"Joint Letter to the Market from All Retail Investors Regarding Deregistration and Account Closure" – To the Princess, to the Lord

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Abstract generation in progress

Weekend hot money sentiment remains high, so I’ll join in!
We, the 200 million retail investors in the A-share market who once carried dreams and real money, hereby officially declare: unconditional surrender. We once believed that we could navigate the cycles of bull and bear markets to achieve financial freedom. However, time has flown by, and we’ve realized that the numbers in our accounts haven’t grown over time—in fact, our mental state has already free-fallen, plunging into an endless abyss.
Looking back, we sincerely believed in value investing, studying financial reports day and night, reciting research notes, worshiping Buffett, dreaming of becoming friends with time. We tried to find the broad road to wealth in market fluctuations. Yet, although time did not disappoint us, the merciless market volatility turned us into “value投乞丐” (value investing beggars). Our accounts shrink year after year, leaving only the mental victory method, still stubbornly climbing upward. We once thought that holding long-term would see the dawn of victory. We dreamed of, like successful investors, patiently waiting to harvest abundant returns. But reality is cruel—our patience and persistence only brought continuous losses and shrinking accounts.
We also once obsessed over technical analysis—drawing lines, watching volume, monitoring minute charts, hitting the boards, counting leaders, memorizing mnemonics—trying to decipher the mysterious secrets within K-line fluctuations. Yet, in the face of millisecond-level quantitative trading harvests, moving averages became a joke, indicators illusions, hitting the boards a charge into battle, pullbacks like cliff dives—ultimately, we became the most loyal cannon fodder in the era of computing power. We once believed technical analysis could let us see market trends and predict stock movements. We learned countless technical indicators, trying to find the best buy and sell points every trading day. But the market repeatedly proved that technical analysis is not a universal key; it cannot resist market forces beyond technical factors.
Later, we even abandoned rationality and embraced mysticism. We traded zodiac signs, homophones, maps, names, even the chairman’s facial features—praying to gods, consulting the almanac—trying to find a glimmer of hope in absurdity. Yet, the market repeatedly told us with brutal reality: you think you’re investing, but you’re just changing your posture to get beaten. We once fantasized that through unconventional methods, we could catch market pulses and find overlooked investment opportunities. We tried all kinds of approaches—from the most superstitious to the most absurd—but ultimately, all these attempts ended in failure.
At this point, we finally realized: this is a market that stirs emotions when discussing logic, discusses regulation when talking about emotions, kills high targets when talking about themes, and markets that have fallen for three years when talking about value. The only constant is retail investors’ steady losses. You have capital advantages, channel advantages, information advantages, computing power advantages; while we only have passion, red eyes, irregular meals, and seasonal anxiety. Our principal isn’t blown in the wind, yet it always disappears like wind in K-line charts; our hair is already sparse, yet it’s still being plucked into extinction by green screens.
Therefore, from today, we officially declare:
First, all clear out. Whether it’s illusions of profit or harsh reality of loss, hit the button and never look back. We will no longer cling to stocks that once excited or hurt us, nor to those K-lines that once filled us with hope or despair.
Second, uninstall the apps. Goodbye to Tonghuashun, Eastmoney, Tongdaxin—cut ties forever, never to meet again. We no longer need these tools to remind us of market brutality and our helplessness; we will sever our connection with the market and seek peace of mind.
Third, delist and close accounts. Unbind bank cards, cancel accounts, and draw a clear line from red and green K-lines. No more heartbeat for the market, no more insomnia over bidding. We will no longer let market sentiment sway our emotions, nor let market fluctuations affect our lives.
May the main players, hot money, and quantitative institutions, in the empty trading halls without retail investors, compete, fight among machines, entertain themselves. We will wash our hands of it, return to the mundane. Go to work, sleep, spend time with family, live a normal life where accounts don’t plunge and emotions don’t explode. We choose to leave this uncertain and risky market, returning to a more stable and predictable life.
From now on, K-line is K-line, life is life. Mountains high, waters long, the Jianghu (worldly arena) is gone. A-share, this time, you’ve gone too far. We will no longer tie our lives to stock market fluctuations; we will redefine our happiness and success.
In this resignation letter, retail investors use heartfelt words to depict their struggles and helplessness in the A-share market. Their stories are a microcosm of countless ordinary investors, reflecting the powerlessness of the weak in the tide of capital. They once entered the market full of hope but gradually lost direction amid waves of volatility, ultimately choosing to exit.
This letter is not only a farewell from retail investors to the market but also a questioning of market rules. It exposes unfair phenomena in the market and the fragility of retail investors facing information asymmetry and complex trading mechanisms. Their collective action, while unable to change the overall market, reflects their dissatisfaction with the status quo and desire for change.
The market is like a battlefield, and retail investors seem always at a disadvantage in this war. Their passion and persistence have ultimately been exchanged for disappointment and helplessness. Yet, their stories also remind us that investing requires caution, and markets carry risks. On the road to wealth freedom, we should stay alert, analyze rationally, and avoid becoming the next “value投乞丐” or “cannon fodder.”
Behind this resignation letter lies retail investors’ hopes for the future and longing for life. They yearn to break free from market constraints, return to genuine life, and enjoy happiness not measured by money. This resignation letter is not only their final farewell to the market but also a warm welcome to a new life.

The above is copied and shared from the internet, unrelated to me.

But a market,
The biggest earners are GJD…
Market manipulation,
And they call it…
Such a shameful display…
Keep doing… keep doing…

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