2024 was a great year for me with over 1000% return since joining tiger in march. How Did i do it? Well my biggest piece of advice is based on my nickname "the emotional investor".
Its kind of an oxymoron, because I don't get emotional about stocks. Instead my understanding of other's emotions drives my investment thesis. For example, greed and fear are common investment drivers. Brokers and analysts get this and put out absurd articles to drive a stock up or down. The most recent example of this was jan 3rd. A merchant bank i have never heard of, and an analyst with a terrible track record put up an article about $SoFi Technologies Inc.(SOFI)$ that downgraded the stock. It was utter nonsense, the analyst in question should be fired!
But it worked, 12 media outlets picked up the story and ran with it. And the stock dropped to round $14.50. Fear took over, people sold because... well they were stupid. $NVIDIA(NVDA)$ Has similar doom articles one week, then happy happy joy joy stories the next week.
The moral of the story is... i make money by thinking. I read everything i can, and evaluate the writers rational for writing it, and the factuality of the article. 2024 was full of utter garbage articles aimed at manipulating stock prices. In 2025 my prediction is it will get way worse.
If you want to make money in the stock market you need to think. Every article out there is utter nonsense until YOU prove otherwise.
Happy trading in 2025, i hope this post helps
@Tiger_comments @Tiger_chat @TigerWire @Athena Spenser
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- Tiger_comments·01-07 14:07It really helps, and now I totally get the meaning of your name: understanding others' emotions and connecting with stock trading. 📊💡😊1Report
- Eva_nana·01-07 11:13Thank you for sharing. Looking forward to a profitable year in 20251Report