The year of the financial crisis, I was still in college. To understand what those complex financial derivatives were all about, I pulled out textbooks on futures and options and studied them myself. Later, I actually interned at a futures company. At that time, rebar futures had just been launched, and the company assigned me to sit in the steel market to explain to traders how to use futures. During my free time, I also took on part-time work selling phone recharge cards.
After a few months, I realized that deep down, I still aligned more with Buffett's approach—choosing good companies to hold long-term, rather than wasting time in high-leverage games like futures. So I resigned. But I’ve always kept an eye on various futures products. To be honest, I keep a distance because I know how exaggerated the risks involved can be.
In the past month, with nothing to do and feeling bored, I suddenly thought of futures again, so I casually tried a small strategy to test the waters. Honestly, that thrill does come quickly, and I did make some profit. But the problem is, my mindset started to waver again, and my discipline in execution became sluggish. No matter how much money I make, if it causes me to feel anxious and restless every few days, affecting my work and life, it’s not worth it.
In the end, I decided to stop. Some things just aren’t my cup of tea. Recognizing that is actually a kind of growth.
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GateUser-bd883c58
· 01-12 09:30
Oh, this is self-awareness. Knowing your own capabilities is the most important.
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DiamondHands
· 01-12 09:27
This brother speaks very honestly, self-awareness is truly valuable
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Basically, knowing your own strength and limitations is clearer than most people
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That experience with rebar was hilarious, selling phone recharge cards part-time haha, that’s real experience
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Futures are addictive poison, making money quickly and losing it just as fast, knowing when to stop is the real winner
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Warren Buffett style vs. futures gambler style, the choice itself determines the life path
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Being anxious and disturbed affects life, that really hits me, right?
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Bored and curious, trying futures trading, I’m not as honest as you haha
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Watching from afar without getting involved, that’s the greatest respect for futures
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Realizing that it’s not your thing is harder than making money, thumbs up
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HashRateHustler
· 01-09 10:01
This guy really knows his stuff. Playing it yourself makes you realize you're not cut out for it, much smarter than those who force themselves into trading.
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Warren Buffett's approach is definitely more stable. Long-term holding earns the company's money, while futures only make others lose money.
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Bored and went to play futures, this mindset was lost from the start.
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I'm a bit curious, was selling phone recharge cards back then real or just a joke haha.
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Recognizing that you're not suitable for something is more valuable than making money.
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A wavering mindset is a signal; you need to cut your losses immediately.
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The recent rally in rebar was crazy. Watching others make money really hurts.
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Observing from afar without jumping in—that's true self-discipline.
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Futures are really like hot potato; once it reaches you, it's over.
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ContractCollector
· 01-09 09:59
This guy is a smart person, knows his limits and stops, much more clear-headed than those naive investors dreaming of getting rich overnight.
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AirdropHuntress
· 01-09 09:57
This guy knows his stuff. Futures trading indeed looks like quick money and easy to get hooked on.
That being said, in high-leverage games, nine out of ten are just newbies. Data shows that accounts that trade frequently have annualized returns that are actually less than half of those who invest steadily.
Recognizing your own risk tolerance is truly a form of growth.
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StillBuyingTheDip
· 01-09 09:49
**Comment 1:**
Knowing what you truly like deep down is more valuable than how much money you make.
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**Comment 2:**
That's why most people end up repeatedly getting liquidated in futures trading. Knowing when to stop is key, and only a few can truly walk away.
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**Comment 3:**
That experience with rebar steel is a textbook case—selling phone recharge cards to become a futures instructor, hilarious.
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**Comment 4:**
The wavering mindset really hit home—leverage amplifies not just gains but also your inner anxiety.
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**Comment 5:**
Warren Buffett's approach is indeed more suitable for most people; futures should be left to those who can truly hold their mindset.
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**Comment 6:**
The last sentence is brilliant—recognizing that you're not a '菜' (novice), but rather wisdom itself.
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**Comment 7:**
Trying out a small strategy and then wavering—this mindset still needs a lot of tempering.
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GovernancePretender
· 01-09 09:44
This is true self-awareness, unlike some people who are still stubbornly pursuing the dream of high leverage.
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AirdropHustler
· 01-09 09:32
The part about selling phone credits was hilarious, haha, this is life.
This guy knows when to stop, much more rational than those who go all-in.
Futures are just poison, they are addictive even when you make money.
Recognizing that you're not suitable for it is really difficult, you need the resolve to break up.
Warren Buffett's approach is steady; futures are not suitable for someone like me who is greedy.
This mindset issue is spot on, if you lose money you can make it back, but if your mentality collapses, you lose everything.
I've also been through the part about rebar steel, in the end I still ran away, staying alive is the most important.
The year of the financial crisis, I was still in college. To understand what those complex financial derivatives were all about, I pulled out textbooks on futures and options and studied them myself. Later, I actually interned at a futures company. At that time, rebar futures had just been launched, and the company assigned me to sit in the steel market to explain to traders how to use futures. During my free time, I also took on part-time work selling phone recharge cards.
After a few months, I realized that deep down, I still aligned more with Buffett's approach—choosing good companies to hold long-term, rather than wasting time in high-leverage games like futures. So I resigned. But I’ve always kept an eye on various futures products. To be honest, I keep a distance because I know how exaggerated the risks involved can be.
In the past month, with nothing to do and feeling bored, I suddenly thought of futures again, so I casually tried a small strategy to test the waters. Honestly, that thrill does come quickly, and I did make some profit. But the problem is, my mindset started to waver again, and my discipline in execution became sluggish. No matter how much money I make, if it causes me to feel anxious and restless every few days, affecting my work and life, it’s not worth it.
In the end, I decided to stop. Some things just aren’t my cup of tea. Recognizing that is actually a kind of growth.