Teaching You to Trade Stocks 34: Better a Paramour Than a Bitter Man
2007/3/7 15:09:54
A paramour — a profession; a bitter man — a form of self-abuse. Paramours are common, bitter men even more so. Bitter men know no distinction of status, no relation to learning. Li Houzhu, ruler of a nation, achieved a generation of bitter lyrics with his "endless eastward flow of life's long regrets" — at least his bitterness had some color and flair. Wang, who considered the Last Ruler a kindred spirit across the ages, threw himself into that stagnant pool that could only breed long regrets rather than flow forever eastward. Compared to the countless bitter men later produced at Tsinghua Garden through their yin-yang imbalances, at least his bitterness made some waves. Whether Tsinghua men's poor reasoning ability — lost in mazes of logic and data — is related to this yin-yang imbalance need not be debated, but that Peking men are like paramours and Tsinghua men are like bitter men is an indisputable fact. Better paramours than bitter men — this is also where Peking University excels over Tsinghua. From the consumer's perspective, paramours are always far more lovable than bitter men. The most unlovable, of course, are the paramours among bitter men or the bitter men among paramours. Those two types of men near that remnant garden recording China's shame are just like the failed men in the stock market. The failed men in the stock market come in only two varieties: paramours and bitter men — naturally including the most unlovable intersection of both.
Paramours — consumed by stocks, toyed with by stocks, foolishly swayed between virility and impotence by stocks' seductions. Non-bitter paramours have one virtue: even when their vitality is nearly spent, they remain quite dedicated, going everywhere to find this tonic or that supplement, then continuing their silly, cheerful dedication. Bitter men come in two kinds: one is the used-up-by-being-paramours type, with only their mouths left in working order — either going off to be stock commentators peddling fake vitality, or gazing daily at the stock market mirror in narcissistic self-pity, or else spinning stories to achieve one more round of virile fantasy in the mirror of past dreams. The other kind are the ones making adult films, telling tall tales, being lackeys, doing video chats — in short, none capable of the real thing, all developmentally challenged creatures attempting to generate thrills through just their mouths and eyes. If you want thrills, do the real thing. Real weapons, real combat. Being perpetual free advertisers for medical equipment — what kind of life is that?
Whether paramour or bitter man, the greatest commonality is the love of being played. Once a certain paramour or bitter-man code is input, the program runs automatically. Such people are merely puppets, yet they actually enjoy it — truly one of the world's great oddities. Without breaking free of this puppet destiny controlled by various emotions, there can be no personhood. But what's even more terrifying is that many are deeply trapped and cannot extricate themselves, or even recognize their condition. Many people seal off their own path from the very beginning — it's a dead end from the start. For example, thinking themselves clever by treating the stock market as a casino — with gambling eyes viewing the market, however one plays it's still a gambling fate. Their destiny is determined by their initial so-called cleverness. "Hearing, seeing, learning, practicing" — with such hearing comes such seeing, then such learning, and finally such practice. Thus the stock market becomes the tomb of countless participants through their own self-gratifying fantasies.
Right hearing, right seeing, right learning, right practice — without these four "rights," achieving anything in the stock market is impossible. "Right" does not mean "correct" — so-called correctness is merely debate over words. Right means "right-this," means the present moment. Only the present moment is right-this, is this-ness. One must hear in the present, see in the present, learn in the present, practice in the present — only then is it right hearing, right seeing, right learning, right practice. And for the stock market, only the trend is in the present moment. Apart from the trend, nothing relates to the present. All "hearing, seeing, learning, and practicing" can only follow the trend — apart from this, everything is empty noise. Whatever doesn't accord with the present trend — even if God says it's correct — is useless. Therefore, upon entering the stock market, one must first cast off, dissolve all the emotions and genes of paramours and bitter men. How can this be accomplished? It too is inseparable from the present, inseparable from tempering in the present-moment trend. The present trend is everything. All the stock market's secrets are within it. These secrets are the great Way — without any concealment, treating everyone equally, manifestly and clearly displayed. What more are you searching for outside? Yet countless people still insist on playing the donkey-riding-while-searching-for-the-donkey game.
In the stock market, the size of your capital is fundamentally unimportant. Losses are measured by percentage. All money, regardless of where it grew from, at any given position has the same probability of reaching zero. This probability exists in the present moment — no person, at any time, can escape it. This is "invariant." The present trend is like a rapidly spinning blade of slaughter — anything moving against it is marked for the kill, while those aligned with it feast on the blood of the slain. That is to say, once your operations fall into a state contrary to the present trend, any continuation of that state means death. Once you enter this state, the only correct choice is to leave. Of course, trends are ever-changing and have levels. Any present moment doesn't necessarily mean changes by the second — it's determined by the operating level that your capital and tolerance permit. What has been consistently discussed regarding operating levels relates precisely to this. For example, if based on your capital and other factors you determine your operating level is 30-minute, then all possible movements at the 30-minute level are within your calculations. Once your existing operations run contrary to the actual present-moment 30-minute trend, it means you've entered a 30-minute-level slaughter machine. In this situation, there's only one choice: exit as quickly as possible.
Note: this is not a stop-loss — it's a beast-like reaction. The trend is like a forest, and beasts within it have an innate-like sense for danger. This danger perception always comes before the danger itself. And the beast's greater talent is that once the danger passes, new foraging begins. The past danger is past — there won't be any psychological shadow whatsoever, only an even more powerful awareness of danger. No trend should be feared. If you still feel fear or excitement toward any trend, you're still at the paramour/bitter-man level — continue tempering yourself in present-moment trends until all fear and excitement turn to ashes. Here, only right hearing, right seeing, right learning, and right practice are needed — not paramours and bitter men, even though paramours are a tiny bit more lovable.
Replies
缠中说禅 2007/3/7 15:16:36
[Anonymous] Leisurely
2007-03-07 15:13:15
In a+A+b+B+c, A and B are hubs?
Then are a+A+b and b+B+c also hubs???
=
The former is, the latter is not.
缠中说禅 2007/3/7 15:19:01
Sorry, I can't chat today. Must head out soon. If I'm back early tonight, we'll continue. Leave any questions.
Logging off. Bye.
缠中说禅 2007/3/7 15:12:14
Nothing much to say about the market. Upper and lower sessions oscillated below 2,888 and 2,915 respectively — very standard. Note: don't come here treating this ID as a stock commentator. Currently the goal is to guide everyone in developing their own present-moment judgment based on current conditions. If you're genuinely committed to learning, today's intraday comprehensive relationships between 1, 5, 15, 30, 60-minute and other levels, along with the corresponding judgments, will give you the most direct feel — this is the real skill.
As long as the market doesn't firmly establish above 2,915, ultimately forming a third-type buy point, the hub below remains inescapable. Put simply, the market currently has only two consolidation modes: one is to pull back from around 2,915, possibly even breaking the bottom to form a zigzag pattern; the other is to first reach 3,000, then pull back to form a platform pattern. No need to consider these — you'll know in the present moment.