That being said … ‘letting go’ is a skill that goes way beyond the stock market I think nugett.
And the horror of bailing out of a lithium company (not this one) once when I was a about 70% in the red and then surviving the horror of self loathing and loss that accompanied the act of crystallising those losses
(because I trusted that the price had further to fall - even after hanging on through all the other levels and throwing good money after bad by catching ‘the falling knife’ )- was an enormous lesson .….Even more so as I felt massive relief when the price continued to drop.….That story ended in me buying back in at a lower price and recovering my losses.
The lesson was empowering . And only came about through trust in the TA story there from someone whom I did trust had no agenda but to share wisdom.
Selling out whilst still in profit is indeed a whole different ball game with an entirely different set of psychological goal posts to frame further action.
Thanks for your post.
And this ‘game’ is indeed one of psychology apart from anything else isn’t it
cheers
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$2.58 |
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Mkt cap ! $7.768B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 190462 | $2.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.59 | 6931 | 2 |
View Market Depth
No. | Vol. | Price($) |
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21 | 190262 | 2.570 |
18 | 443095 | 2.560 |
35 | 296442 | 2.550 |
6 | 222082 | 2.540 |
3 | 3195 | 2.530 |
Price($) | Vol. | No. |
---|---|---|
2.590 | 6931 | 2 |
2.600 | 310620 | 5 |
2.610 | 644789 | 12 |
2.620 | 10762 | 1 |
2.630 | 61000 | 3 |
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