Sometimes you win, sometimes you learn.
Last month was crazy. But it was rewarding in so many ways. I learned not to lose my shit when I lost almost 15-20% of my profit. I learned how to take profits and losses with a pinch of salt.
Now, as March is here, I am definitely expecting more drama, considering I have added META and AMD to my portfolio.
Let's see how things go.
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joelooi : good job ,bro
digimonX : I have been investing in AMD for close to 10 years now. Just be prepared it is not for the faint-hearted. It constantly exhibit wild price swings in both directions. Some days feel really good & some days, very miserable. In 2022 for instance, I saw its stock price plummet 60% over a few months. The key here is to study the company's leadership team, it's products & track record in delivering on its roadmaps. Then invest for the longer term. Don't go in all at 1 go. Dollar-cost-average during pullbacks.
BTW, there are many fake gurus on this platform giving price predictions & some regularly suggest to short the stock. Don't listen to any of them. I have observed them for a while now & they are as accurate as flipping a coin. The fact is nobody knows how the market will behave on any given day. Doing one's own due diligence on the actual company is key.
Good luck!
joelooi digimonX: It's really not easy to take control of your mentality! Agree!
Daniel Jeya RamanOP digimonX: Wise words said. This is why I stopped listening to all those Youtube predictions lol.
You must understand and trust the thing that you put your money in.
Dannymite : I am -$4000 this year
Daniel Jeya RamanOP Dannymite:
Mr Pistachio : 10 years ago AMD was $11.Congrats!
SgDavidC : Especially the advise from 'Guru', figures are plucked from the sky or unknown zone!