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Keep studying diligently every day and strive for progress toward excellence. Start memorizing stock tickers and their English full names, as well as the corresponding Chinese names and the more granular sub-sectors. After I’ve memorized all of that, I’ll then go deeper into each company’s operating situation and financial reports. In a little while, for me, the US stock market will feel as effortless to trade as crypto—like it’s something I can pick up with ease.
Finance is, in essence, the same across the board. The only difference is that the basic knowledge must be relearned and rebuilt from scratch, and I don’t know when I’ll get the chance to trade A-shares. A lot of the momentum comes from factors that act as catalysts.
In the crypto space, many coins don’t even have Chinese names—they’re named by the people in the space themselves, which creates barriers to communication. For example, earlier someone said there was “bi—” and “jitou,” and I didn’t know what that meant. I only remembered the English abbreviation and the project’s full name. Later, I found out it’s JTO—the project’s full name is JITO Labs.
These next few days will be a bit tough. Before the students arrive at the office, I need to study more—I can’t afford to be lazy anymore. Otherwise, once they come, I won’t be able to focus and charge up while learning. Just now, I was asking Sun Peng whether he’s coming to Chongqing again; he said yes. I told him, “If you come, the price of the big pancake will have to drop.” But my short position has already been opened. At the same time, I closed out part of it, set the take-profit and stop-loss, and then I can start learning with peace of mind.