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/biz/ - Business & Finance

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27621415 No.27621415 [Reply] [Original]

GME greed got me.

Just offloading a bit. I bought 9 GME 2 days ago on the day's low at 230, I've just sold at 95. Despite feeling generally stupid, there are some things I'm getting out of this.

A. Only now do i realise that I was actually trading on emotion, everyone knows to never act on emotion when dealing with money, very simple idea to grasp, but not so much when you're on the chemical euphoric rush that is greed. I realise now that 2 days ago I was in quite a bad place mentally, I saw the GME rallies and commotion and got duped in the idea of wealth redistribution from the rich to the poor. I got hooked on the movment only to realise that the train had actually left.

B. I am too busy with daily life to actually invest TIME in this, I found myself glued to the phone, setting price alerts, and reading/consuming every bit of information that came my way, I saw the echo chamber forming around the hypetrain, and while it did fuel me a bit, I was always sceptical knowing that shit most likely will hit the fan. It consumes you, and the time spent on this stupid shit is more valubale than the loss that I made.

C. Never invest in anything that you're not willing to go through 100% with. Emotion changes frequently, but reason and logic are always stable, do your maths, set your goals and your exit plans in case of good or bad. I thought I wanted to go through with this, but I feel a relief and at the same time a gut wrenching feeling that i lost a substantial amount of money (for me). At least I can leave this all behind me, and focus on saving my deposit for a flat, finishing my studies, and keep my work in check.

Truely, a retarded ape.p

>> No.27622068

>>27621415
I sold Friday for a small profit. Wish I'd sold Thursday.
I could feel the bubble forming but I realized that I'd rather just take profits.
They said end of Friday but then I remembered that you have to buy the rumor but sell the news. Things always dump on the news. So when it dumped and crabbed all Friday, I bailed.

>> No.27622186

>>27621415

>He didn't hold?
>Pamp eet

>> No.27622211

>>27621415
why did you give up?
hold you adhd ridden zoomer

>> No.27622252

>>27621415
tl;dr

fuck off redditor, you are and always be a total cunt.

>> No.27622301

>>27621415
RETARD ALERT

>> No.27622416
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27622416

>>27621415
you have to go back

>> No.27622506

>>27622416
Yikes

>> No.27622527

>>27622068
The thing that got me hooked was the idea if the short squeeze, I never intended to leave my bags for someone else, but rather forcing wall street to give me their money.

>> No.27622604

>>27621415
Nice blog faggot

>> No.27622671

>>27622527
Literally
>this time its different
And its not different.

>> No.27622706

>>27622506
you too poorfag

>> No.27622733

>>27621415
Only buy GME with money you are ready to lose and hold it. Every other strategy is bad.

>> No.27622768

>>27621415
>Posted 12 minutes ago
>Already above $100
Lol. Lmao

>> No.27622781

>>27622604
Thanks my wife's boyfriend likes it too.

>> No.27622824

>>27621415
Retard
It may not moon to 1k because of the countless retards like you driving down the price, but it will definitly go back to 300 at some point when the squeeze happens
You should have waited

>> No.27622874

>>27621415
What part of wallstreetBETS did you not understand?
You just lost your only chance of winning the gamble.

>> No.27623028

>>27621415
EAT SHIT SHILL
I AM NEVER SELLING
NEVER
I DONT CARE
I WON'T SELL
FUCK YOU

>> No.27623068

please never invest again, OP. You're not smart enough to hold on to stocks.

>> No.27623128

I really want Reddit to leave now.

>> No.27623301

>>27621415
Thank you for allowing me to buy more.

>> No.27623546

I just put 10K into GME. You niggers are dumb. That 10K was 10% of the gains made in a month off of GME. You kike shills have shaken out the weak hands but now you're dealing with fuck it money and a bunch of institutional investors who know you're fucked.

>> No.27623737
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27623737

>>27621415
>1 post by this id
fuck off with your blogpost wanker

>> No.27624535

>>27621415
That's a very honest and positive way of looking at it. I don't think it's a terrible thing to have been duped, as I was also duped, we're young (I assume) and don't have all the experience. Your conclusion I think is correct, and that's valuable for many future gains.

>> No.27624634

>>27621415
nigger hedgies and enablers like you get liquidated

>> No.27625022

>>27624535
Thanks, I feel like writing about it grounds my thoughts, the one thing that I really got out of it, is how addicted you can get with it. More than anything I just want to ignore my phone for a while.