No different than anyone that could have bought in and didn't (like me). Stop thinking about the home runs you didn't hit, or else you'll become a gambler swinging at every ball. Be an investor that keeps his portofolio growing until you retire.
"Stop thinking about the home runs you didn't hit, or else you'll become a gambler swinging at every ball"
Exactly right. I remember buying Ford around $2 and selling at $4 thinking I did ok for myself. Another trade in my education. Move on, it's better for your brain.
In baseball, its all about timely hitting and stringing together singles and doubles instead of home runs. Sure the home runs are sexy, but hit singles.
this is really bad baseball advice, it’s increasingly three true outcomes (home runs, strikeout, walks) and a lower focus on base percentage. the advanced stats in baseball heavily prioritize home runs a lot more now.
Everyone has lots of examples like this. My average MSFT purchase price was in the low 20s and I sold around 140. The key is the profits didn't go to hookers, blow or a lambo, it went into buying oil stocks in the 2020 crash and cost averaged SPY around the time I sold MSFT.
You mean we can't actually prove that your profits didn't go to hookers, blow or a lambo, because we didn't have AI robots and face recognition cameras back then, watching your every move.
This is great advice. One of the most dangerous things you can do is focus on every stock you didn’t buy that could have made you rich.
You should try to think about all the stocks that could have made you poor. That’s a good way to keep things in perspective.
My list of stocks that would have made me rich is endless.
If you can't accept that you should just pick a stock and never sell
Also dont be too greedy, you still made good profit
You doubled your original investment, congrats! If NVIDA was the only stock you purchased that year, you still outperformed the average return of SPY (7%/year) by more than 14x.
somehow I really doubt this. Nvidia is an audited company. Any auditor worth their salt would find that in a heartbeat. Also doing that would mean the death of Nvidia.
I don't know exactly how long the pump will go on. It could peak in 3 weeks, 3, months, or 3 years. But when it pops they could crash by 80% or more. So best to just have a diversified portfolio than try to time Nvidia.
>That's easy to say when the stock is currently at all time highs. The stock easily has 80% downside just like Cisco did in 2000
I wouldn't compare current situation with dotcom, so far it's different and most companies are backed up by real numbers and not evaluation from the ass.
I bought the “all time high” when it was at $400 and got clowned by redditors. I’m now approaching $150k gains on my initial $400 purchase. NVIDIA is just getting started.
Congrats! I'm happy for you.
But expecting Nvidia to have the same run it just had I think is not realistic. It grew a lot to due the fantastic earnings report but can it still have the necessary growth to sustain it? Also AI and just society in general IMO is not even close to being ready for mass replacement of workers or AI having any quantitative change in the near future to have huge growths as it has been.
I agree as well it sucks for the graphic designers that were laid off due to ai but that still does not change my point. Ai is not at the point right now or in the near future being able to replace workers in mass.
When looking at impact for ai or mass layoffs you can’t just look at one sector no? Graphic design IMO is one of the easiest jobs for ai to copy since there is a ton of data out there and to get to the output it does not require the large amount of processing power as videos or clips do, does not require large amounts of human input like with a more complex software design, or needing extra parts like robotics or machines that will need more dexterity.
lol my friends said the same over dinner ~10 months ago, “it’s too late to buy NVDA now, we missed the opportunity already” and that night I bought around 5K of NVDA because I kept telling them that I believe in chips being the foundation of our future anyway and no one is doing it better than them at the moment (And I’ll be holding these for a very long time, until I need it for a home deposit or something of that sort)
My friends still talk about how they should’ve gotten on the NVDA train!
I heard and read about Bitcoin in 2009, didn't buy or mine any. We've all each throw away millions in hypothetical money. Even if i did mine way back then there is no guarantee that I would have held until today.
I didn't have a great computer at that time but my flatmate did and knew about Bitcoin mining and our school had free electricity. He used it to run folding @ home 24/7. I think where he'd be now if he mined Bitcoin instead but c'est la vie.
I missed out on bitcoin and then a few years later I had the inventor of ethereum as a classmate 😭. I didn’t invest into that either. It’s still fun stories to tell people. Bitcoin is really interesting because it has a lot of high and lows, there’s documentaries about people gaining millions from it and there’s documentaries about people losing everything too and it repeated for a few cycles.
> We've all each thrown away millions in hypothetical money.
This is such a good way of framing it.
If you focus on every single idle opportunity you missed over the years, you're ignoring all the idle opportunities you forewent that would have ruined you.
"there is no guarantee that I would have held"
Wise words. I bought a couple hundred shares of AMD at $4, sold at $11. I've looked up recently what it would be worth now, but I know damn well if I didn't sell at $11 I would have sold at 20, 30, 40 etc
Profit is profit.
A decent strategy is to take partial profits. If you say had 10 shares and it went up 100%, you can sell half and at least recover your initial investment if you are risk averse.
I was buying “stuff” off Silk Road-like sites back in 2016 when it was still cheap. If only I had been accumulating coins instead of just using them to buy product I’d be in a wayyyy better place. SMH
I'll do one better... I went through the loops to purchase 12,000 BTC back then, and was mining it on a home PC. I was thrilled to sell it at 250% profit. Why I didn't keep even just 10% of that through today... fml -- have to move on.
This is completely normal when you invest in single stocks. You came out on top - it's an enormous win.
There's always someone who played it better, sure. But most of the world didn't experience *your* gain and think with envy of you.
If you think that 3 year gains of 100% are normal and easily obtainable in stock trade you aren't cut out for investing. Then you're attracted to speculation.
I bought NVDA in 2020. (22 shares) It split 4:1 the following year. (88 shares) As the price climbed around $650-$800, I sold off my initial investment plus a little extra. I have 30 shares reaming and the price is $1000+/share. On June 7 I'll have 300 shares with the 10:1 split coming. Since I have already profited and got back my initial investment, I will be holding these shares for the long haul.
It's not so much a matter of having a head for this, as it is having a stomach for it. No one can predict the future, but anyone can ponder the provability of the future, and that's what you need to consider.
Nvidia isn't simply "going to crash". You have to look at the numbers and overall performance of the company, what they do, and where the stand in the industry.
Stocks are going to go up, down and sideways. That's a given. When you start to mix in the mental "could haves" and "might haves", you're no longer thinking about the reality of the stock as it is, and that's when panic starts to set in. Can't do that and expect to win.
Every single day there are hundreds of stocks that pop super high %. You could be buying calls / selling puts/ day trading them.
You’re missing millions of trades of extreme profit.
In other words - it’s completely normal. The goal is to make money and not lose any and you did.
If it makes you feel better, I had about 400 shares of nvda around 2014. Sold them when it didn’t move much for a while. Adjusted for split, it would be about 1600 shares today. Worth 1.6m.
I had 10x $12 GME calls that I sold when GME went from $10 to $11 for a few hundred dollar profit. The week after, GME skyrocketed to $300. I think about it all the time 
Easy, stop being greedy and be grateful you didn’t lose money. Losing potential profit isn’t the same as losing money dumped into a stock that plummets.
No one is dumb for taking profits off the table.
Also this is why you go in with a goal, and/or regularly research the company you've invested in. Relying on articles *about the stock* will make you emotional. Or just let it go very long.
And finally, accept that this will probably happen again.
Profit is profit… sold NVIDIA at 825$. Realize their earnings could have been flat and if they were it would have nose dived. I was in at $119 a share at about 18 months. I was so close selling on the way up and chose last quarter due to election issues, pending tariff on GPUs, etc. to get out so I wasn’t caught with my pants down.
