I’ve been actively investing for about 3 years now. I’m new and the market is unforgiving and brutal, so my general process is I pick my horses, research the fundamentals, and should the company stick to those fundamentals, I decide whether or not I want to ride or die with them for say the next 10 years or so. And when I’m in, I watch for red. Blood in the water. But like a shark that takes a bite then circles their prey, I grab a few shares and watch for movement. Lower, and I bite again. Little larger bite this time. Then 7d avg <, I pump until it goes green, then I watch and wait again.
I always love the green days bc (obviously). And always despise the bears. For bringing down the value of my portfolio, for hitting a slide so hard that it dips red then falls off a cliff, and my poor stock stays in the dirt for months. And of course I’m holding on bc (1. I said ride or die, 2) I don’t sell low, unless I’m immediately buying another trusted asset that’s also low, and 3) bc I’m a BEAR – keep reading). The bears keep shorting, and I’m crying for my poor beaten pf. But I fight through the pain, and regularly dump money into (what feels like) sinking ships at the time, but over time has shown that if I picked the right horses from the start, for the RIGHT REASONS (cough no meme stocks cough) then once the bears have had their fun, no more pending apocalypse, etc etc the bulls are back, and they carry the stock back up into the clouds where it belongs for another rally, and (gods willing) rinse and repeat.
So bc I only invest when the market is red, and I kinda reeally want my assets to go red so I can buy more, I realized today that pretty much makes me a bear. Feeling like Clayton Bigsby rn and I’m a little disgusted w myself, but there it is. Comments? Concerns? Insults?
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