I can't remember a time when I wasn't confident in a stock I bought. That's because I try to do my dd before entering, and only buy if the risk/reward seems confortable for me at the time.
Incidentally, I am far from broke as you claim I am or about to become, and have done very, very well trading China microcaps this year. I can easily take a bit of a gamble here (all stocks are a gamble anyway) on what I believe is an excellent buy.
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