

Rule 2: No more than three sectors in your holdings
Too many stocks make it hard to follow rotation. At most, I held three stocks—Weichai, Jinjingda, Shenghe Resources. Focus helps you keep up.

Rule 3: Think about selling during surges, buying on dips
When Weichai surged on Thursday, my first reaction wasn’t chasing but reducing. If it keeps rising, I have room; if it dips, I have cash to buy more. Reversing the rhythm increases success rate.

5. Next week’s market forecast: three directions, one rhythm

After reviewing the news, I have a preliminary view for next week—may not be accurate, just for reference:

• Direction 1: Price hikes will continue but will spread and differentiate.
  The best performers this week—tungsten and rare earths—may enter a phase of divergence next week. After five limit-ups, chasing high isn’t cost-effective. But the price hike theme won’t end; it will expand outward.
  Focus on two sub-sectors:

  • Phosphates: Jinjingda’s strength on Friday isn’t isolated; spring planting season is starting, and there will be catalysts.
  • Soda ash: PV glass capacity release drives demand, similar to rare earths, and can be bought on dips when it starts.

• Direction 2: Two sessions expectations, some sectors need early positioning.
  The Two Sessions start on March 5. This is the biggest variable next week. I will focus on “new quality productivity,” involving high-end equipment, quantum tech, new materials, aerospace, and deep-sea fields—basically the 14th Five-Year plan sectors. Some funds are already lurking; watch which sectors can become main themes.

• Direction 3: Tech rotation, opportunities after dips.
  Tech stocks weren’t as strong as resources this week, but market volume was high, and funds are rotating across sectors. If resource stocks show divergence, funds may flow back into tech. I will keep an eye on AI computing power (optical modules, CPO), storage chips, and electric vehicles, waiting for dips to stabilize.

Next week’s operation rhythm: avoid chasing continuous big gains, don’t be fully invested in one sector, and during the Two Sessions, observe more and act less. Wait for market digestion and clearer direction before making moves.

Finally, a few words to my loyal followers:

I know my updates have been less frequent lately, interactions fewer, and popularity has declined. Some unfollow, some look elsewhere—that’s normal.

But I keep asking myself: in this place where every day there’s “limit-up” and “profit-taking,” what kind of person do I want to be?

If I chase excitement, I could shout some uplifting words daily or push a few stocks when I don’t understand the market, encouraging everyone to gamble. But that’s not what I want.

I am someone who likes to clarify things—know why it rises, why it falls. Whether right or wrong, every word reflects what I truly think. I won’t boast when I succeed, admit mistakes when I miss, or pretend to understand when I don’t. I won’t shout empty slogans I don’t believe in.

Maybe this persona isn’t the most lively, but those who stay are probably the ones who genuinely want to survive longer in this market.

Models can evolve, but the core can’t be lost. I used to teach “waiting in full cash,” now I teach “following the rotation.” Previously, I focused on limit-up leaders; now I emphasize trend leaders and price hike leaders. But no matter how I change, one thing remains: speak honestly, tell the truth, and don’t deceive.

Next week, with the Two Sessions, new directions will emerge. I will continue sharing my thoughts and operations just like this week—authentic, whether right or wrong.

Thank you to those still here. Have a great weekend!