Traded ValueGu Shen is a rich second generation, and ordinary people don't have millions to invest. Although he lost money, the lesson is still worth learning from. In short, the US stock market is not a paradise, don't take it for granted, and don't touch options if you don't have the capability. No one makes money immediately after buying. Buying good stocks, holding them patiently, and being a friend of time is the way for ordinary people to invest.
After losing everything, I decided to start over.
Lost all the money, I'm no longer restless, and my mind has actually calmed down, seriously thinking about how exactly I lost it all. Actually, back on October 10th, I still had over 600,000. In less than five short months, only 20,000 is left. The main culprits were of course margin trading, leverage, and options. I rarely played with options before (I didn't touch them at all when the market was good), I used to sell options. It was only after losing so much that I couldn't bear it anymore, that I thought of using options to make back the losses. The options I bought at first weren't short-term options either; they were two to three-month long-term options. My logic was that once it fell to a certain level, it would rebound...
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