Wednesday, February 3, 2021

Too greedy: a few mistakes made in last 30 days

 Feb. 3, 2021

Introduction

I asked help from the wechat group, and I got the advice: Do not be too greedy. 

Case study

  1. I purchased 600 shares T stock, in the next day, there was $700 dollars gains. I did not sell for profit. I worried there is more gains in short future. 
  2. I purchased 2000 shares of NOK, in less than 3 business days, the positions has $10,000 US dollars gains. My friend in wechat group told me to sell. I did not sell at all. 
  3. I purchased 1000 share of NAKD in the morning with 70 cent/ share, at the end of day, a friend told me the price was $3.2/ share. I did not sell at highest price. 
Do not be too greedy. Let other make some money. Try to get some profit and learn how to appreciate those gains. 

I am just an ordinary person. Do not aim for too high target. 


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