$Intel(INTC.US) The first time I shorted, I encountered this extreme market condition. I shorted at $55 and stopped out in the middle at $69. Then, before the earnings report, I used one-third of my capital to short again (originally wanted to go all in, but considering the risk, I didn't. Otherwise, I would have lost even more this time. I had carefully considered not shorting before earnings, but given that I had already lost so much on this, the sunk cost was too high, so I took out another third of my capital to gamble on a short). After this shorting episode, the funds in my brokerage account were directly halved.

Fortunately, I'm only 20, still young. I lost $6,000 on Intel this time, and lost another $10,000 on various other things before. The pain of having my assets halved has been a harsh lesson for me. I also thank myself for starting stock trading early. Now I truly understand what risk means. If my capital were halved in middle age, I dare not imagine the consequences.

Intel really woke me up. Thank you, Intel, for giving me a hard lesson. If it weren't for Intel causing me such a huge loss this time, I might have spent even more time researching shorting or short-term speculation, wasting even more of my time cost (averaging over an hour and a half watching the market every day), instead of truly researching a trading system and value regression.

I found my trading to be highly emotional and lacking a system. This finally made me calm down and reflect on my previous trades. It's time to try building a trading system. I believe a reasonable trading system can definitely make money in the market.

Although I lost so much this time, I still thank Intel for making me truly reflect on myself. My current trading indeed has problems. I spend a huge amount of time on the trading software every day, incurring a lot of opportunity cost.

From now on, I'll try daily chart trading, watching the market for no more than 20 minutes a day. From now on, I'll trade on a demo account, not a live one. I'll come back when my demo account is consistently profitable.

Finally, I'm very curious and want to ask the big shots in the community: Did you all experience a halving of your capital as you grew up trading stocks?

The pain of having assets halved is too unbearable. A university student losing 100k in four months—this might be the coming-of-age gift life gave me.

I lost most of my other money on $XIAOMI-W(01810.HK). These two are the only ones I heavily invested in, and both resulted in huge losses. Reflecting on it now, it's still a problem with my own trading system.