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Stock trading journey: Profits to zero, akin to a gambler's demeanor.

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Post time 11-1-2024 06:59:21 | Show all posts |Read mode
Recently, I have a friend who is wholeheartedly aiming to reach life's peak through stock trading, and the result has been a tumultuous journey. At the beginning, he eagerly stared at the phone screen, busy and delighted every day. After a while, he actually made a considerable profit. At that time, his tone was full of confidence and arrogance: "Stock trading is simply the perfect way to make easy money. Who says young people don't understand financial management!"

However, the market is unpredictable, and risks are always lurking. One day, the market changed dramatically, and the stocks in his hands began to plummet. This once confident friend immediately became anxious, sighing repeatedly, "Why am I so unlucky? Am I not a genius in stock selection?" Nevertheless, even in the face of losses, he clung to those stocks, unwilling to cut his losses. When asked why, he confidently said, "This is long-term investment; it will rise again someday!" It seemed as if he had forgotten that even in long-term investment, one must clearly see the trend, and it's not a matter of being stubborn. With each loss, his demeanor became more and more like that of a gambler.

The former "I am an investment expert" turned into "This time is really the last time." However, after each "last time," there was always a bigger loss behind it, making it both laughable and lamentable. My friend's experience has deeply taught me that investment is, in fact, an adventure, sometimes akin to gambling. One needs sufficient calmness and rationality, not to be led by the market's fluctuations. After all, this is not a movie with a fixed ending. I hope he can learn from this experience, refrain from indulging in a gambler's approach to stock trading, and instead face the vast waves of the market with rationality. This incident has shown me that stock investment, if not approached with the right mindset, can ultimately lead to substantial losses. Whether it's investing or gambling, it's crucial to control one's mindset!
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Post time 11-1-2024 11:03:04 | Show all posts
Everyone has their own story.
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Post time 11-1-2024 12:45:27 | Show all posts
Losing miserably is just inevitable.
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Post time 11-1-2024 16:12:46 | Show all posts
In the end, there will still be a day when it rebounds.
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