koolgal
09-20
🌟🌟🌟Every investor goes through an emotional roller coaster when it comes to trading.

The Optimist says Hold.  This is just the beginning.  Diamond hands baby!

The Realist says I am up 40%. That is a Win.  Take profits.

The Gremlin says If I sell now, it will 10x tomorrow.  If I hold it will tank.  Choose your pain.

Somehow the Gremlin wins.

So what keeps us from profiting?  It is not lack of skill.  It is hope, ego and the seductive whisper of "just a little more."

How to handle emotional trading?

I like to buy Index ETFs, forget my password and let time do the heavy lifting  while I live my best life.

Then one day I recover my password, peek inside my account and boom:  What?  I am up 300%?  It is the closest thing to financial amnesia but with a happy ending.

That is how I like to invest.  It is time in the market that counts, not timing the market.

@Tiger_comments @TigerStars @CaptainTiger @TigerClub

[Event] What Keeps You From Profit?
We all know that sweet feeling of a trade going our way but somehow, taking profits can feel almost impossible. Why is that? Answer: want more profits! Are these scenarios also happening to you? β€œWhen I want to take profit, I hear a voice: it will go 10x. Then it turns red.” What keeps you from taking profits? Do you chase β€œ10x” opportunities, or do you have a system to lock in gains? Ever regret selling too early or too late?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Ah_Meng
    09-21
    Ah_Meng
    Ah… typical coffee can investment mentality [Strong]
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