Stock market rookies are scared! The first time I bought a stock, I encountered a massacre. I collapsed and asked for help. Experts and gods responded.

Taiwan stocks fell today. (Bloomberg file photo)

[Financial Channel/Comprehensive Report] Today (6th), Taiwan stocks plunged more than 3,700 points in early trading, setting a record for the largest intraday drop in history. Many investors were dumbfounded, especially novices who had just entered the stock market. There was a stock market rookie who asked about the crash on the Internet. He thought buying stocks was like saving money, but he didn't expect to encounter an epic plunge just after entering the market. Not only was he trapped, but he also lost all the money he saved from working, which triggered a heated discussion. In the face of this violent decline, some netizens were enjoying themselves, jokingly saying that it was like they were experiencing a big promotion during the "Double Eleven Shopping Festival".

Taiwan stocks opened sharply today, first opening at 38915.76 points, a drop of 2658.96 points. The decline continued to expand, and once fell 3737.67 points during the session, hitting 37837.05 points, setting a record for the largest intraday drop in history, and falling below the annual line. As of approximately 12:24 noon at the time of writing, the weighted index fell by 1863.94 points or 4.48% to 39710.78 points.

The Taiwan stock market has been experiencing intensified volatility recently, and many investors who have just entered the stock market are confused by the market fluctuations. A netizen posted a question: "Newbies want to know why the Taiwanese stock market has been so green recently?" Some people also revealed that they had just started investing. After hearing everyone say that buying stocks is like saving money, they treated stocks as a bank and even put all their living expenses in. Unexpectedly, the savings were getting less and less, and they were directly trapped. They couldn't help but break down and shouted: "Can I still survive?"

In addition, some novices saw that Taiwan stocks were all green today and asked doubtfully on the Internet: "It is the first time for a novice to buy stocks. Is this normal?"

After the relevant article was exposed, it attracted many netizens to discuss. Some people think that out of sight is out of mind, and they suggest simply "don't look at it, don't think about it" and "fold your cards." Others think that encountering such a big scene for the first time buying stocks is a rare experience. They even expressed envy, "It's the first time to encounter a big sale," "It's a good buy today," "I'm so jealous that it's your first time," and "You happen to have a super sweet price now."

Some netizens have carefully analyzed and believed that the recent negative news for the market has continued, including the poor outlook for U.S. technology stocks, market concerns about problems with investment in AI infrastructure, slowing industrial growth, as well as the U.S. midterm elections, inflation may rise again, and other factors, coupled with the emergence of selling pressure from foreign investors, further aggravating market pressure.

The netizen pointed out that once the market starts to fall, various bad news will emerge one after another. Even if the overall prosperity may not really turn bad, the stock market may still spread due to panic, and there will be a "people-trading" phenomenon in which investors rush to sell.

However, many netizens chose to have fun in their misery and described this decline as a shopping festival promotion. They joked that "department stores also have anniversary celebrations", "discounts are cleared, and you can prepare to receive them in batches", "Double Eleven Shopping Festival", and "just treat it like Black Friday specials", trying to look at the market shock in a humorous way.

In response to today's sharp drop in the stock market, President Lai Ching-te said in the morning, "Don't panic, the government will pay close attention to every change." In an interview this morning, Chairman of the Financial Supervisory Commission Peng Jinlong pointed out that he had received instructions from Chief Executive Officer Toh Wing-tai and that rescue measures would be announced in the afternoon. According to external research, a short-term order may be issued.