At the opening bell of stock market today l have divested 40 shares in JMH 400US$ and l have estimated the nett gain to be around $44. And now l realized l have divested it away at the lowest price of the day. Its price has continue to rise. l have given up the chance for a $125 nett gain if l have waited and offloaded it 3 hours later.
Will l suffer any seller’s remorse?
Definitely no; for the following reasons :-
(1) A little bit of greed is okay; too much of it then one becomes a greedy pig; waiting to be slaughtered.
(2) l prefer letting the next person whom l passed the baton to, to also enjoy the joy of winnings.
(3) l can already re-use the proceeds for other investment opportunities. The stock market is like a big ocean, one will soon spot another fat juicy fish swimming by.
Will l suffer any seller’s remorse?
Definitely no; for the following reasons :-
(1) A little bit of greed is okay; too much of it then one becomes a greedy pig; waiting to be slaughtered.
(2) l prefer letting the next person whom l passed the baton to, to also enjoy the joy of winnings.
(3) l can already re-use the proceeds for other investment opportunities. The stock market is like a big ocean, one will soon spot another fat juicy fish swimming by.
There will always be "what if" scenario hahaha
ReplyDeleteAs long as you have a plan and exit strategy, there should be no regrets!
Nobody wants to be the greedy pig who got slaughtered.
Agreeing with you; especially on exit strategy.
DeleteMoney Honey,
ReplyDeleteIf I can sell at intraday high consistantly, that means I can also sell at 52 weeks high all the time. Which also mean I can sell at the cyclical top for each bull cycle.
And that will mean either I am delusional or Master of the Universe?
I've bought and sold at intraday highs and lows before (pure dumb luck). But my record shows the other 99% of the time I'm off the mark :(
LOL!
99% of the time off the mark? l reckon you are just being modest here.
DeleteI comfort myself I buy and sell at a certain zone ;)
DeleteLess stress; less hard on myself.
On point 2, whenever l have booked a profit l am thankful to the person who had passed the baton to me and letting me to enjoy some winnings. And when l have passed the baton to next person l too am hopeful that he or she will remember to book the profit at some point of time to enjoy the winnings too; as in the case of JMH today and not be too greedy.
ReplyDelete