Recognize Yourself

New to the stock market, I had sky-high ambitions. Before I started trading stocks, I thought I was destined to be the next hotshot trader, my heart floating with excitement. I’ve always been like this since I was young. I know this personality would make me a disabled person in the stock market. No matter how much others teach me, I won’t learn until I experience it myself; actions teach better than words. My dad is also involved in the stock market, having been through ups and downs for nearly twenty years. He often told me, “Don’t go into real trading until you’re proficient; trying without practice will only lose money—you’re just giving it away.” I didn’t believe in that; I thought I was smart, confident in my abilities. I had 16,000 yuan, and I took 10,000 to buy a stock in Zhaochi. It surged that day, but I didn’t manage to buy at the breakout; I bought at the peak. The stock then fell back, ending the day at break-even, with a balance showing an 800 yuan loss. I felt an indescribable pain—very painful. I clearly remember crying that day. I felt very sorry for my girlfriend; she’s suffered a lot because of me. She’s frugal, buying clothes and things carefully. When I lost 800 yuan suddenly, I couldn’t hold back and started crying. After adjusting my mindset, the next day, the stock rose four points, but I didn’t sell. By the close, it was up 1.5 points. On the third day, I was about to sell because I was greedy, thinking it would go higher. I watched helplessly as it dropped from around 1.6 to -3, -4, -6. I sold at -7. Seeing such a big drop in the morning stunned me. My mind was full of thoughts, I wanted to cry but couldn’t. A wave of guilt overwhelmed me. I stopped all my trades and told myself to take it slow, step by step. I transferred 10,000 yuan to my girlfriend, and I kept 5,000 for myself. I believe that once I establish a stable profit model, that 5,000 can turn into 50,000. I am committed to learning diligently—humble, low-profile, serious, and hardworking. These words are engraved in my heart. If I don’t learn enough confidence, I won’t try. In future trades, I will learn to manage positions. I feel deeply sorry for my girlfriend. I think she worries more than I do. I initially didn’t plan to tell her I lost money. When she asked, I told her. I know she’s very worried. I don’t want her to worry. I will work hard to give her a good explanation.