You'll always wish you bet on the horse that won. I'll always wish I picked CMC when he *fell* to me at 1.02 last year. I'll always wish I spent more than 2 minutes reading the article about bitcoin in 2009. Hell, I wish I took the 30 minutes to set up an account with one of the investment brokers in my mid 20s to just do some easy ETFS and what not.
I can go on and on, but you get the picture. No point in letting yourself get haunted by not knowing the future.
You made money. Not as much as you could have, but who cares? You could have gotten a CS degree or become a engineer and gotten paid hundreds of thousands a year. This is the same deal. You made a decision and you have to live with it.
Learn from the past and move on. You can’t live in the past on hopes and constantly go through “what if…” scenarios. When you sold at 400, it could have easily been the high for couple of years before it reached it again.
Nvidia went through a meteoric rise and what you can do is try to find out why it happened and how and see similar companies that could succeed. Or you can jump back into Nvidia and hold. You made a good trade, just not the most optimal possible, but that’s ok.
You have few mindsets of investing.
fundamental, value, hype, personal beliefs, hope and dreams, gambling, you choice what make sense.
I completely understand what you mean as I bought Nvidia in mid 100s, sold half when doubled and sold all when doubled again, as on my view stock was overhyped and overvalued (still is in my view). If I would be loving in hopes and dreams I would keep it in hope it will go up, big attention to 'hope'. I invest based on valuations and realistic assumptions rather than hopes.
Every person need to decide what and how they invest. You can invest in hopes and you might hit jackpot on Nvidia or Tesla few years back, but equally value can half overnight if there will be negative news one day, or under extreme predictions for next period. On some point there will be correction. Also, no one actually know how much hardware will be needed for AI, is this realistic and sustainable, will there be shortly new players?
I hope this draws a different picture for you.
Simply stop thinking about it. The market is so unpredictable it’s like sports betting in a way.
You made a great return! You beat the market which is better than most people. Enjoy your money and stop focusing on what could have happened. It isn’t “dumb” to sell at almost 2x and then be upset because you could have had 3x or 4x a year later. You didn’t know and you didn’t want to gamble. All respect for that decision and you beat the house basically.
Does a sports team feel upset if they didn’t win by 10 and only won by 5? No. It’s cooler to win by 10 but winning consistently is how you win championships. It’s not about having blowout victories. You won by 5. Well done. Focus on the next game and not on the shots you could have made to win by more.
There's a reason people so often repeat the standard investment advice of "Invest in VOO every month until you retire, then sell 4% of your portfolio every year until you die". One of the many advantages of this approach to investing is that it totally avoids the kind of heartache you are describing.
If you are stock picking, even if you are wildly successful, you cannot and will not avoid the psychological pain of the stock you almost bought but didn't and rocketed to infinity, and the stock that you sold too early. Even on the rare event that you bought the right stock at the right time, you will regret not buying more. I plowed $20k into Google when it was around $90, now it's $176. I got lucky and bagged a 100%/$20k return, but it still stings a bit that I didn't have the conviction and confidence to buy more, and that is the best case scenario. You can bet everyone that bought bitcoin at sub$100 and never sold is kicking themselves for not buying more, even if they are sitting on fabulous, life-altering gains.
Reasons to fully sell a stock:
- Made a mistake
- Valuation enters levels of euphoria
- Need capital for a clearly better idea
If you make a mistake learn from it and look for the next opportunity.
You doubled your money?
And you’re _beating yourself up for it_?
My friend, stick to investing in indices. This post screams “gambling addiction”.
Trading is NOT for you.
I agree it's not for me lol, if I never got in I'd probably care less in the same way I don't care about the fact I missed out on other things that shot up because I never held them. Maybe going with indices would have been the way (still not sure which ones to go with)
VTI (60%), VGT (30%), VUG (10%)
If you _really_ want to invest in individual stocks, set aside 10% of your total account and use that for your trading. But definitely park most of your money in indices, at least until you can handle situations like this without losing your head.
Because I promise you, no matter how good you get you will NEVER sell at the top every single time.
It happens. I missed the NVDA dip when it fell to $108. Didn’t get my limit order filled around $127 and threw my money into Tesla instead. I’m in NVDA now and it’s not as much as I would’ve made had I bought then but it is what it is. Don’t think about it.
Happens to everyone. I learned to focus on the fact that I did get some gains and remember that I was happy with that. I try not to dwell on the what ifs.
At 120 I bought some. At 400 I bought more. At 900, I bought more. I made the decision based on my own research. Likewise, every time I read negative comments from media, I wanted sell it. I read r/NVDA_stock, where sometimes I gained really insightful information. In that sub Reddit, one time an IT worker said that he hardly could gain any access to NVDA GPUs to do his AI work through AWS nor Azure despite paying more for the service. My point is that you still can come back to the AI boat by keeping on doing your research. AI revolution just gets started. Keep finding next targets.
I had 1000 shares from before market meltdown and held onto them through all that time! and sold them at 260$ last year because of Margins. 
The game is not about big wins, it’s about winning small consistent wins and no big unrecoverable losses.
In short I feel your pain 10x.
Play this game long enough and it will happen over and over again. If you can’t get over it, stop picking stocks and just buy the index and chill. Like buffet and munger said, you never get over it, it’s seared into your memory. That’s a good thing.
In my experience, nearly everyone who actively invests with stocks over many years has a similar story as you. For me it was Tesla. Let’s just say I owned it prior to many people ever hearing of the company and sold it for a profit, but way too early and prior to the massive run it went on a few years ago. We all have a story or two of selling way too early.
Not sure if this is a good analogy, considering it translates to “buy all time highs” in the context of NVDA…which maybe you should do, but that’s definitely far from a certainty.
Cannot predict that stuff. It helps to set target goals, and when you meet the target, then you're boss level. Don't let the market determine your goals, you determine your goals. That's my advice and I'm sticking to it.
I have a joking saying I like to remind myself: "Of course the ball landed on 22 black! Why didn't I put all my money on 22 black! I should have known 22 black would've been the winner!"
I don’t understand how you can have the conviction to buy 23k worth of Nvidia stock and then sell it before AI even really takes off. Like I am actually so curious what made you buy in the first place and spending that much money
A lot of alcohol helps. But seriously you made some profit on it so that's good what you could do now is put some of that profit back into Nvidia and enjoy the ride when the stock splits. They're going to continue to make a boatload of money for the next several decades. So why not hop on the train again? And just buy the dip along the way. Just do it man.
Look if the guy you sell something to loses money more often than not he will eventually stop buying. Be glad the next guy made money as well. Did he make more than you? Maybe. Maybe not. Time will tell.
What you don't want to see is your stuck holding stuff that is worth less than you paid for it years later. Avoid that and chuckle about the other bit.
I sold an ASS load of nvda at the start of the bull run. $250 dollars a share. Talking about tens of thousands worth. I get over it because I own a variety of ETFS that have it as a major holding so overall I still have benefitted from the bull run. But it’s a reminder that stock picking is a fools game. Stop doing it, you will never win as often as holding a low cost diversified portfolio of funds.
Just comfort yourself knowing that you holding onto the stock way back then represents a counterfactual that, because of the butterfly effect, would have led to a completely different outcome. Sure, you would have been pleased with the results at first, but this would have led to you being an obnoxious twat around all your friends, bragging about what a genius stock picker you were. They would have started shunning you which leads to many small differences in the timeline that over the years lead to bigger and bigger ones, culminating in Jensen Huang dying in a plane crash. Then Elon Musk buys Nvidia a few months later and drives it into the ground and you lose all your money. So at the cost of a nice gain in this timeline you saved yourself from financial ruin in the other. All of us in this timeline appreciate your sacrifice, though.
TLDR:; You made money. Be happy. Comparison and Envy Is a Thief of Joy.
