Stock Live Trading P167: Carefree Journey

Woke up at five o'clock, itching all over. In a fit of anger, I got dressed, took a deep breath, pushed the door open, and walked into the wind.

The street was already packed with people. Those waiting for the bus, rushing for the subway, students with backpacks, workers rubbing their hands as they hurried along, old folks chatting away.
So, while I was asleep, the world never stopped; it's always been this lively.

Looking further away, I suddenly realized that the bus is actually more convenient than the subway and cheaper than taking a taxi.
This is probably a truth only the elderly understand (the bus is full of old people). Most young people disdain it, preferring to squeeze onto the subway, chasing that speed. Haha, in martial arts, speed is invincible, but is fast really better than slow?

This in itself is a kind of cognitive blind spot.

In the past, when going to Guanyinqiao, I insisted on walking twenty minutes to Yangjiaping, taking the subway to Niujiaotuo, and then transferring to Line 3.
It seemed efficient, but in reality, it took longer and cost more. I was just used to it, thinking it was the fastest route.

Does the one who is faster always reach the finish line before the slower one?

Isn't that exactly how I lost everything in stock trading?
Obsessed with speed, blindly believing in my familiar routines, trapped in a blind spot, trapped in arrogance, thinking I was wise, but actually worse than a pig. A pig wouldn't lose 99%, right?

It's like airplanes and high-speed rail.
The plane only flies for three hours, but you have to arrive early, go through security, travel to and from the suburbs, and be confined the whole time. It adds up to seven or eight hours.
The high-speed rail goes directly to the city center, and you might have arrived much earlier.

Why do people think planes are more convenient?

Once you fall into path dependency and stay in your comfort zone, you become arrogant and stop thinking.
This is my most fatal flaw.

Thinking U.S. stocks were safe, thinking copying others' homework would guarantee a win, thinking I wouldn't be unlucky forever, that hitting rock bottom always offers a chance to bounce back.
The result was a continuous plunge to the bottom, almost leading to ruin.
Of course, there was extreme bad luck, but honestly, isn't it also because I never admitted defeat, refused to acknowledge I was dumber than most, and was unwilling to think more?

Not admitting defeat, stubbornly fixating on my weaknesses; thinking I was smart, arrogant and conceited; unwilling to think more, buying and then walking away, getting trapped when prices plummeted. Isn't this the root cause of my total loss?

Isn't stock trading just like life?
Every loser actually loses to themselves—greed, wishful thinking, stubbornness, arrogance.

If I could be desireless and thus strong, would I still lose?

Fortunately, the me now is probably a stranger in others' eyes.
I am no longer the old me, nor am I the stock god, Little Gu.

I am a wanderer, a beggar, a hoodlum, scum, a madman, a traveler, Amitabha Buddha, but I am definitely not a stock god.

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