Seeing a seasoned trader also admit defeat, to be honest, it’s quite touching.

This market is really not a game—if you initially misjudge the market direction? That’s basically a dead end. Even more so, even if you judge the main trend correctly, when the market is about to reverse and you’re reluctant to exit, you’ll still suffer losses. What’s the biggest fear? After a series of failures, your mindset collapses, and you go all in with a heavy position hoping to turn things around, then it’s truly game over.

Honestly, trading is extremely challenging. When you see those so-called trading gurus talk about "garbage time theory," I think it’s purely survivor bias at work. Why? Because those who come out and speak are the very few winners who have survived in this market; they have solid capital, can withstand various trial-and-error costs, and keep on experimenting in the market.

This is exactly what I’ve always emphasized: others’ success models are fundamentally uncopyable. Whether you trade high-frequency or low-frequency, the group that ends up making money, their shared experience inherently carries a "survivor filter." What’s the truth? The vast majority of participants are losing money and are paying tuition to the market.

The market is brutal, but it’s also very real.