
I didn't change positions these two days, another reason is that the earnings reports of other stocks I'm bullish on are coming soon, just in these few days. I don't want to suffer from this volatility again, lost money. Even if it's going bad, wait until after their earnings reports.
I posted about reducing positions or going short to avoid disaster a couple days ago, probably many didn't do it.
Because most people's mentality is to bet on a rebound.
I also wish if you guys really listened a bit that day and bought next year's.
Then there's still room to recover, if still gambling on the near term, then there's no way.
I haven't had time to watch the market recently. So just been playing dead here.
Then didn't expect it. Just kept this range, neither losing nor making money here. But look outside
These one or two days, the drops in these small stocks' options are basically all halved or more.
Sigh greed is fine, but don't go too near term. Including now, if I suggest still don't gamble into it, don't know what will happen later, right? Wait until the direction is clear before gambling on the near term.
I previously said to withdraw 5~10% of profits weekly or use that portion to buy ultra-long term. If really operated like that during the previous big rally, shouldn't have lost much money now.
Managing risk is the prerequisite for profits. If everyone goes to bet on doomsday, how many are really that lucky?
First fate, second luck, third feng shui. Those truly lucky will win anytime, no need to pick timing.
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