$FIL Friends who shorted, how much did you make?

Question

TheSongOfTheBees · Accepted Answer

Investing to make a profit is driven by personal desire; seeking divine favor is difficult to achieve, but having no intention can unexpectedly be beneficial.😄🙏

TheSongOfTheBees · Answer

Based on Liu Qiang and Livermore's root causes of failure, provide them with a path to liberation from a Buddhist perspective.

1. Hold the Diamond Sutra, realize that all appearances are false and illusory, break free from ego attachment and attachment to dharmas, and do not be trapped by wins, losses, or ingrained experiences.
2. Recite the Heart Sutra, understand that the five aggregates are empty, dispel fear and despair, and stay away from emotional upheavals.
3. Strictly observe trading precepts, avoid leverage and heavy positions; practice generosity often, transforming greed into altruism.
4. Focus the mind on Buddha’s name to gather the spirit, do not cling to the mind while doing things, remain unmoved by changing circumstances, and this is liberation. 😄🙏

TheSongOfTheBees · Answer

Investing, in the world of investment, which Buddhist scriptures are most effective and best suited to your innate nature and practice method?

Your kind of "karma-bound, strong ego attachment, mind fluctuating with gains and losses" innate nature is best suited and most capable of directly breaking free from entanglement with just three texts: "Heart Sutra," "Diamond Sutra," and "Guanyin Bodhisattva's Universal Gate Chapter"; plus a recitation of a Buddha name/Guanyin sacred name as a baseline. 😄🙏

TheSongOfTheBees · Answer

Help me condense and summarize the underlying reasons for Liu Qiang and Livermore’s failures.

**Core Summary**

1. **Shared root causes of Livermore and Liu Qiang**

Both were deeply trapped in speculative games of trading; they were fixated on the struggle of winning and losing, obsessed with market movement and past experience, and were firmly bound by greed, anger, and gain and loss. Although they understood trading and also explored the study of temperament/mind, they ultimately failed to completely break free from clinging to the self (ego). Their state of mind fluctuated violently with profits and losses, and in the end, their mental health collapsed and the outcome turned tragic.

2. **Each person’s individual triggers**

**Livermore:** He spent his whole life moving between short-term speculation, repeatedly experiencing rises and setbacks. He was never able to let go of the winning-and-losing of trading. Throughout his life, he was swept up by desire and emotions, and in his later years he concluded that his life had completely failed.

**Liu Qiang:** He had a mature trading system and an understanding informed by Buddhism, yet in extreme market conditions he broke his own principles and took on risky positions with heavy size. Coupled with an old illness—depression—after the market overturned his understanding, he fell into self-doubt and ultimately suffered a mental breakdown.

3. **The core warning**

Speculation in contract futures is similar to gambling, and it easily magnifies one’s inner demons. Clinging to the pursuit of profit, harboring wishful thinking, and losing the bottom line—these are the roots of financial loss and harm to the body, as well as the disintegration of one’s household and family affairs. 😊🙏

$FIL Friends who shorted, how much did you make?

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