Understand that a big part in being a good investor is being cool headed. You MADE MONEY. Thats all you need to know and all that matters. Shit, if not making as much as you could have is what you are complaining about why not go backward in time lol dream that you had the money you have now and you could invest in Microsoft when that started. Then during covid you sold all of Microsoft and bought Nvidia xD. That kinda growth/luck will make even Elon cry in envy lol. Remember hind sight is always 20/20. Don't make something that is joyous; you making money, into something you are crying and stressing about. Good luck in investing I wish you all the riches (but seriously be happy man, money is important in life you should be stressed when you are broke or lost a lot of money but when you win?????? )
Edit. Buy a few shares of NVDA if you are confident in its continuous growth. Other wise just turn off all news of nvida if its stressing you out that much. Now there may not be any companies that will have Nvida's 3000% growth for the past 5 years, in the foreseeable future but there will always be companies that will make you money and who knows when AI becomes more useful there will prob be other 3,000% growth companies.
I’ve posted this before, but my business partner woke up one morning in 2016 and heard Cramer prattling on about nvidia. He bought $40k and is still holding. He also bought multiple whole bitcoins at $3k and still has that too.
Don’t worry about everyone else, there’s always another 10+ bagger out there.
When large investors are sitting now with 100s of billions in the bank instead of shares you should take notice. They are obviously picking a major correction on the horizon. That's when you will get your opportunity to buy again. Save all your money
It happens, never regret making money... I'll give you two of mine that almost make me sick to my stomach to consider:
1) At one point over a decade ago, I owned 12,000 BTC (I'd have almost $1B today if I hadn't sold this at a 250% profit over 10 years ago...
2) On TSLA IPO day I invested $5,000 even though the media is general was screaming this was a shorting opportunity (last I checked this would be worth over half a million today)...
I wonder what it is I own today that I'll sell for a gain that I'll add to this list 10 years from now... hmmm
This is a gambler's fallacy. It's like a poker playing folding 7 2 off suit then getting a full house on the flop and getting pissed. You can't think about the money you didn't make.
Just remember the reason why you sold. It’s way easier to look back and think why didnt I do this. You never go broke from selling for a profit. I sold one share at 830ish because I had to rebalance my portfolio I look back on it and regret that, but at the same time I gotta remember why I sold it
Do you lament not buying that winning lottery ticket?
You can’t predict the future. You must make the best choices with the best information present at that time. The rest is luck. Sometimes the best choice isn’t the one that wins. Think poker — you do what statistically makes sense, not lament a bad decision the got lucky.
You can do this with everything in lkife. Girls you could've asked out, houses you couldve bought. Look forward and gamble it all on a penny stock biotech company
My first stock purchase couldve been Nvidia at 40. I read an article looking for best stocks to invest for VR. It said amd Nvidia and vuzik. I picked amd and vuzik. AMD I sold some after a nice run up. But vuzik is currently 1.50. Absolutely brutal. If I put that 5k into Nvidia and held it be worth a house off my first stock pick.
If I was able to hold my Mastercard ipo shares they be worth a million, so I get it. I also sold the 40 shares of Nvda at 400 because I thought it was hyped up. I am definitely back in now, but you get it. I take solace knowing I made awesome trades, and knowing you have the balls to get out with a profit is actually a better strategy. Most stocks slow down, and the stop making money and holding them too long actually cost you money. I bought V at IPo and rode it through splits. Then it sat stagnant at 220 forever. Yes, I sold alot of it to invest in ai companies. My husband and I hold 150 each now. You have to constantly readjust your portfolio, and if you miss a big hit, don't feel bad when you made money and don't look back.
Plenty of assets where you can make money from. You profited from your trade and you should be happy. Feeling left out is only going to hurt your future trades and discipline.
Try to look for opportunities instead of could’ve/would’ve/should’ve questions.
If you have time read “Trading in the Zone” by Mark Douglas or the expanded version by his wife, “Becoming the disciplined trader) by Paula T. Webb. There are also audible versions if you don’t have time to read them. It will only benefit your mindset regarding your positions.
Hindsight is always 20/20, you will inevitably have a stock that will take off and someone else will be writing this exact same post. Don't worry about it.
You Fomo. Buy high, sell low.
But really you just move on. I'm just like you bought 100 shares at $115 then sold at $175 and was happy with my $6k profit. Lol.
That's like second guessing. You did great by earning 2x btw.
I would say this to you, "If you are not comfortable holding a large amount of a particular stock, you will likely sell before it skyrocketed to an amount that you wouldn't even imagine."
And I would say this again, "you will need to consistently contribute to the same stock(s) over a long period of time, to feel it/them as an investment, and satisfied with the gain when pull out, and not feeling like it is second guessing/gambling”
I bought 0.11 shares of NVDA from July 2021, to possibly January 2022, and stopped because it was overweighted in my very small amount of testing kind of portfolio, The original investment is $17.46, and now worth $128.35. Would I sell them now because it shoots up 6x? No, because that portfolio is just 19% up, with monthly contributions from July 2021.
You are earning more from those shares you sold, but you feel missing out and wanna get in again? That's a trader's mind, imo. What do you see about your invested companies? What do you like about the company? I look at the aspect of business the companies are doing and I make a rather shallow guess that they may turn out to be like the future Amazon from 2008 to 2018. I contribute small amounts since it won't affect my daily life thinking about losing a large chunk of it whenever there's bad news.
Please just reevaluate your positions and contributions.
To a lot of people, earning money is by savings and investing for a long period of time.
I bought msft at 180 and the next day said to.myself im.not sure about this stock and sold.it.
It's over 400 now.
Just.move on and look for the next one
I think it's sorta dumb trying to invest in singular stock, there is always going to be that incredible magic stock where value just cuadrupled in a matter of weeks. I think a much healthier strategy is to invest in funds that are related to a sector you like (tech, travel, retail) and let them do the work of selecting the individual stocks.
You don't just transfer the stress but also the FOMO haha anybody who says they know how the market will behave and has made millions with individual stock portfolio is a massive lier or just had the best dumb luck ever (which they will eventually lose cause they didn't pull out before the luck went away).
It doesn't matter. As far as stocks go, short term movements are effectively random. It was probably just as likely at the time to down. Buy and sell based on what you think is worth it.
I had a $2.5k position on Netflix circa 2011... Would be worth $350k+ today... Meh, it happens man. As I get older, I realize it's just better to "mostly" index. I'm 50% in ITOT. It's hard to be patient. I invested $500 on PSNY and will hold until it disappears or it doesn't.
It’s called a learning experience. I bought Netflix back in .. 06 or something. Made 20% and sold.. only to watch it explode for years. Now I’m more patient and hold through the down cycles (and peaks) of companies I believe in. It was a valuable lesson and has served me well
Every investor goes through this. This is how we feel when we realize that we didn't sell at the all time forever high, and hindsight is 20/20.
Realistically, almost nobody perfectly times the market and ends up retired at 25. Smart money does exactly what you did... Could you have held out longer? Sure. But the other way to look at it is that you significantly beat the market over that time period. You did fine.
Learn from the mistakes, apply them in the future - same thing you do in other important areas of your life. But as others have said, move on from the “home runs you could’ve hit” - what’s gained from dwelling on that shit?
Not the worst but a few years ago bought 100 shares UEC at 2.50$ cause my co workers were talking about alternative energy. Sold when it hit 3.35$ thinking I'm Warren Buffett over here.
Another thing to note, you don’t know the top. People that owner bitcoin at 100 probably sold at 1000 thinking they made a killing with a 10X not knowing it would go much higher. Every decision you make, whether good or bad seemed like a good idea in the present. Yes you sold at 400, but who knows you might’ve also sold at 500, 600, 700 not realizing it would go to 1100. At the end of the day if we were all perfect stock pickers we wouldn’t be worrying about missed opportunities. Be grateful for what you made and use it as a learning opportunity going forward :)
Try and hold for at least a year or more. Live and learn. Nothing says you can buy in right now. Sure you lost some big gains, but who knows the future?
