The Coach's Stock Market Adventure

@Liuxuan: Let me summarize a string of experiences involving my coach:
Once upon a time, there was a massive bull market (around 2015). The whole nation was in a frenzy, and my coach was among them. If the stocks in your portfolio only went up 3-4%, that was something to be ashamed of, because everyone else's were hitting the +10% daily limit up.
He was full of hope every day, unwilling to even spend money on a bottle of water, eating entirely off his parents, saving every single penny to pump into the market—such a rare opportunity to cross social classes—unmissable! Very quickly, he made 800,000 yuan. For someone living on a salary, this was simply unimaginable.
Although he was making a lot of money then too, as the fitness craze was booming and people had money to spend—especially the wealthy, who were very willing to invest in fitness—the monthly membership at the famous chain gym where he worked cost 10,000 yuan.

But very quickly, the situation took a sharp turn for the worse—
Countless limit-down boards left people with no way to escape. You want out? You can't get out. Every day you open your eyes, it's another straight limit-down.
When he finally bit the bullet and sold off his positions, he had lost 300,000 yuan of his principal.

He swore: "I accept my loss! I won't repeat the same mistake!"

Time flew by to 2026, and he met a student, namely me, Liu Zixuan.
Because he saw my Weibo and Douyin were all about discussing stocks, he couldn't help but chat about it during our workout breaks. He—wanted—to—buy the dip!

He really did buy my dips.

He bought the dip on my "rare earth" stock and made 4,000;
Then he bought the dip on my "power grid" stock, gaining 6.9%...
Him: [hehe]
Me: [angry]

I was still in the red, while he was glowing red.

This guy fell into path dependence.
He: "Let me buy another dip! One more dip!"
I stopped him, "This one is trash! Absolute garbage!"
He said it's fine! Taking full responsibility for his own profits and losses!!
This stock was in the "import" business, and he went all in with a heavy position.

Now, on this stock, I'm down -2,880
He's down -5,000
Him: [questioning] ​​​
Me: [frowning]

He: "It's fine, I accept the gamble and the loss. It's a technical adjustment. This time it's different. I will wait patiently."
To this day, the profits from the rare earth and power grid stocks are completely gone too.
His account has turned green.
Him: [dumbfounded]

Now, every day I walk into the gym, my expression: [dumbfounded]
The coach's expression greeting me: [dumbfounded]
My expression while working out: [dumbfounded]
His expression while training me: [dumbfounded]
Our expressions while resting between sets: [dumbfounded][dumbfounded]

Today I was reminiscing again, "I once had a chemical stock that made 70,000, but I didn't cash out, and now it's all gone, in the red."
He sighed: "How much profit counts as making a profit..."
I couldn't help but ask: "Then why didn't you cash out when you made 800,000?"
He: "I thought I could make it to 1.8 million [hehe]"
Me: "Your gambling habit is too strong."
He: "The German team I bet on has already been eliminated."
Me: "Your gambling luck is just terrible."