Stock Live Trading P146: Divine Punishment

Even the most brilliant strategy can have oversights during execution.

I was certain Novo Nordisk would definitely fall, yet I couldn't control my hands, wanting to scalp for price differences, and ended up getting completely trapped.

I was certain the broader market would definitely rebound overnight. But I saw it surge to nearly 601 and then drop back to 600. I thought about it and decided to scalp at 600, but then it surged to 603.

I calculated that after surging to $603, it would pull back. But at that moment, not only did I not short, I also went all-in on Amazon options because I got carried away. Actually, the win rate for Amazon options is extremely low because it was already the expiration day; market makers wouldn't be so kind as to let the $205 options become in-the-money. But in that crazy situation at the time, I had already lost nearly $10,000, so I took all my remaining money to buy Amazon options.

Then I forced myself to sleep. It was 2 a.m., and I slept until 2 p.m. At 2 p.m., I got up to check the situation. First, the broader market was at 601. My immediate thought was that my 599 options were worthless. Second, Amazon was at 205. I wondered if I had made a killing on Amazon, but then I saw my Amazon options were all liquidated for 6 cents. As for the Nasdaq put options, they were liquidated for 50 cents. I lost money, but not everything.

Why didn't I execute my strategy at the time? If I had used the $5,000 I spent on Amazon to buy 599 put options, $5,000 would have become $15,000. According to my trading strategy, that's how it should have been. But I went against my own trading strategy to buy Amazon, to buy a lottery ticket destined not to pay out. How foolish I was!

When fortune favors, heaven and earth lend their strength; when luck departs, even heroes are not free. I am the hero whose luck has departed. I bought Amazon at $0.37, which was its peak at that time. It briefly surged to $0.4 for just a minute, not even covering the commission, so of course I wouldn't close the position. Then it fell and never broke my cost line again. Including the QQQ calls I bought earlier, I violated my trading strategy by jumping in early because it was stuck in a sideways range, and I wanted to scalp. But after I bought in, it stopped moving sideways and rapidly declined, not giving me a chance to scalp. Conversely, when I wanted to execute my trading strategy, it kept grinding sideways, where scalping could have made a lot of money, even enough to recover the cost. But as soon as I placed an order, it stopped moving sideways. I think this is probably quantum entanglement, and also a warning from heaven not to try to catch every single fluctuation. I've already told you the password to guaranteed wins: follow your strategy strictly and you can make money. If you violate your own strategy, you will be punished by heaven.

For these five years, I've been fighting against heaven. I insisted on trying to earn every penny from the market. I kept thinking of strategies, kept devising new methods, and in the end, every single one led to ruin. But didn't I say it myself? A thousand tricks, ten thousand tricks, in the end, there's only one trick. Weren't all the main sectors from yesterday up? Whether it was Be, Albemarle, or precious metals, they were all up. Defense stocks didn't fall much either. Why was I still fixated on those old, declining stocks? Why couldn't I break the psychological curse? I had already made tens of dollars on Novo Nordisk; I should have taken profits and left. Why wouldn't I leave? Isn't this my own stupidity? I knew it might fall. A one-way trip with no return, yet I still let myself get trapped. Isn't this completely irresponsible to myself?

Now I only have $50,000 left, from $2.55 million to $50,000. I used over a hundred different methods, bought hundreds of stocks, and this is the final outcome. I believe I've worked harder than anyone, studied more than anyone, calculated more than anyone, worried more than anyone, yet my fate is the most tragic. Who can seize fate by the throat? Who can fight against heaven? From now on, I'll be completely obedient. I'll honestly be the tool of my own strategy. I won't act recklessly anymore.