At times,I'm impulsive but I take calculated risks and have measures in place to cut my losses if necessary. However,I do not trade in the midst of a short squeeze. I watch on the sidelines with amusement and satisfaction to know that I have indeed identified a short squeeze situation accurately, and credit myself for not jumping in on the FOMO bandwagon and being trapped.
There must be a limit and threshold that us investors must set for ourselves. When it is time to exit, it is time to go. Throw those emotions out of the window and SELL.
I study the historical data of companies,their financial strength, market capitalisation, analysts target (pinch of salt) in relation to market sentiments, interest rates announcements (CPI / PPE data), FED meeting days and holidays (shortened trading week). Even when all my risks are calculated, I use 50-75% of my liquidity to buy in at times,saving the rest for DCA or option trades.
Hoping to improve on my RoR this year! 🙏
Modify on 2024-03-29 14:10
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- YoungYun·03-29TOPYou seem to have a well-rounded approach to investing!1Report