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$FIL Speculative desire for profit is a selfish act; seeking divine favor is difficult to achieve, but having no intention can unexpectedly be beneficial.😄🙏
一切众生未解脱者，性识无定，恶习结业，善习结果，为善为恶，逐境而生，轮转五道，暂无休息，动经尘劫，迷惑障难，如鱼游网，将是长流，脱入暂出，又复遭网。——《地藏经》😄🙏 😄🙏
1. Hold the Diamond Sutra, realize all phenomena are empty and illusory, break attachment to self and dharma, and avoid being trapped by wins, losses, and 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, stay away from 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 that is liberation. 😄🙏
1. Common roots of Livermore and Liu Qiang
Deeply immersed in speculative gambling, obsessed with winning and losing, fixated on market trends and past experiences, bound tightly by greed and anger over gains and losses, and market fluctuations; although knowledgeable about trading and also studying psychology, they failed to completely eliminate their ego attachment. Their mindsets fluctuated violently with profits and losses, ultimately leading to mental collapse and tragedy.
2. Individual triggers for each
Livermore: Lifelong involvement in short-term speculation, repeatedly rising and falling, never letting go of trading wins and losses, always driven by desire and emotion, and in old age, he believed his life was a complete failure.
Liu Qiang: Possessed a mature trading system and Buddhist understanding, but broke his own principles during extreme market conditions, heavily risking his positions; compounded by old depression, after market upheaval shattered his cognition, he fell into self-doubt and mental breakdown.
3. Core warning
Futures and derivatives speculation is akin to gambling, easily amplifying inner demons; obsession with profit, wishful thinking, and losing bottom-line discipline are the roots of financial loss, injury, and family disintegration. 😊🙏