
Traded Value
Options$Intel(INTC.US) learning about options. I've completely wiped out the HKD 1 million in investment profits, and it should be even more; options have likely caused me a loss of about HKD 1.15 million. I think losing is good; this is the tuition fee I paid for a touchstone, a very real one. It has taught me to avoid conflicts of interest and to identify and address the shortcomings in my own logical theories. I'm grateful to the market for teaching us how to conduct ourselves and handle affairs. Without the trials of the crucible, how could one achieve long-term success? Making a lot of money through temporary luck will eventually be returned to the market in the long run. Ultimately, it's the pinnacle of comprehensive quality and ability that makes one a long-term winner in the secondary market. That 10% is so precious and so hard to come by; only those who have walked the path truly understand.
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