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If you're on some pump and dump shit, you get what you deserve as part of that game.
Otherwise, Buffett's advice is still the best: Invest in companies, not stocks.
I've got a few small irons in a few small fires as an addition to my savings, and one particular long position has tremendous potential if it ever stabilizes, as the tech they're bringing to their particular industry is a legit game changer. At one point I was up about $300, which was perfect for my strategy because I'm really just trying to beef up our savings a little. It had a massive 5 day run before the crash and burn, leaving me down by about $150.
It's been a great learning experience because I've been able to ride out the volatility to see where, when how, and why to work the system because with the 4 stocks I've invested in over the last year, 2 have experienced massive spikes and it took everything in me not to sell on those days.
In the future, I'll sell a fair amount on those days in anticipation of a massive drop, and reinvest. If you're dilligent in learning day trading principles, you can apply a lot of that to companies you're going long with to maxmize potential earnings. Just know you might get got a few times a long the way.
Basically, there's nothing to be mad about unless you bet your mortgage money, but that would mean you've got a host of other, more pressing problems at hand. -Sig-
“Why didn’t you do this in your own god damn country?"
-All Stah's view on undocumented immigrants wanting to be treated like human beings.
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