I may have to admit defeat! 🏳️🏳️
Not asking for advice. I may have to admit defeat after knowing that there is a compound decay in this ticker.![]()
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No is not that I got scammed into the stock.![]()
It is a misunderstanding that got me into the stock. ![]()
Till then all I can do now is grief and wait for a rebound. 🤞
Monday may not sound rosy either as there is a risk of a selldown from Buffett's sale of $Apple (AAPL.US)$ weeks ago.
When the news comes out it is to make a play for retailers to sell more.![]()
The Market is a brutal place. ![]()
I am only human. Human makes mistakes ![]()
. We have to solve our mistakes and make amend instead of crying over it. ![]()
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This is not a recommendation to sell the share. Make your own moves. ![]()
I am just sharing my naked truth. ![]()
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The only lesson here is that this is a trading stock![]()
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. Not a buy and hold stock. ![]()
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Stay strong! ![]()
Fight on! ![]()
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I am sure there is a light at the end of the tunnel.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Casual social trader and investor. Love to read charts for trade and love to read financial report to invest.
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HardPrayer : stay strong. I'm going to exit my apple also since warrent buffet is exit before I take another loss
Aaron Invests (AI) OP HardPrayer : Thank you having a hard prayer right now to make the right decision. Your comments really meant to me.
InfiltradeR : Capital preservation is key in times of uncertainty. You'll be back stronger.
104238715 : what do you exactly mean that you just found out about the compound decay? would like to know if there is a difference from my own understanding.
Aaron Invests (AI) OP 104238715 : @InfiltradeR post described it.
CasualInvestor : My advise if the stock is worth it to hold and go long. But if it’s trash and you bought on a whim better to sell and go for better. Same advise to stop loss and profit take. But even I don’t follow that for my $NVIDIA (NVDA.US)$ . I’m gonna hold it till it jumps back Come What May. I believe in Brother Huang.
CasualInvestor : Also I recently heard people bought this instead of actual $NVIDIA (NVDA.US)$ stocks. What’s the difference and why did you get this instead of the actual stock. Do explain to a fellow casual investor
Aaron Invests (AI) OP CasualInvestor : I believe in him too. Only problem with NVDL vs NVDA. I would hold NVDA instead of NVDL. Cutting loss to prevent more daily compound delay over time. Did not know about this until experimented out of greed.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Aaron Invests (AI) OP CasualInvestor : etf.com/section... Link to explanation.
Summary of explaination. If you bought the ETF at $100 the share goes down by 10% you go down by 20% the value which is at $80,if share rises by 10% it will go up by 20% you get $96 instead of $99 that is a $3 decay right there. The longer you hold it will start compounding daily and the value of the leveraged ETF may go to 0.
CasualInvestor Aaron Invests (AI) OP : I like the part when you say if main stock goes up by 10% it goes up by 20%. Then you say the ETF gets to 0 after some time
. I’m like ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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