---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41893777.md"
description: "Since entering the US stock market in May 2024, I've been exploring and losing money 💸. With a principal of 600,000, I've lost over 400,000 at most, a drop of more than 60% 📉. Breaking even felt hopeless. Those tough times, I believe, are the path every retail investor takes. That sense of defeat is also an unforgettable life experience. At that time, I was so deep in losses that I didn't even want to write my master's thesis, look for jobs during the fall or spring recruitment seasons, or operate my Douyin account 😮‍💨.Now, I'm a young adult who has earned my first bucket of a million yuan, with a profit of 143%. From a loss of over 60% to a profit of 143%, it's essentially a more than 6-fold increase to earn that first million. I use this fact to prove to everyone: never, ever, ever lose your principal. Otherwise, breaking even is really hard. A 50% loss requires a 100% gain just to get back to even. A 67% loss requires a 200% gain just to recover the principal 🥲. Let alone making a profit; just breaking even requires a huge effort to double your money.After truly earning a bit more than double, I've become increasingly calm as still water. The youthful spirit has faded, completely different from the competitive mindset during the loss period. I hold positions more calmly, no longer obsessively focusing on short-term doubling, and can also hold for the long term. Whether it's "realizing the past cannot be admonished, knowing the future can be pursued" or "wishing to buy osmanthus and share wine, but in the end, it's not like the travels of youth," I hope to rediscover my former self, full of endless curiosity and desire for the world! I believe good things will eventually happen 📝.Let's encourage each other and make infinite progress together ⚡️ヽ (¯ω¯(¯ω¯〃) ゝ$Micron Tech(MU.US)$Sandisk(SNDK.US)$XL2CSOPHYNIX(07709.HK)$XL2CSOPSMSN(07747.HK)$Unitedhealth(UNH.US)$Circle(CRCL.US)"
datetime: "2026-06-15T19:12:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41893777.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41893777.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41893777.md)
author: "[陆羽鸿渐](https://longbridge.com/en/profiles/13552510.md)"
---

# Since entering the US stock market in May 2024, I'…


### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md)
- [07709.HK](https://longbridge.com/en/quote/07709.HK.md)
- [07747.HK](https://longbridge.com/en/quote/07747.HK.md)
- [UNH.US](https://longbridge.com/en/quote/UNH.US.md)
- [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md)

