I sold Microsoft stocks during the downturn and it has risen a lot since then. I panicked a bit and sold a bunch and the regret is killing me. Anyone else in same boat as me? How do you deal with regret? Buy at higher price? TC: 270K YOE: 3.5 Update: Did some short term trading and was able to recover the money. Thank you all
Same here. Don’t beat yourself up though - there will be a dip sooner rather than later. Planning to re-enter in the lower 150s.
What did you do with the cash?
Ah yes sell low and buy high. That always works !
I held every share. I was close to exiting my position but held it. I was thinking I have enough unvested shares, but then I was like nah it will bounce back up. So happy I did. But it’s hard to time markets. I unloaded half my S&P500 positions in December sensing a market correction and frothiness. I bought back in a quarter of it at $280, but was like catching a falling knife, since it dropped down to $220. We all make mistakes, but you have to keep your head up as you made the best decision at a point in time, it doesn’t always work out.
I sold between 160-170. Needed some money + wanted to boost emergency funds. You can dollar cost average on ETFs if you are sure that you want to get back in the market
Wtf. You earn 270k and crying because you sold 75k . You lost what? 30k max? Its nothing
Well yes my TC is 270K which has risen gradually, but I don't get 270K in hand after taxes which you will know. And 30K is a lot for me still as I come from a humble background and haven't seen this much money until now
Seriously lmao, I make $210k and yolo’d 15k on spy puts and lost everything and haven’t even thought about it
Doesn't hurt to take profit
buy options and earn the delta ?
Can you explain what do you mean by delta? I am a noob here
I meant whatever profit u lost since you can invest in options you can earn more by taking more risk
15k is nothing when you are in the market even if you are from a humble background. Take the lesson learnt, keep calm during dips. Panic selling/buying always ends up on the losing side. I was in a similar position myself with options, lost 15k in a single day because of a hasty decision. But I have a good lesson now that will help me take better decisions going forward.
Definitely a lesson learnt. Thanks!
How much?
Around 75K worth
Not enough to lose sleep over.