[Overcoming Fear and Greed] Bu

[Overcoming Fear and Greed]

Buying a stock is easy. It is the selling that is hard.

I bought Nvidia at $119 after averaging down. I held on when it fell below $100.

Yesterday it rebounded to $124. I sold off. Profit is tiny but I'm happy.

I could have sold when it fell below $100. However the company's fundamental gave me the conviction to hold on.

When it rebounded yesterday, I could have waited for the price to go higher before selling. As I am writing this post, the price is $125.

As the company's earnings call is just days ahead, anything can happen as evident in so many post earnings call.

The price could have been priced for the growth.

Instead of letting greed overcome me, I stick to my exit plan.

Like what Warren Buffet said, we make profit when we buy not sell.

Awaiting for opportunity.

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

nimbly
08-23
nimbly
Waiting for the right moment can be tough, but it’s all about sticking to your strategy. Nicely played with Nvidia
pixiezz
08-23
pixiezz
Great move holding through the dip and selling at a rebound. Sometimes sticking to fundamentals is the best strategy!

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It is the selling that is hard.\nI bought Nvidia at $119 after averaging down. I held on when it fell below $100.\nYesterday it rebounded to $124. I sold off. Profit is tiny but I'm happy.\nI could have sold when it fell below $100. However the company's fundamental gave me the conviction to hold on.\nWhen it rebounded yesterday,&nbsp; I could have waited for the price to go higher before selling. As I am writing this post, the price is $125.&nbsp;\nAs the company's earnings call is just days ahead,&nbsp;anything can happen as evident in so many post earnings call.\nThe price could have been priced for the growth.&nbsp;\nInstead of letting greed overcome me, I stick to my exit plan.\nLike what Warren Buffet said, we make profit when we buy not sell.\nAwaiting for opportunity.\n<img src=\"https://community-static.tradeup.com/news/3ef95c09f624f213fd8baa457c79ae8d\" tg-width=\"1080\" tg-height=\"2340\"></body></html>","htmlText":"<html><head></head><body>[Overcoming Fear and Greed]\nBuying a stock is easy. It is the selling that is hard.\nI bought Nvidia at $119 after averaging down. I held on when it fell below $100.\nYesterday it rebounded to $124. I sold off. Profit is tiny but I'm happy.\nI could have sold when it fell below $100. However the company's fundamental gave me the conviction to hold on.\nWhen it rebounded yesterday,&nbsp; I could have waited for the price to go higher before selling. As I am writing this post, the price is $125.&nbsp;\nAs the company's earnings call is just days ahead,&nbsp;anything can happen as evident in so many post earnings call.\nThe price could have been priced for the growth.&nbsp;\nInstead of letting greed overcome me, I stick to my exit plan.\nLike what Warren Buffet said, we make profit when we buy not sell.\nAwaiting for opportunity.\n<img src=\"https://community-static.tradeup.com/news/3ef95c09f624f213fd8baa457c79ae8d\" tg-width=\"1080\" tg-height=\"2340\"></body></html>","text":"[Overcoming Fear and Greed] Buying a stock is easy. It is the selling that is hard. I bought Nvidia at $119 after averaging down. I held on when it fell below $100. Yesterday it rebounded to $124. I sold off. Profit is tiny but I'm happy. I could have sold when it fell below $100. However the company's fundamental gave me the conviction to hold on. When it rebounded yesterday, I could have waited for the price to go higher before selling. As I am writing this post, the price is $125. As the company's earnings call is just days ahead, anything can happen as evident in so many post earnings call. The price could have been priced for the growth. Instead of letting greed overcome me, I stick to my exit plan. Like what Warren Buffet said, we make profit when we buy not sell. 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