Not sure if this is the correct forum for this discussion, but how do you all avoid FOMO from such huge rallies?
I bought a lot of TSLA on margin at $160 and sold most of my shares at $250. I thought I made out like a bandit. It was the best trade of my life. I used the profits to pay taxes, go on a backpacking trip, close the margin account, and become totally debt free (aside from the mortgage.)
Honestly it improved my life significantly.
Still, now seeing it rise higher and higher, I’ve got FOMO and want to take another margin loan to jump back in for more profits. I reached the goal but keep looking back like I could’ve done more.
Is this normal? How do you all avoid this feeling?
Leave a Reply