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Chinese translation
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Japanese original
Life is always a zero-sum game, there is no overwhelming victory, and the more successful one is, the more cautious one should be. If you listen to it as a philosophy of life, you will nod in agreement. But if you look at it as a philosophy of winning and losing, it is meaningless. When it comes to stocks, considering the number of wins and losses is meaningless. The question is not about the probability of winning, but about the absolute value of total returns.
- cis Stock Trading Art (The Winning Logic of cis, a Legendary Trader who Made 1.3 Billion Yuan from 230,000 Yuan in the Stock Market) (Kindle Location 218-223). Kindle Edition.
Whether it is the stock market or other games, in general, participants are losers. Because in the stock market, you have to pay commissions and taxes, and in a casino, you have to pay for the venue. Among them, those who lose the most are people who have a deviation in their abilities and self-awareness. In other words, people who cannot separate themselves from their emotions and hold themselves strictly accountable. To put it simply, people who cannot face their own state will lose miserably. And such people will continue to lose.
- cis Stock Trading Art (The Winning Logic of cis, a Legendary Trader who Made 1.3 Billion Yuan from 230,000 Yuan in the Stock Market) (Kindle Location 245-249). Kindle Edition.