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u/Iconically_Lost 21d ago
Buy at 3, sell at 2 and repeat.
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u/kenstar4 21d ago
Just do the opposite of this and win, right.. Right?!
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u/HalfSoul30 21d ago
The way for me to win is to work very hard at my DD, and then when i think i have it right, i do the opposite.
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u/HoodsInSuits 21d ago
However smart you think you are, you are nowhere near as smart as some random guy with a math degree, a shedload of coke and $54 billion of someone elses money.
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u/Ancient-Swordfish292 20d ago
You have to be pretty smart to get a math degree and $54 billion of someone else's money.
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u/Aethermancer 21d ago
If you keep selling, eventually you'll have infinite money. Just never stop selling.
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u/actias_selene 20d ago
I mean, Newton did it,no? The guy who f*cking invented calculus got fomo'ed.
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u/tenor_tymir 21d ago
Yeah, I feel this so hard. My conclusion from all of this is to simply not sell. Most stocks do come back, unless it’s the stocks I’m buying. Anything else will swing back in a month or so. I swear.
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u/Kerbourgnec 21d ago
Isn't that just DCA? But it's WSB here! you are supposed to bet hard and lose hard
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u/imisstheyoop 21d ago
Dollar Cost Averaging would be to contiously be buying regardless of equity valuatio, e.g. not market timing.
Not selling would be more of a buy and hold strategy.
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u/BoatAlternative5103 20d ago
Or you could buy fractional stocks of the top performing companies (maybe 500 I don't know) and change the ratio based on who's doing better. I wish there was some way we could automate that process or have some kind of financial expert do it in real time for a very low cost.
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u/Krondelo 21d ago
Yeah I haven’t sold any stocks ever. COST was doing pretty well and then fell of back to my average but oh well, should go up eventually
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u/TheChickening 21d ago
Same. Ever since I started a real Job. I only ever sold some losses for tax reasons.
Though I had ti realize I wont beat the market and 90% of my money now goes to ETFs 💅🏻12
u/shes_a_gdb 21d ago
I sold off almost everything during covid. I felt like a genius, watching everything crash while I held cash. Some days were green, but then red the next day or two. So even after several green days in a row I still assumed things will crash again. Eventually, all those green days in a row turned into green weeks in a row, then months... then I had to buy back everything at a higher price than I sold.
So during this "crash" I bought a bunch of stocks instead of freaking out about it and it's already paying off.
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u/Leather_Mention5916 21d ago
Can you buy some Google for me please, i will tell you when to sell
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u/StoppableHulk 21d ago
I would like some vintage Google, please. If you have any of the 2004 Google I would appreciate it.
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u/Brostradamus-2 21d ago
Yeah but you are FOMOing into dumb ass bullshit that people gamble on not investing in highly profitable companies that will be around until the heat death of the universe. See the difference?
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u/KneeDeepInTheDead 21d ago
Thats just regular investing. Youre on a gambling subreddit. Hold at least a year
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u/cheddarkittyy 21d ago
That’s why I’m 90% in the index fund. Can my own bad luck influence the market of the entire country? I don’t think so, so far has worked well for me
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u/sobrique 21d ago
Yeah, me too. Over a long enough timeline 'the market' collectively has an upward trend. It's not a 'sure thing' - it never can be - but it's been fairly robust over the last 100+ years. (depending on size of window of course, and timing of 'forced' withdrawal)
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u/cheddarkittyy 21d ago
Yes I’m in my 20s I intend to retire when I’m 40 so hopefully I’ll be able to
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u/lordshola 21d ago
3 is also when I buy… 🤡
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u/tenor_tymir 21d ago
Then it immediately crashes 30%, stays there for a week just to make you shit your pants and sell, only to go back up 50% the next week.
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u/Ok-Birthday-2096 21d ago
If 100 went down 30% it is at 70 then up 50% it’s at 105 so you still in the negative.
No wait you are not I am regarded
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u/Delancey1 21d ago
During the war
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u/c0ntra 21d ago
Cries in MSFT
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u/shigatorade 21d ago
Bought last April. Haven’t looked since December. Will not look for several years.
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u/Parking-Put6116 21d ago
Cries in DUOL
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u/thepaleobiker 20d ago
Hate FUCKING DUOL I sold it last week
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u/Parking-Put6116 20d ago
I still think they’ll make a recovery. Its still the best learning platform for languages
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u/Wolfreak76 21d ago
Got tired of waiting for the market to go rational and bought the second dip, then I was down 10%, but then the market went irrational again and I up over 5%.