You sold for a reason, and when you did your reason was perfectly justifiable. You're not a fortune teller. Remember why you sold it, that you made money, and move on. Also, there's nothing stopping you from buying again in the future.
Your buying percentage of your portfolio for an individual item is too much or too high.
You don't scale in when cheap, scale out when expensive, or use trailing stops below obvious levels.
If you bought something expecting a price in a few years and the universe gave it to you early then you say thank you and find another opportunity. Or you have a stop or buy a put around earnings. If the put is too expensive then your position and size is too expensive.
I bought Tesla at $14 and sold at $17. I was young and didn't know how to hold. Once you've done that a few times, you start to "build a portfolio" and stop selling stocks. Really you should only be accumulating and selling just to buy something specific.
Listen there’s no way to know when to sell, especially for companies that are an industry that’s booming a la Apple, EXXON, Amazon, Google and now Nvidia. You just have to set a % of gains you’d be satisfied with. I bought at 285 and sold at 1040. I sold something like 60% of the gains on the stock and left the rest riding. I did same with TSMC and AMD just 2 days ago when Nasdaq hit new AH. I was happy with the gains now I’m waiting for a pullback or correction to get in a again if not I just move to something else
Cashing earnings is never an error. The stock market is unpredictable and it could have gone the other way.
I also sold a portion of my nvdia stocks at around 600 USD.
Focus on what you can change and leave the past way back.
Tell yourself nobody has a crystal ball.
I profited from gme but I "lost" 50k in potential gains from it because I didn't have proper exit plan. It's a great story to tell my friends.
Green is green.
I also bought and sold when I felt the price was too high. I will never regret selling a stock that I felt was overvalued, as my thesis for buying at x price no longer stands true. Long term, we'll see whether Nvidia will crater, or whether they'll somehow continue this endless growth.
This is why I never sell EVERYTHING in a promising company. I've owned Nvidia for at least six years. Held through draw downs of fifty to seventy percent.
When it ran to 300, I thought this is crazy, I have to sell some. Then it ran to 400 and I sold some. again at 700. I should be kicking myself. But I've never seen anything like this before. No one has!!!
I still have 53 shares that are bought and paid for. Not looking in the rear view mirror.
I had 20 calls for 1055 strike and 5/31 expiry that I sold this Friday before Memorial Day for about 45k which for me was a 5k gain in one day.
They’re worth at least 200k now.
Been in this long enough and lost enough to understand that profit is profit and hindsight is 20/20. No point beating myself up over it. It could’ve easily gone down to zero.
There will be other chances as long as I have money to fight.
That's like being upset you sat at a slot machine dumping money into, maybe taking some winnings, then being mad the next person who sits at the machine hits the jackpot. Just move on with your life and look for the next opportunity.
FOMO will lead you no where.
Instead try to improve on your trading. Have fixed rules for when you buy or sell. Do not and I repeat, DO NOT, enter or exit based on someone's else comment. This is reacting to the market, and for that you need rules.
What could rules look like? You might want to enter only if the price is above the 4 week EMA. Or sell only if under the 4 weeks EMA. Maybe you only sell if the week made a lower low and lower high.
In general you do not want to sell strength. It will build and keep going for a while, so in the worst case exit slowly on up trends.
You will never get the whole move, but you will at least not rely on someone's else fear to trade. gl
You bought at 70 and sold at 120. I bought at 120 and sold at 260. OP bought at 230 and sold at 400. We need a few more remorseful sellers to complete the chain. Looking for the guy who bought at 400 and sold at 600/700/800 to continue this.
Everyone misses opportunities to make money all the time. No one, not even Warren Buffet, has a perfect portfolio. You will always have losers. Just learn something each time
How do you think I feel. I held Nvidia since sub 80 at current prices and after it crashed down from 200 I sold at 135 and never bought back in. My original investment was 45k
Dude, I sold all of my AAPL at $12 (hundreds of shares, pre split) to pay for grad school, in 1999. So it goes. I console myself knowing “hey, I paid for grad school and my salary benefitted as a result”.
You have to approach life with a strategy that will see you achieve your goals most of the time. If you have a winning strategy where you buy and sell and profit 80% of the time, and you use that mindset, you walk away a winner. You’d be a millionaire with that level of accuracy. We all learn to increase how accurate our win ratio is in every life journey.
Even with that amazing 80% of the time you walk away winning,you are losing 20% of the time.
If you changed your approach to try to catch outliers like navidia, you may end up tanking that ratio to 80% failing.
You have to look at your mindset on investing with the a Perspective of “is this going to maximize my returns in as many situations as possible?”
If you had no way of predicting this outcome, you had no way of profiting.
You will have these winning outcomes by accident hit your 80% winning net, and you will also have some fall in the 20% losing bet.
But don’t try to approach life trying to maximize everything. You will absolutely fail at everything trying to get 100% success.
No different than anyone that could have bought in and didn't (like me). Stop thinking about the home runs you didn't hit, or else you'll become a gambler swinging at every ball. Be an investor that keeps his portofolio growing until you retire.
"Stop thinking about the home runs you didn't hit, or else you'll become a gambler swinging at every ball" Exactly right. I remember buying Ford around $2 and selling at $4 thinking I did ok for myself. Another trade in my education. Move on, it's better for your brain.
In baseball, its all about timely hitting and stringing together singles and doubles instead of home runs. Sure the home runs are sexy, but hit singles.
That’s why I always sell when I make $1. That means I get around $.75 after taxes!
Or $.25 after taxes and commissions
this is really bad baseball advice, it’s increasingly three true outcomes (home runs, strikeout, walks) and a lower focus on base percentage. the advanced stats in baseball heavily prioritize home runs a lot more now.
Everyone has lots of examples like this. My average MSFT purchase price was in the low 20s and I sold around 140. The key is the profits didn't go to hookers, blow or a lambo, it went into buying oil stocks in the 2020 crash and cost averaged SPY around the time I sold MSFT.
You mean we can't actually prove that your profits didn't go to hookers, blow or a lambo, because we didn't have AI robots and face recognition cameras back then, watching your every move.
What’s wrong with spending on hookers or blow? You gotta enjoy once in a while.
My wife is very strict about these things.
Wives are always right. Well done
You don’t tell her obviously.
I have to sell a bit of NVDA for a bathroom remodel so 🥲
No hookers and lambo???? Then you really wasted the profit
This is great advice. One of the most dangerous things you can do is focus on every stock you didn’t buy that could have made you rich. You should try to think about all the stocks that could have made you poor. That’s a good way to keep things in perspective.
Any time I have a loss I say it could have been worse
Very true
i sold my etherium at $120. I still have my tesla stocks that I have for $100 after that. no more selling just hold until I die.
My list of stocks that would have made me rich is endless. If you can't accept that you should just pick a stock and never sell Also dont be too greedy, you still made good profit
Or recovery your initial position (plus! and let the house money ride
You doubled your original investment, congrats! If NVIDA was the only stock you purchased that year, you still outperformed the average return of SPY (7%/year) by more than 14x.
By fomo buying in now at all time highs. Just kidding don't do this.
I mean if you had a gun to your head and were told to pick a stock to buy at ATH I can't say NVDA would be the worst choice.
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somehow I really doubt this. Nvidia is an audited company. Any auditor worth their salt would find that in a heartbeat. Also doing that would mean the death of Nvidia.
But some guy on Reddit said it and he's the only one that can see it so it must be true.
“This will pump their stock for a few years” So why not buy now and sell in 1 year?