## Comments (113)

- **目标跑盈定存 · 2026-07-08T11:29:18.000Z**: Aspiring graduate students look up to you. 😂
- **StephenZou · 2026-06-17T15:27:56.000Z**: How did you make this money? Did you hold it all along, or did you buy it on margin? Or did you just buy these 3 storage options with principal and hold them? None of these have increased sixfold.
  - **陆羽鸿渐** (2026-06-17T15:40:01.000Z): Fully leveraged long position on memory at the end of last year, holding would have made more money, back then Micron was at 275, and SanDisk was also very low.
  - **StephenZou** (2026-06-17T17:19:30.000Z): Impressive, earning the first pot of gold at such a young age. So envious. I'm still down 56 points in the big A-share market. This account also experienced a huge drawdown before, just like you did, 
  - **陆羽鸿渐** (2026-06-17T23:24:18.000Z): Simply put, it's a clear paradigm shift, moving from last year's rise of the seven giants to storage, then to optical modules, then to CPUs. If you don't understand optical modules and CPUs, you just 
- **武則天 · 2026-06-17T15:16:20.000Z**: To encourage each other with the original poster, I'm currently a third-year Ph.D. student. This year, I'm also writing my thesis. Every day after getting up, it's stocks, reading, working out, and writing the thesis.
  - **陆羽鸿渐** (2026-06-17T15:43:17.000Z): When studying and writing a thesis, one should know that the research direction is crucial, and whether the advisor is a top expert or a distinguished young scholar is very important. They can point y
  - **武則天** (2026-06-17T16:37:07.000Z): You have strong foresight, knowing to plan and allocate storage early. I only started building my position in storage in February and March.
  - **武則天** (2026-06-17T16:37:24.000Z): Are you a Master of Science or a Master of Arts?
- **武則天 · 2026-06-17T15:15:12.000Z · 👍 1**: Since opening Longbridge in mid-May of '24, I've mainly focused on IPO subscriptions and haven't traded stocks. I hadn't touched funds or stocks for ten years since '15. Starting in the second half of '25, I began subscribing to and trading new issues, and by the end of the year, I had made over 400
  - **陆羽鸿渐** (2026-06-17T23:26:04.000Z): Bullish
- **半山伏莊客 · 2026-06-17T08:42:19.000Z**: Learn from the bro, treat every life experience as a precious asset in life!
  - **陆羽鸿渐** (2026-06-17T10:02:58.000Z): For ordinary people like us, who aren't born into wealthy families or successful from the start, recording the growth process for future review, understanding how we made each choice and took each ste
- **StephenZou · 2026-06-17T07:36:19.000Z**: Niu'er Bizi (a name/nickname)
- **YTMOHP · 2026-06-17T07:23:45.000Z**: Lost 400,000 out of 600,000, leaving 200,000. How many times does it need to grow to reach 1,000,000? Why is all the data messed up?
- **锅边王道 · 2026-06-17T05:44:48.000Z**: To put it bluntly, the most important thing is still good luck. Just playing the storage sector, if based on the normal growth rates of previous years, I'd probably only be breaking even now. The rise over the past few months was unexpected. The part beyond expectations is pure luck. If I had been i
  - **陆羽鸿渐** (2026-06-17T07:52:31.000Z): Luck definitely plays a part, but would you hold a stock you don't understand with full position and full margin for half a year? I held it with full position and full margin because 600k turned into 
- **会飞的鱼333 · 2026-06-16T14:17:11.000Z**: What's your view on Hynix's current price?
  - **陆羽鸿渐** (2026-06-16T14:27:47.000Z): Recently, the market has been volatile. US stocks listed in August will rise, and the long-term outlook is definitely bullish.
  - **会飞的鱼333** (2026-06-16T14:29:21.000Z): Okay, thanks. My current situation is very similar to the stage when you were losing money 😂😂. I really admire you for not only breaking even but also making a profit!
- **jessie_liu2016 · 2026-06-16T13:39:46.000Z**: So awesome! 👍👍
- **蔡徐kun · 2026-06-16T13:34:37.000Z**: Excellent
- **瑞宇投资 · 2026-06-16T12:52:47.000Z**: What I earned in UnitedHealth, I lost in CRCL 🤭
  - **陆羽鸿渐** (2026-06-16T13:10:50.000Z): Then you're stronger than me. At that time, I was fighting on two fronts with CRCL and UnitedHealth, and both plummeted🌚
- **Stryxiaoli · 2026-06-16T12:08:19.000Z**: My account hit a new high on October 6th last year. Because I mainly held crypto stocks, I lost 50% in just half a year. It's really embarrassing and I'm quite stubborn. Storage semiconductor chips were so hot, but I never bought any, just watched them rise all the way. The crypto application stocks
  - **陆羽鸿渐** (2026-06-16T12:17:18.000Z): Same, I also lost a huge amount in the coin stock circle bmnr. Meme stocks were popular in 2024, and coin stocks became trendy again during the 2025 Trump election. But in the end, looking back, these
  - **慢牛也是牛** (2026-06-17T08:06:47.000Z): AMD has risen so much, why is it still losing money?
- **Shelleyoo · 2026-06-16T11:41:14.000Z**: I'd like to ask how everyone pays their taxes? For those in SanDisk Micron, I guess the tax bill won't be small next year, huh 😅
  - **陆羽鸿渐** (2026-06-16T11:51:33.000Z): It seems like there are tutorials on Douyin for personal income tax filing.
  - **Shelleyoo** (2026-06-16T12:17:20.000Z): Thanks😊
  - **陆羽鸿渐** (2026-06-16T12:21:28.000Z): Also, it seems that if you don't sell and realize profits before the end of each year, you don't need to report it. And some say small funds haven't been investigated yet, so they're all in a wait-and
- **只玩大盘做T · 2026-06-16T10:15:08.000Z**: 90% of people have been cut (lost money) by crcl. I got cut too.
  - **陆羽鸿渐** (2026-06-16T11:57:25.000Z): The same old IPO playbook really hurt me with CRCL. I haven't touched the subsequent hot replacements like Figma and CBRS (Cerebras Systems) since, not even SpaceX. The tuition paid in real money work
- **xxiaoli131 · 2026-06-16T05:48:39.000Z**: I also lost a lot of money on crcl
  - **陆羽鸿渐** (2026-06-16T06:41:00.000Z): Normal circles are usually stocks that make little profit but incur big losses. If you can't resist greed and chase them, you'll be in trouble.🌚
- **FreeBird2025 · 2026-06-16T04:35:05.000Z · 👍 2**: To put it bluntly, it's still luck, betting right on storage
  - **陆羽鸿渐** (2026-06-16T06:53:13.000Z): Relying solely on luck, I don't think I could have held on for half a year. After all, going from a 60% loss to a 143% profit required the account to increase sixfold🌚. However, I truly experienced t
- **第七种焰色 · 2026-06-16T02:47:04.000Z**: Has it been stored monotonically later?
  - **陆羽鸿渐** (2026-06-16T06:34:29.000Z): Well, since the end of last year
  - **第七种焰色** (2026-06-16T06:34:57.000Z): Awesome, caught the market trend.
- **Seven. · 2026-06-16T01:55:37.000Z**: Bro, you've lost over 400k, did you cut your losses? I joined Longbridge in July '24, bought Xiaomi's Hong Kong stock, and I'm still down 160k. Should I cut my losses and clear my position?
  - **陆羽鸿渐** (2026-06-16T02:01:54.000Z): Xiaomi doesn't get it ಠ_ಠ, I was chasing meme stocks like GameStop, the stablecoin Circle's IPO is a greater fool game to see who gets stuck holding the bag, UnitedHealth keeps falling due to policy r
  - **百胜喜湾** (2026-06-16T17:28:29.000Z): Is Marvell still worth looking at?
  - **陆羽鸿渐** (2026-06-16T22:17:50.000Z): Bullish, but it's risen quite a bit in the short term. For another big rally, we need to look at the earnings.
- **通天社 · 2026-06-16T01:52:14.000Z**: How can SanDisk's cost be negative? Is it by shorting first and then buying back?
  - **陆羽鸿渐** (2026-06-16T01:55:31.000Z): No, it's about averaging down the cost. I started playing with SanDisk when the stock price was over 300. I kept day trading and selling along the way. I sold so much at a low cost that only one share