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For most people, attaining the intellectual clarity and...

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    For most people, attaining the intellectual clarity and emotional detachment that investing requires is tough.
    Guy Spier


    I refer to this quote as it poetically aligned the obvious that we are often oblivious to as we invest. Its dam hard at times to not get emotionally involved in an investment.

    Its funny (not really) as a shareholder, when a SP goes lower and lower, your emotional side tries to defend your initial action of buying by trying to convince your own intellect of how right you were, not how right you now are NOT.

    The share price is the fact you least accept, yet it is the only fact that determines whether your action to buy was the right one, or not.

    People often say, oh its the bots, it's a large seller, its manipulation, it's very undervalued might double up here, its a one off, it is on small volume, its the correction it needed.

    All are bulldust responses, trying to convince your buyin timing, don't care which stock it is, you have bought too high, it needs to be accepted, quickly, only then can you learn to not do it again the next time, or make plans to rectify the situation and/or limit any loss.

    Accepting defeat as quickly as you can stops more pain and loss.
    We buy to make money, how about buying to not lose much first.
 
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