4. NVIDIA being “done for” Wah, I kena played by NVDA many times already! Last year I thought I very smart, short the stock at $120 because AI bubble sure burst right? Wrong lah! Jensen comes out in his leather jacket, say some fancy words about quantum whatever, and stock fly to $145. I panic sell at a loss while eating my instant noodles for dinner that week. Now I just follow the uncle at the coffee shop - he says buy NVIDIA, I buy. Simple life.[Helpless]
3. Tesla being “too expensive”
Tesla is like that expensive girlfriend who drains your wallet but you cannot break up. I’ve been saying overpriced since $200, but the stock just keeps going up like our COE prices. Every time Elon posts some random robot picture on X everyone goes crazy and buys more. My Excel says the company worth peanuts, but the market doesn’t care about my analysis. Now I just accept that Tesla runs on hype and Elon’s midnight thoughts, not actual car sales. Life easier this way! [Duh]
Modified in.06-23
Classic Market Illusions! Have You Fallen for Them?
On the road of trading U.S. stocks, no one stays clear-headed forever. We constantly swing between chasing highs and panicking lows, trapped in the cycle of “I saw this coming” and “I’ll just wait a bit longer.”
Have you fallen for any of these illusions?
Or do you have your own “misjudgment” story?
Share your most unforgettable market illusion in the comments!
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