Really ? Then you are not playing big enough!!
If you don't have that kind of feeling, it just means two things, (1) you buy stocks just to develop some conversations with peers to make you look like “in the know”, (2) YOU JUST DIDN'T BUY BIG ENOUGH! Seriously, all seasoned investors (I mean both amateur or professional) all should have encountered this before. Why I didn't sell earlier (to cut losses) or later (could have profited more)? We are all governed by emotions. If we are on the high, we will just wait out to the maximum and then sell to probably get to scrap the top of the cream. If I just lost $10K, and I need this money to pay for my rental in the coming week, I profit $300 and I would scamper away.
Needless to say, most of us would have fallen for the TESLA trap and now the NVIDIA one. When they were $800 and $190 just few months ago respectively, I had scampered away after $40-$50 profit each share. Who would not then? If you didn't, then you are probably the two categories I mentioned above. It pained me so much each time during the pre-market to see “ TSLA and NVDA rose by 6-10%” each time because I DON'T HAVE A SINGLE SHARE IN IT BUT I DID PREVIOUSLY!
So I can only comfort myself that I still have some MICRON and IBM elsewhere pending to shoot to the moon!
Investment is like this. You lost some here; you better wake up your idea to earn more somewhere else. Nett Nett you are still be in positive position. Else, it is a really a painful experience and encounter. Especially when Xmas is coming, you are supposed to have money to buy Xmas gift but stuck in some paper loss in Paypal and Moderna etc… sobz…
“Can you kids hold on for another year first to get your Xmas gift when Paypal and Moderna recover? You will get 2 gifts then. Sorry!”
Play within your means. That is how I consoled myself. Lose, never mind, just don't lose your mind and spirit. Miss the boat, try the other boat beside it!
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Micron Technology (MU.US)$ $IBM Corp (IBM.US)$
Needless to say, most of us would have fallen for the TESLA trap and now the NVIDIA one. When they were $800 and $190 just few months ago respectively, I had scampered away after $40-$50 profit each share. Who would not then? If you didn't, then you are probably the two categories I mentioned above. It pained me so much each time during the pre-market to see “ TSLA and NVDA rose by 6-10%” each time because I DON'T HAVE A SINGLE SHARE IN IT BUT I DID PREVIOUSLY!
So I can only comfort myself that I still have some MICRON and IBM elsewhere pending to shoot to the moon!
Investment is like this. You lost some here; you better wake up your idea to earn more somewhere else. Nett Nett you are still be in positive position. Else, it is a really a painful experience and encounter. Especially when Xmas is coming, you are supposed to have money to buy Xmas gift but stuck in some paper loss in Paypal and Moderna etc… sobz…
“Can you kids hold on for another year first to get your Xmas gift when Paypal and Moderna recover? You will get 2 gifts then. Sorry!”
Play within your means. That is how I consoled myself. Lose, never mind, just don't lose your mind and spirit. Miss the boat, try the other boat beside it!
$Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $Micron Technology (MU.US)$ $IBM Corp (IBM.US)$
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PARTYRAAB1776 : really anything that helps "The Green New Deal" in the stock is gonna soar... but what happens when the manipulation by central bank gets rejected like it is now?
GoldenGold : It’s best not to be immersed in regret and pain. You can learn from experience and grasp future investment opportunities.
Powerhouse OP PARTYRAAB1776 : We are just too small to effect anything. Go with the swim.
orangejus : If you trade on fundamentals you will sleep more easily. Sure, profit is less and slower to come by, but you won’t be always playing the FOMO game.
Powerhouse OP : Agreed. I hope to have greater strength to exercise my patience. Too weak In this area. Emotions overcAme Logical fUndamentals.