https://wallstreetcn.com/articles/3687254

From 大道:

你的每个决策都会对你的一生起到作用。你要”理性想长远“。

所谓要坚持做正确的事情其实就是：

1. 发现错了就要坚决停止，
2. 明知是错的东西就要坚决不做，
3. 面临决策时首先考虑是非和长远而不是短期的眼前的利益。

From TK:

• 人的精神和肉体是统一的整体，相互影响。
• 你们试试，把两个嘴角上扬，做出微笑的动作，保持几秒钟后，就会感觉心里好像也有什么开心的事。

• Body limit: Should be healthy and strong, keep good energy.
• Knowledge limit: Know How, Know Why, Know What.
• Resource limit: Should have enough resources to exchange.

What I want to break now is:

• Break the energy limit with good diet, exercise, and sleeping well.
• Break the English limit.

I'm very bullish on Nvidia. Every dip or rise higher ignites my FOMO. I've profited a lot from that.

My strategy is to hold the stock and sell puts to earn premium to buy more Nvidia. If the price goes down, I just need to roll to the next week to expect the price to come back.

It has some risk and looks dangerous, but it has been fine in the past, as Nvidia has bounced back many times.

But this time, I learned what risk really is. When I sell puts, I'm exposed to the full loss risk if the stock goes down. The price went lower and lower. I needed to limit the loss by hedging, but I hadn't.

Today Nvidia's price went down to 110, and my position lost a lot. What a huge lesson.

Remember:

1. No leverage
2. Hedge the risk, limit the loss - that is what I need to learn and explore.

Hedging is a good tool. If I hedge well, I won't worry when the market goes down. Losses will be contained to a position and stop, then I'll have more time to wait for a bounce back. It's even possible to profit from hedging.

#hashtag: investment

Tomorrow is the result of today's choices.

Today's improvements will make tomorrow better. Today's setbacks will make tomorrow harder.

When I slice time into daily pieces, I live fully in the present moment. I can't defer tasks to some future time - I can only act now.

While today's happiness means nothing, what I truly seek is a better tomorrow. Therefore, I must take actions today that will help me grow and improve for the future.

The market's enthusiasm has been ignited by the news that the BIG BOSS will meet with tech leaders.

The YINN (3x bullish China ETF) has been on the rise. So I used my reserve money to try to take part in it. When I bought it, I just regretted that I couldn't earn much with this little money.

I felt uncomfortable, so I sold it with little profit.

Short-term trading success can create overconfidence, leading to risky behaviors like increasing leverage. Rather than chasing market predictions, I should invest in my personal development through the 'Ability Cycle' - continuously learning and improving my skills. This strategy provides more sustainable, long-term value for my life.

TELL MYSELF:

• Only earn the money that I can handle.
• Punish myself to read Lilu's speech

TGA is a buffer account it doesn't create liquidity itself. When its inflow and outflow is balanced, it doesn't create more money. But when some reason like debt deficit make TGA outflow bigger than inflow, the outflow will be the deposit in banks. Banks can use this deposit to loan to others, then money created. When the debt deficit resolved, TGA will draw money from banks then lead to less liquidity.

Is sleep.