[TOPIC] I will never do these three things in stock market!
US stocks were hit hard in 2022 and posted the worst performance in 14 years.
Star stock $Apple(AAPL)$ 's market cap topped $3 trillion on the first trading day of 2022. Yet on the first trading day of 2023, Apple's market cap fell below $2 trillion to $1.99 trillion.
Apple is just a representative of last year's dismal situation, as Tesla's share price fell 65% for the whole of last year.
For retail investors who hold many tech stocks, 2022 yields could be worse because FAANG is down sharply in 2022. Instead, short sellers made a lot of money on $Tesla Motors(TSLA)$ , $Amazon.com(AMZN)$ and $Meta Platforms, Inc.(META)$ .
Wall Street analysts' were also wrong about 2022.
According to the data, a year ago, equity analysts expected the S&P 500 to reach 5,264.51 points by year-end 2022. But the truth is that on the last trading day, Dec. 30, 2022, the S&P 500 closed at 3,839.5 points.
During the year, I also experienced many irrational trades. For example, I blindly followed the news and bought a declining stock, and sold it immediately after finding that it continues to fall, and bought a stock after reading an article, and so on.
Each losses are precious LESSONS.
Look back at what irrational trades you have made and write down three warnings to yourself.
What are the three things that you will never do in 2023?
📒How to participate:
Click to enter to the topic and post:
Three Warnings to Remind in Stock Market
You can refer to the format as follows:
I will never buy a stock in a down cycle.
I will buy/sell stocks in midnight cause i’m irrational during this period.
I will never buy on a bullish news cause it’s already too late for me to enter.
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In addition, the first person to find the HAPPYCNY cards and comment ""HAPPYCNY"" will receive a special gift.
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