It's a rather depressing end of the year. I received two group members asking me to "borrow money" while I was sick and not feeling well these past few days. How should I put it? I feel a bit depressed. From childhood to adulthood, I have basically never borrowed money from others, nor have I lent money to others. I don't want to get involved in other people's karma. When you get through one difficulty after another, looking back, you'll find that many things have solutions. Be honest when you need to be honest, correct what needs to be corrected, and even banks need to boost their performance at the end of the year, so there's no need to bother your "friends". If the market is bad, you don't have to make a move. They could even sell their shares in a more favorable market. In December, the success rate of A-shares was basically 90%+, with the biggest winners making at least 60%+. Sometimes, there's really no need to get so hung up on the crypto. Think about when you made all that big money? Think about how you lost those so-called small amounts of money? Yes, if you set a good stop-loss, you might only lose 20%. But can your principal withstand 10 losses of 20% each time? Will my mindset change? Once you start to get anxious and impatient, after 10-20% you'll want to All In a big win, and in 80% of cases you'll lose all your principal. Stubbornly persisting in unfavorable market conditions → Repeated small stop-losses deplete capital and damage mindset → All In in anxiety → Failure. Failure is the norm. But after you fail, you shouldn't keep repeating the same mistakes over and over again. If this path is blocked, you can try another one. They never review their performance, never optimize their strategies, and always go against the trend without examining their own actions. Money earned by luck will only be lost through a lack of skill. How many so-called genius traders are there...? I'd like to share a quote from Lu Yu that I saw a couple of days ago: Whenever I feel particularly desperate, feeling like I've made another wrong move or played a terrible game, I feel like I deserve it. Because this is what I want. You know it feels good when there's no one to blame, but it doesn't feel good when you can blame your parents. I have honestly shown myself in a terrible state right now, but I have nothing to regret. I am not ashamed of anything around me. After all, this is my life, and it is my right to mess it up. Every time I think about it, I feel a particularly tragic yet exhilarating feeling. I can make plans for myself, bravely try what I want to try, and then take responsibility for my decisions and accept the consequences of these pursuits. Those who never improve throughout their lives are always complaining about others. But I have myself by my side. My biggest realization this year is: Avoid wanting everything at once; mindset is the best feng shui; and, don't talk about feelings while you're alive. Happy New Year.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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