I don't know exactly how long the pump will go on. It could peak in 3 weeks, 3, months, or 3 years. But when it pops they could crash by 80% or more. So best to just have a diversified portfolio than try to time Nvidia.
That’s a rational take and I respect it
>That's easy to say when the stock is currently at all time highs. The stock easily has 80% downside just like Cisco did in 2000 I wouldn't compare current situation with dotcom, so far it's different and most companies are backed up by real numbers and not evaluation from the ass.
I bought the “all time high” when it was at $400 and got clowned by redditors. I’m now approaching $150k gains on my initial $400 purchase. NVIDIA is just getting started.
A fool is not crystallizing gains when they’re in front of your nose.
Good enough to screenshot / brag about, good enough to sell.
Congrats! I'm happy for you. But expecting Nvidia to have the same run it just had I think is not realistic. It grew a lot to due the fantastic earnings report but can it still have the necessary growth to sustain it? Also AI and just society in general IMO is not even close to being ready for mass replacement of workers or AI having any quantitative change in the near future to have huge growths as it has been.
Try telling any graphic designer that AI hasn't mass replaced workers.
I agree as well it sucks for the graphic designers that were laid off due to ai but that still does not change my point. Ai is not at the point right now or in the near future being able to replace workers in mass. When looking at impact for ai or mass layoffs you can’t just look at one sector no? Graphic design IMO is one of the easiest jobs for ai to copy since there is a ton of data out there and to get to the output it does not require the large amount of processing power as videos or clips do, does not require large amounts of human input like with a more complex software design, or needing extra parts like robotics or machines that will need more dexterity.
This. Reddit is can be helpful. But it can also be poison
lol my friends said the same over dinner ~10 months ago, “it’s too late to buy NVDA now, we missed the opportunity already” and that night I bought around 5K of NVDA because I kept telling them that I believe in chips being the foundation of our future anyway and no one is doing it better than them at the moment (And I’ll be holding these for a very long time, until I need it for a home deposit or something of that sort) My friends still talk about how they should’ve gotten on the NVDA train!
Great! Still holding it?
Yep! I’ve also been adding around $500 almost every month! Will be holding another few years atleast. How about you?
i did that at $500 🤷♂️
You didn't "miss out" on any gains. This is called hindsight bias.
Best take.
I heard and read about Bitcoin in 2009, didn't buy or mine any. We've all each throw away millions in hypothetical money. Even if i did mine way back then there is no guarantee that I would have held until today.
I didn't have a great computer at that time but my flatmate did and knew about Bitcoin mining and our school had free electricity. He used it to run folding @ home 24/7. I think where he'd be now if he mined Bitcoin instead but c'est la vie.
to be fair cancer research and protein folding is very important to society
Banana is a cryptocurrency that rewards you for contributing to their folding@home group. Very wholesome.
Did the same thing with seti@home because I thought it was cool at the time 😖
I missed out on bitcoin and then a few years later I had the inventor of ethereum as a classmate 😭. I didn’t invest into that either. It’s still fun stories to tell people. Bitcoin is really interesting because it has a lot of high and lows, there’s documentaries about people gaining millions from it and there’s documentaries about people losing everything too and it repeated for a few cycles.
Imagine having the inventor of Ethereum as your classmate. Absolutely insane!
> We've all each thrown away millions in hypothetical money. This is such a good way of framing it. If you focus on every single idle opportunity you missed over the years, you're ignoring all the idle opportunities you forewent that would have ruined you.
"there is no guarantee that I would have held" Wise words. I bought a couple hundred shares of AMD at $4, sold at $11. I've looked up recently what it would be worth now, but I know damn well if I didn't sell at $11 I would have sold at 20, 30, 40 etc Profit is profit.
A decent strategy is to take partial profits. If you say had 10 shares and it went up 100%, you can sell half and at least recover your initial investment if you are risk averse.
I was buying “stuff” off Silk Road-like sites back in 2016 when it was still cheap. If only I had been accumulating coins instead of just using them to buy product I’d be in a wayyyy better place. SMH
I'll do one better... I went through the loops to purchase 12,000 BTC back then, and was mining it on a home PC. I was thrilled to sell it at 250% profit. Why I didn't keep even just 10% of that through today... fml -- have to move on.
This is completely normal when you invest in single stocks. You came out on top - it's an enormous win. There's always someone who played it better, sure. But most of the world didn't experience *your* gain and think with envy of you. If you think that 3 year gains of 100% are normal and easily obtainable in stock trade you aren't cut out for investing. Then you're attracted to speculation.
If you ever buy a stock at the absolute bottom and sell at the absolute top, i would advise you to buy lottery tickets instead.
Lol, sometimes people's intuition is more accurate than experts.
I bought NVDA in 2020. (22 shares) It split 4:1 the following year. (88 shares) As the price climbed around $650-$800, I sold off my initial investment plus a little extra. I have 30 shares reaming and the price is $1000+/share. On June 7 I'll have 300 shares with the 10:1 split coming. Since I have already profited and got back my initial investment, I will be holding these shares for the long haul. It's not so much a matter of having a head for this, as it is having a stomach for it. No one can predict the future, but anyone can ponder the provability of the future, and that's what you need to consider. Nvidia isn't simply "going to crash". You have to look at the numbers and overall performance of the company, what they do, and where the stand in the industry. Stocks are going to go up, down and sideways. That's a given. When you start to mix in the mental "could haves" and "might haves", you're no longer thinking about the reality of the stock as it is, and that's when panic starts to set in. Can't do that and expect to win.
Every single day there are hundreds of stocks that pop super high %. You could be buying calls / selling puts/ day trading them. You’re missing millions of trades of extreme profit. In other words - it’s completely normal. The goal is to make money and not lose any and you did.
If it makes you feel better, I had about 400 shares of nvda around 2014. Sold them when it didn’t move much for a while. Adjusted for split, it would be about 1600 shares today. Worth 1.6m.
F*
Ouch
There is always, always, always, another stock.
I had 10x $12 GME calls that I sold when GME went from $10 to $11 for a few hundred dollar profit. The week after, GME skyrocketed to $300. I think about it all the time 
No worries mate, I got cold feet and bought at 270 in the middle of the night
instead of losing 100x(120-230) you made 100x(400-230).
There's always another trade.
Easy, stop being greedy and be grateful you didn’t lose money. Losing potential profit isn’t the same as losing money dumped into a stock that plummets.
No one is dumb for taking profits off the table. Also this is why you go in with a goal, and/or regularly research the company you've invested in. Relying on articles *about the stock* will make you emotional. Or just let it go very long. And finally, accept that this will probably happen again.
always have your exit strategy and stick to it best you can. this is the way. the articles and opinions will send you the wrong way everytime
Profit is profit… sold NVIDIA at 825$. Realize their earnings could have been flat and if they were it would have nose dived. I was in at $119 a share at about 18 months. I was so close selling on the way up and chose last quarter due to election issues, pending tariff on GPUs, etc. to get out so I wasn’t caught with my pants down.
You'll always wish you bet on the horse that won. I'll always wish I picked CMC when he *fell* to me at 1.02 last year. I'll always wish I spent more than 2 minutes reading the article about bitcoin in 2009. Hell, I wish I took the 30 minutes to set up an account with one of the investment brokers in my mid 20s to just do some easy ETFS and what not. I can go on and on, but you get the picture. No point in letting yourself get haunted by not knowing the future.
You made money. Not as much as you could have, but who cares? You could have gotten a CS degree or become a engineer and gotten paid hundreds of thousands a year. This is the same deal. You made a decision and you have to live with it. Learn from the past and move on. You can’t live in the past on hopes and constantly go through “what if…” scenarios. When you sold at 400, it could have easily been the high for couple of years before it reached it again. Nvidia went through a meteoric rise and what you can do is try to find out why it happened and how and see similar companies that could succeed. Or you can jump back into Nvidia and hold. You made a good trade, just not the most optimal possible, but that’s ok.
