At two o'clock in the morning, a new message: "Teacher, can I voice chat with you? I've blown up my account again..." Attached is a shocking screenshot of my account, with a principal of 430,000 reduced to just over 80,000.

I opened the video call and saw a pale-faced young man on the other end of the screen. "Why do I always lose money?"

I didn’t answer directly but shared my trading log system on the screen. "Look at this date," I pointed to the record from March 12, 2020, "a single-day loss of 1.8 million. That day I finished an entire pack of cigarettes."

"The reason for losing money is simple," I said calmly, "you are repeating my mistakes from back then: using living expenses to invest, blindly following others, pursuing quick riches, and ignoring risk management."

I sent him three documents. The first was the "Investment Psychology Test," which had only one question: "Can you accept a permanent loss of 50% of your principal?" The second was the "Investment Admission Standards," which required using idle funds for more than three years and not exceeding 20% of total assets. The third was the "Must-Read Book List," which listed 10 foundational books.

"From now on, read online for 2 hours every day," I said, "No trading is allowed for a month."

For the next 30 days, we read the "Bitcoin White Paper" together via video conference, analyzed blockchain principles, and reviewed past bull and bear market transitions. He gradually understood that he had been gambling before.

In the second month, I taught him to establish an electronic trading log. "Not only should you record operations, but also your emotional changes. Fear, greed, and luck... these are the real enemies."

The key turning point occurred in the third month. When the market suddenly plummeted, he instinctively wanted to cut losses, but I stopped him via video: "Remember our trading plan? It's time to execute the third contingency plan."

After adding positions in batches as required, the market indeed rebounded. That operation resulted in his account achieving a 31% profit for the first time in a single month, and more importantly, he conquered his inner fear.

Six months later, his account not only broke even but also achieved stable profits. But the greatest reward was the message he sent: "I finally understand that the prerequisite for stable profits is to first learn not to lose money."

What this market needs most is not the myth of getting rich quickly, but a sober understanding that can withstand bull and bear markets. And my mission is to help more people find this clarity through this network cable.

Before, I was stumbling around in the dark alone, now the light is in my hands.

The light is always on; will you follow? @币来财888