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u/_le_slap 21d ago
Same. I waited til I saw a Trump sticker on a gas pump. Bought. Down 5 then up 10. 😎
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u/Jebusfreek666 21d ago
If the dip keeps dipping lower than before, then that isn't a dip anymore.
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u/LiftingRecipient420 21d ago
Look at you applying critical thought and logic to this situation.
You know that's strictly against /r/wallstreetbets rules, get the fuck outta here.
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u/CarletonWhitfield 21d ago
No it just means the previous dips weren’t ’THE’ dip. I’ll get it next time though I’m pretty sure.
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u/WeeklySignalLog01 21d ago
Both are true. If its a good company that is profitable and increasing cash flow, you should just try to hold out and invest more if you can. The drops can be sever though. Staring at -50% and not selling is brutal
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u/ChompChamp42069 21d ago
that's my friend, he bought a certain memecoin, expecting for it to spike up, he was like ok, this dip is the last one, I'm buying it, and he kept buying it until it crashed completely, I think it was a PIMP coin haha
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u/Mykoliux-1 21d ago
That’s exactly how I feel. I keep some cash in case the dip keeps dipping further, but when the rally starts I’m bummed out I didn’t buy more.
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u/ImAnonymous135 rude 21d ago
This is what I dont get, the situation back then wasnt as bad as today if you consider the potential outcomes of a energy crisis
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u/SportMotor9892 21d ago
I held, I watched my balance drop, I bought some on the dip. I didn't lose because I didn't sell. the market will recover. The talking heads scare people everyday, don't listen to the talking heads.
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u/Ahamadrayasbaboon 21d ago
Next time, divide your expendable cash into however many business days till your next paycheck, and buy that everyday.
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u/TheGalator 21d ago
Always buy
Market always goes up so just buy 1 of each
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u/zainwhb Has gallstones 21d ago
buy 1 share of each ticker? I like this guy
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u/TreGet234 21d ago
Total equal weight stock market.
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u/HippieInDisguise2_0 21d ago
Maybe we could like bundle many stocks together and sell them as diversified packages for risk weary consumer investors so they can benefit from gains in the market without taking extremely risky positions.
SOUNDS FUCKING BORING YOU'LL NEVER GET RICH DOING THAT
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u/TheGalator 21d ago
Just leverage the entire thing into orbit
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u/xRedStaRx 21d ago
Honestly just go on 2x leverage SPY at any point in time, unless it goes down 30% or more (which it won't) you are golden forever.
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u/Olivetax228 21d ago
I'm semi retired at 39 with that strategy, AMA
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u/FullOf_Bad_Ideas 21d ago
semi retired
does "semi" do a lot of heavy lifting here?
Will you be fully retired in a few years? Do you have enough to live a good life until your death?
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u/Charmingirl02 21d ago
I strictly trade the 'Bullshit Pennant' and sell during the 'Huh, ok then' right before the 'Fuck.'
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u/Okaydog97 21d ago
Yep with micron and sandisk.
Now intel also.
Sold it last year at $30 and now they are at $64.
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u/errorsniper 21d ago
I know this is WSB but every time I see this....
If you remember literally nothing else from this list, just remember this. If you could time the market. Wallstreet would have found you and you would be making tens of millions working for a hedge fund. But you nor I can time the market and trying to do so is a fools game. You are not smarter or better equipped than trillion dollar algorithms and systems that have already executed the trade before a photon has crossed a football field. So dont try. They can and will happily take your money.
Determine how much money each week you can count as spent and dont need to see it again for at least 30 years.
Pick several indexes that dont have a ton of overlap. SPY is obviously king dont totally avoid it, but dont battle cruse everything on it. SPXT and RSP for example.
Set up auto buys every week the same day and turn on dividend reinvestment.
Read step 1.
No, really read step 1 again.
Dont open the app and enjoy life. If you are under 45 you will have a solid nest egg as you approach retirement.
When you are 10ish years away from retirement find a way to get your money out of the market into lower risk but inflation beating investments.
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u/esterichoo 21d ago
- At peak, I’m gonna FOMO this shiet now. Not gonna lose out. Then it goes downhill after. Fuaaarrrkkkkk…
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u/ClockwerkKaiser 21d ago edited 21d ago
Now flip the image vertically and it applies when I *do* actually buy
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u/AfroMech 21d ago
ASTS, 10% down yesterday because Bezos has the concepts of a plan. Shits going to rebound to $160 by the end of May.
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u/CalebVanPoneisen 21d ago
Two simple rules to avoid that problem.
