I Am Kancheong Spiders: The Art of Panic Trading
My Tiger Brokers username is spiders. And just like a spider scuttling across the floor when someone turns on the lights, I trade stocks with pure kancheong energy.
When I buy a stock and see the price dip, my survival instincts kick in. I panic. I quickly set a limit sell price—just a teeny, tiny bit above breakeven—because profit is profit, right? This has happened many, many times.
Some recent kancheong trades:
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Bought APA at $20.82, sold at $20.97
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Bought CRI at $51.16, sold at $51.46
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Bought AES at $10.08, sold at $10.14
Big wins? Seldom. Case in point: I bought SOXS at $17.87 and sold at $17.98. Felt smart for taking a quick profit. Then I checked later—SOXS had shot up to $22.86. I could’ve made way more… if only my kancheong spider brain didn't freak out.
Direxion Daily Semiconductors Bear 3x Shares (SOXS)
But hey, being a kancheong spider isn’t always bad! Take SOXL, for example. I bought it at $26.18 and sold on the same day at $26.32. On Friday? It’s chilling at $22.73. If I had held on, I’d be holding onto an unrealized loss instead.
Direxion Daily Semiconductors Bull 3x Shares (SOXL)
Small Wins, Big Picture
At first glance, my trading style looks like a squirrel hoarding crumbs instead of feasting on a buffet. But over time, all these small profits stack up, and I do end up making money—just in the most kancheong way possible.
Of course, there are exceptions. There are four stocks I’m zen about:
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OXY, RC, TLH, and TLT For these, I don’t panic. I buy, I hold, I sit back. Maybe my kancheong spider instincts know that some webs are worth staying on.
So, am I a legendary investor? No.
Am I a kancheong spider who panics, takes tiny profits, and sometimes regrets it? 100%. But hey, at least I sleep better at night.
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.
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