So I jumped on, not because I had done deep analysis. Not because I understood the long term risks but simply because I was afraid of being left behind.
That is FOMO, the Fear of Missing Out.
At first, it felt that I made the right call. The stock kept climbing but then came the cracks. Demand normalised, labour controversies surfaced and the market turned. The price kept falling and falling.
Looking back I realised I wasn't investing. I was reacting. I let the crowd excitement become my conviction. I confused momentum with safety.
Top Glove wasn't just a bad trade. It showed me how easily emotion can masquerade as insight. That is a lesson I carry with me into every investment decision now.
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.
- breAkdaWnΒ·06-22TOPthis is great sharing. can relate to it!1Report
- ChenJing4826Β·06-22TOPWill you ever exit the position?1Report
- zumaΒ·06-22thx1Report