Answer: Yes. Early success is often followed by failure.
Pattern:
👉 Initial success
👉 Later loss
History shows:
👉 This repeats
■ Essence
Success does not guarantee continuity.
Why Does Failure Follow Success?
Answer: Success changes behavior.
After success:
👉 Confidence increases
👉 Caution decreases
Behavior shifts:
👉 Larger investments
👉 Greater risk
■ Essence
Success alters decision-making.
Why Do Successful Methods Stop Working?
Answer: Markets constantly change.
Reality:
👉 Conditions evolve
👉 Strategies lose effectiveness
But investors think:
👉 “This always works.”
■ Essence
No method works forever.
Why Does Success Increase Risk?
Answer: Focus shifts from protection to expansion.
After gains:
👉 Desire for more increases
👉 Risk tolerance rises
Result:
👉 Larger exposure
■ Essence
Growth mindset replaces protection.
Are There Historical Examples?
Answer: Yes. Many.
Pattern:
👉 Large success
👉 Massive loss
Cause:
👉 Psychological change
■ Essence
Failure often follows unchecked success.
What Is Important in Investing?
Answer: Knowing when to step away.
Key idea:
👉 Realized profit = secured profit
Without exit:
👉 Gains remain uncertain
■ Essence
Exit timing defines success.
Why Is It Difficult to Leave?
Answer: Desire increases after success.
Typical thoughts:
👉 “I can earn more.”
👉 “This will continue.”
Result:
👉 Staying too long
■ Essence
Desire prevents exit.
● Conclusion
Answer: Success can lead to failure through psychological change.
Key drivers:
👉 Desire
👉 Overconfidence
👉 Behavioral shift
■ Essence
The most dangerous moment is after success.
👉 In essence, success in investing is not the end of risk—it is often the beginning of it.