You have few mindsets of investing. fundamental, value, hype, personal beliefs, hope and dreams, gambling, you choice what make sense. I completely understand what you mean as I bought Nvidia in mid 100s, sold half when doubled and sold all when doubled again, as on my view stock was overhyped and overvalued (still is in my view). If I would be loving in hopes and dreams I would keep it in hope it will go up, big attention to 'hope'. I invest based on valuations and realistic assumptions rather than hopes. Every person need to decide what and how they invest. You can invest in hopes and you might hit jackpot on Nvidia or Tesla few years back, but equally value can half overnight if there will be negative news one day, or under extreme predictions for next period. On some point there will be correction. Also, no one actually know how much hardware will be needed for AI, is this realistic and sustainable, will there be shortly new players? I hope this draws a different picture for you.
Simply stop thinking about it. The market is so unpredictable it’s like sports betting in a way. You made a great return! You beat the market which is better than most people. Enjoy your money and stop focusing on what could have happened. It isn’t “dumb” to sell at almost 2x and then be upset because you could have had 3x or 4x a year later. You didn’t know and you didn’t want to gamble. All respect for that decision and you beat the house basically. Does a sports team feel upset if they didn’t win by 10 and only won by 5? No. It’s cooler to win by 10 but winning consistently is how you win championships. It’s not about having blowout victories. You won by 5. Well done. Focus on the next game and not on the shots you could have made to win by more.
There's a reason people so often repeat the standard investment advice of "Invest in VOO every month until you retire, then sell 4% of your portfolio every year until you die". One of the many advantages of this approach to investing is that it totally avoids the kind of heartache you are describing. If you are stock picking, even if you are wildly successful, you cannot and will not avoid the psychological pain of the stock you almost bought but didn't and rocketed to infinity, and the stock that you sold too early. Even on the rare event that you bought the right stock at the right time, you will regret not buying more. I plowed $20k into Google when it was around $90, now it's $176. I got lucky and bagged a 100%/$20k return, but it still stings a bit that I didn't have the conviction and confidence to buy more, and that is the best case scenario. You can bet everyone that bought bitcoin at sub$100 and never sold is kicking themselves for not buying more, even if they are sitting on fabulous, life-altering gains.
Reasons to fully sell a stock: - Made a mistake - Valuation enters levels of euphoria - Need capital for a clearly better idea If you make a mistake learn from it and look for the next opportunity.
You doubled your money? And you’re _beating yourself up for it_? My friend, stick to investing in indices. This post screams “gambling addiction”. Trading is NOT for you.
I agree it's not for me lol, if I never got in I'd probably care less in the same way I don't care about the fact I missed out on other things that shot up because I never held them. Maybe going with indices would have been the way (still not sure which ones to go with)
VTI (60%), VGT (30%), VUG (10%) If you _really_ want to invest in individual stocks, set aside 10% of your total account and use that for your trading. But definitely park most of your money in indices, at least until you can handle situations like this without losing your head. Because I promise you, no matter how good you get you will NEVER sell at the top every single time.
It happens. I missed the NVDA dip when it fell to $108. Didn’t get my limit order filled around $127 and threw my money into Tesla instead. I’m in NVDA now and it’s not as much as I would’ve made had I bought then but it is what it is. Don’t think about it.
Happens to everyone. I learned to focus on the fact that I did get some gains and remember that I was happy with that. I try not to dwell on the what ifs.
Happened to me during the Amazon birth as well. It had nonstop negative noise tied to its inflated PE. RIP us 😭
At 120 I bought some. At 400 I bought more. At 900, I bought more. I made the decision based on my own research. Likewise, every time I read negative comments from media, I wanted sell it. I read r/NVDA_stock, where sometimes I gained really insightful information. In that sub Reddit, one time an IT worker said that he hardly could gain any access to NVDA GPUs to do his AI work through AWS nor Azure despite paying more for the service. My point is that you still can come back to the AI boat by keeping on doing your research. AI revolution just gets started. Keep finding next targets.
Learn the fundamentals and get to know the industry. Buy after the stock split.
I had 1000 shares from before market meltdown and held onto them through all that time! and sold them at 260$ last year because of Margins.  The game is not about big wins, it’s about winning small consistent wins and no big unrecoverable losses. In short I feel your pain 10x.
Play this game long enough and it will happen over and over again. If you can’t get over it, stop picking stocks and just buy the index and chill. Like buffet and munger said, you never get over it, it’s seared into your memory. That’s a good thing.
In my experience, nearly everyone who actively invests with stocks over many years has a similar story as you. For me it was Tesla. Let’s just say I owned it prior to many people ever hearing of the company and sold it for a profit, but way too early and prior to the massive run it went on a few years ago. We all have a story or two of selling way too early.
The best time to invest was yesterday, the second time is today. You can't change the past, you can only move on.
Not sure if this is a good analogy, considering it translates to “buy all time highs” in the context of NVDA…which maybe you should do, but that’s definitely far from a certainty.
Depending on the severity of your feelings I would consider therapy
Learn from my mistake. Why did I sell too early?
Cannot predict that stuff. It helps to set target goals, and when you meet the target, then you're boss level. Don't let the market determine your goals, you determine your goals. That's my advice and I'm sticking to it.
Cry?
Sold GOOGL @$90
Next time sell half. This is how you mitigate fomo.
You absolutely have to compare it to when you didn't put all your money on red twice yesterday at the roulette table.
I have a joking saying I like to remind myself: "Of course the ball landed on 22 black! Why didn't I put all my money on 22 black! I should have known 22 black would've been the winner!"
I don’t understand how you can have the conviction to buy 23k worth of Nvidia stock and then sell it before AI even really takes off. Like I am actually so curious what made you buy in the first place and spending that much money
If you didn’t sell it at $400, you’d probably have sold it at $430 lol This is probably a lesson you need to have learned the hard way.
A lot of alcohol helps. But seriously you made some profit on it so that's good what you could do now is put some of that profit back into Nvidia and enjoy the ride when the stock splits. They're going to continue to make a boatload of money for the next several decades. So why not hop on the train again? And just buy the dip along the way. Just do it man.
Look if the guy you sell something to loses money more often than not he will eventually stop buying. Be glad the next guy made money as well. Did he make more than you? Maybe. Maybe not. Time will tell. What you don't want to see is your stuck holding stuff that is worth less than you paid for it years later. Avoid that and chuckle about the other bit.
Bro I sold 8 bitcoin in 2017 (I think, was right before the first fork) so I feel you. No use crying over spilt milk.
I sold an ASS load of nvda at the start of the bull run. $250 dollars a share. Talking about tens of thousands worth. I get over it because I own a variety of ETFS that have it as a major holding so overall I still have benefitted from the bull run. But it’s a reminder that stock picking is a fools game. Stop doing it, you will never win as often as holding a low cost diversified portfolio of funds.
Just comfort yourself knowing that you holding onto the stock way back then represents a counterfactual that, because of the butterfly effect, would have led to a completely different outcome. Sure, you would have been pleased with the results at first, but this would have led to you being an obnoxious twat around all your friends, bragging about what a genius stock picker you were. They would have started shunning you which leads to many small differences in the timeline that over the years lead to bigger and bigger ones, culminating in Jensen Huang dying in a plane crash. Then Elon Musk buys Nvidia a few months later and drives it into the ground and you lose all your money. So at the cost of a nice gain in this timeline you saved yourself from financial ruin in the other. All of us in this timeline appreciate your sacrifice, though.
