In the world of capital, truly knowledgeable people are never afraid of losses.

The scale of wealth flowing in the market is far larger than most people imagine. I’ve never seen a truly capable investor become uneasy because of a temporary drawdown. That’s the rule of this game—no risk, no return.

Market fluctuations are like tides. Sometimes your account is in the green, sometimes your net value plunges. But neither state should define you, nor should they be excuses for standing still.

Don’t obsess over P&L and specific numbers all day. Instead of stressing over current losses, focus your energy on finding high-quality opportunities that can truly turn your assets around. Every loss is a tuition fee, not the end.

Being willing to accept possible losses is better than completely avoiding risk. The former may be rugged, but it can open the door to new opportunities; the latter is like a dead end, destined to yield nothing.

Luck doesn’t come out of nowhere; it’s the result of proactive creation. Position yourself correctly so that opportunities can find you, and your chances of success will soar. Conversely, misplacing yourself will reduce your probability to zero.