AFRM's late-August rally reversed in September, mirroring market trends. Following a September 10 low, the market bounced back, making AFRM's strong earnings report an attractive buying opportunity. However, daily profits are unrealistic due to market volatility.
Incorrect market bets with low risk tolerance inevitably lead to losses, while large bets amplify stress and impulsive decisions during price drops. Conversely, greed prevents profit-taking during upswings, and premature selling forfeits potential gains.
Effective trading prioritizes capital preservation over chasing profits. Risk tolerance should be balanced (10-30%) to avoid excessive losses or minimal gains. Overconfidence from information overload fuels buying sprees during upswings, only to evaporate during downturns, leading to ill-timed sales.
Most market predictions from analysts, influencers, and news outlets merely follow trends, lacking personalized insights into individual risk tolerance and psychology. Accurate information still requires timely entry and exit strategies to avoid losses.
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.
- Stoid·09-12TOPWord from the mother there good sir - nice low down - how long were you holding that number before cashing in and are you playing the call/put game or just going long punts!LikeReport