The loss is the cost of the transaction, and the failure is not terrible. The terrible thing is not learning enough lessons from the failure!

No matter how experienced a trader is, there is always the possibility that he will make mistakes and suffer losses. Speculation can't be 100% safe. The so-called experience only means that you've learned many profound lessons, which were heartbreaking and embarrassing. No pain, no memory. No pain, no reflection. That's what happened. It's normal for a person to make mistakes, but if he didn't learn something from them, that would not be worthy.

There is nothing in the world but lose everything that can teach you more about what you shouldn't do. When you know what you shouldn't do to not lose money, you begin to learn what you should do to make money.

If someone tells me that my method will not work, I will try it thoroughly anyway to make sure of it. Because when I was wrong, only one thing could make me believe that I was wrong. That was -- lose money.

I know that one day, I will find the reason and never make any more mistakes. Only by making money can I prove that I am right. This is speculation.

It takes a long time for a person to learn all the lessons from all his mistakes. Some people say that everything has two sides, but the stock market has only one: it is not the bull side or the bear side, but the fact side.

It took a longer time for me to remember this general rule in my mind than most of the technical things in the stock speculation game.

Losing money is the last thing that bothers me. After I recognized the loss, the loss never trapped me, and the next day I forgot it. But the mistakes that you did not admit the loss will hurt the pocket and the heart.