Godfish: Chasing high trades is actually using wealth to exchange for an illusory self-identification
On December 13, Shen Yu shared his trading insights on his social media platform, "Every 'buy more as it rises' trade is not essentially about the market but about trading one's self-worth. Adding to a position is not because of new insights into the market, but because we need larger profits to maintain a grander illusion of ourselves. The market has become a mirror; what we are obsessed with is not the profit itself, but the 'invincible' self in the mirror.
This is why all advice about trading discipline and systems, although correct, struggles to truly change behavior. Because you can't use technical solutions to fix an existential problem.
The most ironic thing is: We think we are using money to gain wealth when in fact we are using wealth for an illusory self-recognition.
In this trade, we were destined to be losers from the start."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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