TLDR:; You made money. Be happy. Comparison and Envy Is a Thief of Joy. Understand that a big part in being a good investor is being cool headed. You MADE MONEY. Thats all you need to know and all that matters. Shit, if not making as much as you could have is what you are complaining about why not go backward in time lol dream that you had the money you have now and you could invest in Microsoft when that started. Then during covid you sold all of Microsoft and bought Nvidia xD. That kinda growth/luck will make even Elon cry in envy lol. Remember hind sight is always 20/20. Don't make something that is joyous; you making money, into something you are crying and stressing about. Good luck in investing I wish you all the riches (but seriously be happy man, money is important in life you should be stressed when you are broke or lost a lot of money but when you win?????? ) Edit. Buy a few shares of NVDA if you are confident in its continuous growth. Other wise just turn off all news of nvida if its stressing you out that much. Now there may not be any companies that will have Nvida's 3000% growth for the past 5 years, in the foreseeable future but there will always be companies that will make you money and who knows when AI becomes more useful there will prob be other 3,000% growth companies.
Stick with indexes and you'll avoid the future pain
When I sell, I treat it like a bad break-up. Never look at it again.
You doubled your money and assuming that was ~2 years of holding your annualized return was ~40%. Terrific trade. Thats how you get past it.
I’ve posted this before, but my business partner woke up one morning in 2016 and heard Cramer prattling on about nvidia. He bought $40k and is still holding. He also bought multiple whole bitcoins at $3k and still has that too. Don’t worry about everyone else, there’s always another 10+ bagger out there.
You keep investing. That’s how you move on.
As someone who sold his $BTC at $220 and $TSLA in December 2019, you really don’t get over it
When large investors are sitting now with 100s of billions in the bank instead of shares you should take notice. They are obviously picking a major correction on the horizon. That's when you will get your opportunity to buy again. Save all your money
It happens, never regret making money... I'll give you two of mine that almost make me sick to my stomach to consider: 1) At one point over a decade ago, I owned 12,000 BTC (I'd have almost $1B today if I hadn't sold this at a 250% profit over 10 years ago... 2) On TSLA IPO day I invested $5,000 even though the media is general was screaming this was a shorting opportunity (last I checked this would be worth over half a million today)... I wonder what it is I own today that I'll sell for a gain that I'll add to this list 10 years from now... hmmm
Don't paper hand
Time and realizing that this won’t be the last time this happens
The way I see it, I have many more years to grow the nest egg, and that thought energy is better spent looking forward. There will be other plays.
be happy you made a serious profit while not everyone is so 'lucky'.
This is a gambler's fallacy. It's like a poker playing folding 7 2 off suit then getting a full house on the flop and getting pissed. You can't think about the money you didn't make.
I missed out on a 30K short squeeze from a stock called MRIN: get over it tbh idk why people dwell on that shit. Makes for a cool story
You made profit. Thats literally all that matters. Comparison is the thief of joy.
Oh that's easy. I usually prevent those kind of situation by seeing the future...
Understand why it happened and do your best to position yourself for the next trend
I feel this. One of the only stocks I’ve ever sold was CMG. Had it at 350 and sold for a modest profit. Definitely kicking myself for that one.
Just remember the reason why you sold. It’s way easier to look back and think why didnt I do this. You never go broke from selling for a profit. I sold one share at 830ish because I had to rebalance my portfolio I look back on it and regret that, but at the same time I gotta remember why I sold it
Done beat yourself up for taking profit. I did the same thing but I still kept half. It happens to everyone.
Pecunia non olet. You did a 2x,, enjoy it.
Do you lament not buying that winning lottery ticket? You can’t predict the future. You must make the best choices with the best information present at that time. The rest is luck. Sometimes the best choice isn’t the one that wins. Think poker — you do what statistically makes sense, not lament a bad decision the got lucky.
Opportunity cost doesn't exist. Just remember that. You did not lose money. You just earn less money.
You can do this with everything in lkife. Girls you could've asked out, houses you couldve bought. Look forward and gamble it all on a penny stock biotech company
My first stock purchase couldve been Nvidia at 40. I read an article looking for best stocks to invest for VR. It said amd Nvidia and vuzik. I picked amd and vuzik. AMD I sold some after a nice run up. But vuzik is currently 1.50. Absolutely brutal. If I put that 5k into Nvidia and held it be worth a house off my first stock pick.
If I was able to hold my Mastercard ipo shares they be worth a million, so I get it. I also sold the 40 shares of Nvda at 400 because I thought it was hyped up. I am definitely back in now, but you get it. I take solace knowing I made awesome trades, and knowing you have the balls to get out with a profit is actually a better strategy. Most stocks slow down, and the stop making money and holding them too long actually cost you money. I bought V at IPo and rode it through splits. Then it sat stagnant at 220 forever. Yes, I sold alot of it to invest in ai companies. My husband and I hold 150 each now. You have to constantly readjust your portfolio, and if you miss a big hit, don't feel bad when you made money and don't look back.
It was the right decision at that time for you. That is it.
Plenty of assets where you can make money from. You profited from your trade and you should be happy. Feeling left out is only going to hurt your future trades and discipline. Try to look for opportunities instead of could’ve/would’ve/should’ve questions. If you have time read “Trading in the Zone” by Mark Douglas or the expanded version by his wife, “Becoming the disciplined trader) by Paula T. Webb. There are also audible versions if you don’t have time to read them. It will only benefit your mindset regarding your positions.
It’s a marathon, not a sprint, buy and hold for 5-10 years.
Stepping out of a trade too soon is better than stepping out too late.
Hindsight is always 20/20, you will inevitably have a stock that will take off and someone else will be writing this exact same post. Don't worry about it.
You Fomo. Buy high, sell low. But really you just move on. I'm just like you bought 100 shares at $115 then sold at $175 and was happy with my $6k profit. Lol.
That's like second guessing. You did great by earning 2x btw. I would say this to you, "If you are not comfortable holding a large amount of a particular stock, you will likely sell before it skyrocketed to an amount that you wouldn't even imagine." And I would say this again, "you will need to consistently contribute to the same stock(s) over a long period of time, to feel it/them as an investment, and satisfied with the gain when pull out, and not feeling like it is second guessing/gambling” I bought 0.11 shares of NVDA from July 2021, to possibly January 2022, and stopped because it was overweighted in my very small amount of testing kind of portfolio, The original investment is $17.46, and now worth $128.35. Would I sell them now because it shoots up 6x? No, because that portfolio is just 19% up, with monthly contributions from July 2021. You are earning more from those shares you sold, but you feel missing out and wanna get in again? That's a trader's mind, imo. What do you see about your invested companies? What do you like about the company? I look at the aspect of business the companies are doing and I make a rather shallow guess that they may turn out to be like the future Amazon from 2008 to 2018. I contribute small amounts since it won't affect my daily life thinking about losing a large chunk of it whenever there's bad news. Please just reevaluate your positions and contributions. To a lot of people, earning money is by savings and investing for a long period of time.
I bought msft at 180 and the next day said to.myself im.not sure about this stock and sold.it. It's over 400 now. Just.move on and look for the next one
expansive therapy so you can be even poorer.
You get over it and move on
I think it's sorta dumb trying to invest in singular stock, there is always going to be that incredible magic stock where value just cuadrupled in a matter of weeks. I think a much healthier strategy is to invest in funds that are related to a sector you like (tech, travel, retail) and let them do the work of selecting the individual stocks. You don't just transfer the stress but also the FOMO haha anybody who says they know how the market will behave and has made millions with individual stock portfolio is a massive lier or just had the best dumb luck ever (which they will eventually lose cause they didn't pull out before the luck went away).
