Navigating the Ups and Downs: A Lesson in Patience and Conviction with $HIMS

Charles09
06-24

I’ve never claimed to be an expert trader or investor.

I’ve made plenty of mistakes, and honestly, it wasn’t until about two years ago that things really started to click for me.

This morning’s drop in $HIMS is a tough reminder that no matter how much conviction you have in a company, there are always risks that can knock it down in an instant. It’s exactly why I try to trim profits on the way up.

Unfortunately, this time, I didn’t trim much, so nearly all of my unrealized gains are gone.

I’m staying calm because I still believe in the long-term vision of this company. But I’d be lying if I said it didn’t sting. I started this account to share my investing journey with full transparency.

The wins, the losses, the lessons.

I’ll likely be selling some Cash Secured Puts this morning and will post those plays shortly. Stay composed. Stay patient.

And always remember why you bought in the first place.

The thesis hasn’t changed: $HIMS is still building the largest direct-to-consumer healthcare platform in the world.


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.

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