Stock Market Frenzy
(This dream was recorded on 4 October 2004)
My dream took me to Shenzhen, China.
I was in Sichuan Securities, a stock brokerage house. It was very crowded and you could tell that the stock market was very flamboyant simply by the number of heads there.
I saw a lot of my old friends, amongst them were my childhood friends, college mates and general friends. Everyone was submitting purchase or sale orders to the counter so they could cash out their profit or buy in potential profit as soon as possible. However, I was just watching, wondering what the hell was causing this frantic madness in the share market.
A man stood out from the crowds as he was not one of the ‘action’ people. He was on his own and not placing any orders in. I recognised that it was Lao Bie, my alumnus in GuangZhou. He was a very good friend of my friend, and so became my friend as well. After graduation, he became a lecturer on Principles of Economics and International Trade for two years in the University where he studied.
I asked Lao Bie: 'It seems you are not sucked into this stock market madness. Isn’t it good time to buy? How can you stay so aloof while everyone else was busy making money?'
He told me that he had spent all his money in the stock market and now he lost all his original capital, which meant that he could not do anything even this was an once-in-a-lifetime opportunity.
Then I asked: 'But you are a lecturer on Economics. You are supposed to know everything about the market. You should know better than the rest of us.'
'You can learn a lot from books and grasp all the theories. But in reality, things rarely happen in the circumstances where you can apply the theories according to what you’ve learnt. No matter how much you’ve known, there is always more that you don’t know…'
posted by Passion @ 7:14 am
1 Comments:
This is what I think this dream is about:
My being in the stock market means I am a risk taker and don’t expect to make money in a secure and steady way.
Seeing all my old friends means I am aware that everyone else is in the same race as I. I am not the only one who wants to make money by taking risks. People’s busy submitting purchase and sale orders indicates that I somehow feel compelled to take the same action as others. In other words, pressure is there.
Lao Bie, the lecturer on economics but lost money in stock trading is actually my husband (or us as we are in this together as a team). Lao Bie’s being knowledgeable in theory but lost money in reality is a reflection of ourselves - my husband has been studying derivatives trading for several years now. He has studied theories, used several software packages to trade real money, being unhappy with all the systems he tried and now developing his own system and running enormous amount of testing on trading (paper money). We feel it is about time to launch a real life diving. This dream reflected my fear - fear that no matter how much homework we think we have done, we have to be prepared to lose it all as it is quite possible and by and large a matter of fact to enter into trading and come out with nothing.
However, despite losing all his capital, Lao Bie was still seen in the stock market as a non-action person and he was quite philosophical about the process he went through. This seems to indicate that we are aware of the risk and the journey. We have no illusions about this journey and we are determined to hang in there, no matter what happens.
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