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Monday, 11/30/2020 4:02:05 PM

Monday, November 30, 2020 4:02:05 PM

Post# of 198954
My experience in trading has taught me control over my emotions, I sold at $0.10 because I told myself I would, stick to your plans, if you don't have a plan create one and follow it. When emotions take control of the wheel you become desperate and the fall follows. I can always buy back again when the share price proves stable or pulls back. Selling a stock doesn't mean you don't believe in a company or its product, but the market is volatile and distinct from the business itself.

Always in the moment the stocks you buy seem to have limitless value, this happens all the time to people. But the market always has a way to bring you back down to reality, you won't be able to ignore it. No stock rises infinitely, there's always an end to a run and things cool down. Maybe this isn't the end of the run for this stock, but after 10x it's irrational to press my luck and loose this value, the risk grows exponentially.

"Buy the rumor, sell the news" - this has been a phenomena of the market since its creation, when the news comes out don't expect a bang... expect a pop. Certainly it's not always true, but it is more often than not.

Good luck!