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I find that I am really more sensitive to unrealized losses than unrealized gains… When I have unrealized gains, I just think “oh, it’s okay,” keep eating and watching dramas; once the account turns green, even if it’s not much, my mind automatically starts writing a little essay: Should I add more? Should I cut losses? Will it get worse the longer I drag it out? Then I toss and turn in the middle of the night, can't sleep, even though I haven't actually lost money, honestly it’s just my heart that’s lost first.
Maybe this is loss aversion, the joy of making money is short, but the anxiety of losing lasts a long time. Recently, I saw news about some region raising taxes and tightening regulations, then loosening again, causing expectations for deposits and withdrawals to shift. The string in my heart gets even more tense, it feels like I’m not watching the market, but watching “what if.”
So I’m now trying to keep a small position, one I can handle, and treat the rest as background noise… Never mind, I won’t talk about it for now. Anyway, tonight I plan to turn off the software and get a good night’s sleep.