1900倍涨幅神话：99%散户都错过了这个信号

Group 1 - The core viewpoint of the article highlights the dangers of retail investors falling into typical traps during a bullish market, despite the apparent market excitement and significant stock price increases [1][7] - The article emphasizes that the recent surge in the ChiNext index and the market's overall performance are primarily driven by capital flow, rather than genuine value increases in stocks [7][8] - It points out that many retail investors tend to react slowly to market movements, often entering positions after significant price changes have already occurred, which can lead to losses [7][8] Group 2 - The article discusses the importance of understanding institutional behavior and capital flow rather than relying on price movements alone, suggesting that successful investment requires a data-driven approach [7][9] - It mentions specific examples of stocks, such as the dramatic rise of Shangwei New Materials and the decline of Jingyuan Environmental Protection, to illustrate the risks of following market trends without understanding underlying data [1][5] - The article concludes with a call for investors to develop their own quantitative observation systems to track institutional buying and selling activities, reinforcing the idea that knowing "who is buying" is more critical than "what to buy" [8][9]