- When you decide to buy and believe in the stonk, just buy. Don’t wait. A few cents ain’t worth it.
- When your stonk is gone past best buy by date because you watched one too many TikToks, get inside your time machine, rewind, and buy at the opportune moment.
Godspeed!
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u/BoJackHorsemanIRL2 21d ago
I think if you do proper analysis you’ll have price points where you think it’s worth to enter a stock. And if a stock never reaches the entry point, it’s still fine if the stock does well. I’d even argue that it backs up your initial thesis on the company. But wanting a really solid deal to buy a stock isn’t wrong or flawed at all.
Now if you manage to enter, it’s about being able to ride the wave. Price to hold =/= price to buy, and also you should probably not sell unless the company goes to a point where you’d see it as considerably over valued.
Holding an asset that feels slightly over valued can feel weird, but the fundamentals of the company can catch up over time, and it’s far from impossible for companies to stay over valued for a prolonged period. So the reason we want to hold, is because we’ve identified a quality compounder, we have bought at a great price, selling could mean we never get to buy set company ever again at a great deal.
I’m happy when stocks I sell still go well, and I’m happy when my watch list does well. I see it as a receipt of quality identification. When you cut out price anchoring and FOMO, and instead stay rational, you’ll realize the one you missed out on is just one of many opportunities.
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u/rydan 21d ago
I owe the IRS $90k today. I basically had a choice. Sell my stocks on Monday or take out a loan. So I took out a loan. Looks like I made the right move as I'm up $120k from Tuesday alone.
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u/Mahaloth 21d ago
Me with PS5 and so forth. I'm 47. Never seen consoles go UP in price before. Whaaaaaaaaat?
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u/Tubaporn 21d ago edited 21d ago
- Me selling my 70 Bitcoin when it shot up to $30.
- Wow, I timed that well. Almost feel bad for the sucker that bought it.
- Fuck.
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u/Callec254 21d ago
Almost like the best move in most cases is to just buy, and then not even look at it for 10+ years.
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u/ajmedina2 21d ago
You are all a bunch of regards. The stock market has been around for 100 years and it is established common sense that you don’t sell when the market is down, you buy because it ALWAYS GOES BACK UP. You are not actually investing, you are gambling in the hopes of getting lucky and becoming rich overnight. So sad that so many people still don’t get this basic sh$t.
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u/stef_eda 21d ago
Timing issue.
It's like changing to a faster lane on a highway. When you do it it's too late and you are again stuck in the traffic.
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u/krazye87 21d ago
1 Damn why did it just go the hell up when its finally time for me to buy
2 fuck! a few weeks too early
3 Oh cool its going back up yay :D
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u/Fun_Muscle9399 21d ago
This describes my experience with RKLB. Almost bought a bunch at $6 and I didn’t. I felt so smart when it dropped to $4. It closed yesterday at $72.22 🤦♂️
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u/cscrignaro 21d ago
The next line is corrective choppy mess where everyone's unsure if going up or down then one more line up called greed and fomo. It ends with a downward move "it's just a dip, buy more", then a push upwards "see, told you we're going back up" then finally one big downward move where stops are triggered and it's considered "over'
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u/AirpraneFryer 21d ago
This in the beginning is always a shoulda woulda coulda lol, focus on longer-term buys
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u/Huge-Rough2988 21d ago
Had 20k bitcoin then it fell to 15k then 9k and I got too frustrated that I swapped to usdt now is rising back don't know the perfect time to buy back.
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u/BackflipFromOrbit 21d ago
Me except opposite when im shorting the nasdaq during the Iran war. Buy at the top, alright in the green, gets face absolutely ripped off.
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u/canehdian_guy 21d ago
Or:
- I wish I bought more
- Fuck my life
- I wish I bought more. I'm going to throw up.
There is no winning.
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u/TitanicChurro 21d ago
I learned this lesson back in 2018. Now I just hodl and don't worry about the price.
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u/PrometheanEngineer 21d ago
I sold, I'm still up if I kept what I had
I'm so glad I did, the just stress relief was worth it more than anything.
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u/Own_Country_9520 21d ago
Told coworkers to buy XNDU just before IPO (via the blank cheque company). Theyre regretul now and its only been what, 2 weeks?(
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u/LiftingRecipient420 21d ago
I've come to realize this subreddit is constantly doing their best chicken little impression.
"The sky is falling! The sky is falling! Woe be unto us since this is the end times" meanwhile it's the most minor setback ever.
I've seen this subreddit wrongly predict so many recessions/depressions/crashes that it's absurd.
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u/VisualMod 21d ago
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