[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.51021559 [View]
File: 106 KB, 900x890, 1648127883131.jpg [View same] [iqdb] [saucenao] [google]
51021559

how do I fix my lack of conviction in following up on hunches?
just went through my browsing history to see at what date I made some DD into BBBY, FAZE, REV, SIGA, ZIM etc - the list pretty much goes on to Nikola premerger, multiple potential 2x-10x
sometimes I looked at a stock the day before the real rally began, but decided that I was either already too late (after prerally of 30-40%) or that the market momentum wasnt favourable at that time or for some other arbitrary rationalization for not acting
I bought GME at $8, but sold early at $40, which I think left a mental scar that is now fucking with my profit taking
advice like "just open a small position when getting a hunch" seems deceptively easy, but makes you end up with potentially dozens of stocks at a time that you now need to stay updated on constantly, setting stop losses, exit prices, tracking news+socials - i.e. a chore
ideally I'd need a team of traders that I supply with leads who then manage my positions for me, or maybe use some trading bot that at least adjusts limit sells dynamically

Navigation
View posts[+24][+48][+96]