おねご
wrote a post · Dec 10 07:52
Suddenly changed dramatically 🤯
Last night was a day of quite a sharp decline. Overall, there was a decline, but particularly $Applovin (APP.US)$ stands out the most. It was dropping in after-hours trading due to not being selected for S&P 500, and when the market opened, it dropped even further. I had just taken a significant blow because I had opened a position on Friday. Since my overall stock holdings were declining and I suffered a significant loss on the app, I decided to reduce my positions in all stocks to less than half as a way of applying the brakes. With this, the position size has now become half of the capital. $Tesla (TSLA.US)$ Some stocks were not dropping at all, so it might have been a good idea not to touch them. It may seem like excessive trading, but I was quite shaken by yesterday's market movements, so I had no choice but to readjust my positions. It's like hitting a wall while driving a car; it would be absurd to continue driving without stopping, so it's like applying the brakes. Some people may not be affected by yesterday's crash, and those individuals may be fine holding or buying more, but I am not one of those people. This is a failure story that I really didn't want to highlight, but I have decided to properly share it, so I wrote an article about it.
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mameko3110 : Yesterday, there were many adjustments and declines in the stocks that have been performing well recently, right?
I also feel a bit uneasy, but let's believe and work hard.
I apologize for acting so arrogant.
fujikenner : Well, it's probably just normal to take profit before CPI and FOMC. The current market is volatile, so you'll end up losing if you buy and sell. Let's just wait casually on a monthly basis.
182350045 : I took profits from a 200% rise yesterday. If it continues to drop to 40-50, I plan to invest many times more than the previous amount. I can't wait. Rather, keep dropping.
おねご OP mameko3110 : Thank you. Let's both do our best...!
おねご OP fujikenner : I've been told that concentrating investment will lose to volatility, so I'm starting to feel that concentrated investment is not suitable for me in November.
おねご OP 182350045 : Is it three times as much? Amazing.