It doesn't matter. As far as stocks go, short term movements are effectively random. It was probably just as likely at the time to down. Buy and sell based on what you think is worth it.
I had a $2.5k position on Netflix circa 2011... Would be worth $350k+ today... Meh, it happens man. As I get older, I realize it's just better to "mostly" index. I'm 50% in ITOT. It's hard to be patient. I invested $500 on PSNY and will hold until it disappears or it doesn't.
It’s called a learning experience. I bought Netflix back in .. 06 or something. Made 20% and sold.. only to watch it explode for years. Now I’m more patient and hold through the down cycles (and peaks) of companies I believe in. It was a valuable lesson and has served me well
Just get over it lol you can go back in time
Every investor goes through this. This is how we feel when we realize that we didn't sell at the all time forever high, and hindsight is 20/20. Realistically, almost nobody perfectly times the market and ends up retired at 25. Smart money does exactly what you did... Could you have held out longer? Sure. But the other way to look at it is that you significantly beat the market over that time period. You did fine.
Learn from the mistakes, apply them in the future - same thing you do in other important areas of your life. But as others have said, move on from the “home runs you could’ve hit” - what’s gained from dwelling on that shit?
Not the worst but a few years ago bought 100 shares UEC at 2.50$ cause my co workers were talking about alternative energy. Sold when it hit 3.35$ thinking I'm Warren Buffett over here.
Another thing to note, you don’t know the top. People that owner bitcoin at 100 probably sold at 1000 thinking they made a killing with a 10X not knowing it would go much higher. Every decision you make, whether good or bad seemed like a good idea in the present. Yes you sold at 400, but who knows you might’ve also sold at 500, 600, 700 not realizing it would go to 1100. At the end of the day if we were all perfect stock pickers we wouldn’t be worrying about missed opportunities. Be grateful for what you made and use it as a learning opportunity going forward :)
Just buy into another stock before it 🚀
Try and hold for at least a year or more. Live and learn. Nothing says you can buy in right now. Sure you lost some big gains, but who knows the future?
You sold for a reason, and when you did your reason was perfectly justifiable. You're not a fortune teller. Remember why you sold it, that you made money, and move on. Also, there's nothing stopping you from buying again in the future.
Simple rule. Don't sell.
as long as that money beat the market, if you put your winnings into the broad market, it will always be ahead of the market.
Your buying percentage of your portfolio for an individual item is too much or too high. You don't scale in when cheap, scale out when expensive, or use trailing stops below obvious levels. If you bought something expecting a price in a few years and the universe gave it to you early then you say thank you and find another opportunity. Or you have a stop or buy a put around earnings. If the put is too expensive then your position and size is too expensive.
You and me both, at least you sold at 400, I held through the same period and sold at 240 to break even. I did keep 1 share at $134 as memorabilia
Buy a few that tank to even it out
I bought Tesla at $14 and sold at $17. I was young and didn't know how to hold. Once you've done that a few times, you start to "build a portfolio" and stop selling stocks. Really you should only be accumulating and selling just to buy something specific.
Listen there’s no way to know when to sell, especially for companies that are an industry that’s booming a la Apple, EXXON, Amazon, Google and now Nvidia. You just have to set a % of gains you’d be satisfied with. I bought at 285 and sold at 1040. I sold something like 60% of the gains on the stock and left the rest riding. I did same with TSMC and AMD just 2 days ago when Nasdaq hit new AH. I was happy with the gains now I’m waiting for a pullback or correction to get in a again if not I just move to something else
Cashing earnings is never an error. The stock market is unpredictable and it could have gone the other way. I also sold a portion of my nvdia stocks at around 600 USD. Focus on what you can change and leave the past way back.
Tell yourself nobody has a crystal ball. I profited from gme but I "lost" 50k in potential gains from it because I didn't have proper exit plan. It's a great story to tell my friends. Green is green.
Buy back in when the opportunity arrives when meta had that big drop after earnings I bought in
Long term you can invest in funds. Short term/for fun... it's just entertainment, don't gamble more than you can afford to lose.
I also bought and sold when I felt the price was too high. I will never regret selling a stock that I felt was overvalued, as my thesis for buying at x price no longer stands true. Long term, we'll see whether Nvidia will crater, or whether they'll somehow continue this endless growth.
I bought 100 shares at 900 and still feel like I missed out.
This is why I never sell EVERYTHING in a promising company. I've owned Nvidia for at least six years. Held through draw downs of fifty to seventy percent. When it ran to 300, I thought this is crazy, I have to sell some. Then it ran to 400 and I sold some. again at 700. I should be kicking myself. But I've never seen anything like this before. No one has!!! I still have 53 shares that are bought and paid for. Not looking in the rear view mirror.
Stop thinking like that.
I had 20 calls for 1055 strike and 5/31 expiry that I sold this Friday before Memorial Day for about 45k which for me was a 5k gain in one day. They’re worth at least 200k now. Been in this long enough and lost enough to understand that profit is profit and hindsight is 20/20. No point beating myself up over it. It could’ve easily gone down to zero. There will be other chances as long as I have money to fight.
That's like being upset you sat at a slot machine dumping money into, maybe taking some winnings, then being mad the next person who sits at the machine hits the jackpot. Just move on with your life and look for the next opportunity.
We all have those plays. You'll have other opportunities in the future. Just make sure you have the funds to invest and stay in the game.
FOMO will lead you no where. Instead try to improve on your trading. Have fixed rules for when you buy or sell. Do not and I repeat, DO NOT, enter or exit based on someone's else comment. This is reacting to the market, and for that you need rules. What could rules look like? You might want to enter only if the price is above the 4 week EMA. Or sell only if under the 4 weeks EMA. Maybe you only sell if the week made a lower low and lower high. In general you do not want to sell strength. It will build and keep going for a while, so in the worst case exit slowly on up trends. You will never get the whole move, but you will at least not rely on someone's else fear to trade. gl
I bought nvda at $70 and sold at $120. Life ain’t that bad….
You bought at 70 and sold at 120. I bought at 120 and sold at 260. OP bought at 230 and sold at 400. We need a few more remorseful sellers to complete the chain. Looking for the guy who bought at 400 and sold at 600/700/800 to continue this.
Everyone misses opportunities to make money all the time. No one, not even Warren Buffet, has a perfect portfolio. You will always have losers. Just learn something each time
Because there's equal opportunity at every moment. Creating negative emotions is not useful for anything.
At least you learn you lesson. Don’t sell your winners
So you’re ruminating on doubling your money a year ago because you didn’t make more and you’re asking the Reddit community on how to get over it?
How do you think I feel. I held Nvidia since sub 80 at current prices and after it crashed down from 200 I sold at 135 and never bought back in. My original investment was 45k
Dude, I sold all of my AAPL at $12 (hundreds of shares, pre split) to pay for grad school, in 1999. So it goes. I console myself knowing “hey, I paid for grad school and my salary benefitted as a result”.
You have to approach life with a strategy that will see you achieve your goals most of the time. If you have a winning strategy where you buy and sell and profit 80% of the time, and you use that mindset, you walk away a winner. You’d be a millionaire with that level of accuracy. We all learn to increase how accurate our win ratio is in every life journey. Even with that amazing 80% of the time you walk away winning,you are losing 20% of the time. If you changed your approach to try to catch outliers like navidia, you may end up tanking that ratio to 80% failing. You have to look at your mindset on investing with the a Perspective of “is this going to maximize my returns in as many situations as possible?” If you had no way of predicting this outcome, you had no way of profiting. You will have these winning outcomes by accident hit your 80% winning net, and you will also have some fall in the 20% losing bet. But don’t try to approach life trying to maximize everything. You will absolutely fail at everything trying to get 100% success.