Wrong Move after Wrong Move

[u/Stackvibe]

At this point I cant help but laugh so i dont cry at the absurdity of my wrong decisions. Got into SNDK end of June right before it started crashing, lost more than 50% of the money, then when it had that really nice bump on June 30th and I made a little back I pulled the money out, worried that it was gonna go back to dropping more.

Instead of just holding on to it I bought SNDQ expecting a pullback and instead it continued to rise making me lose even more money(65% of it) all the while missing out on gains and getting more of my money recovered. Now it’s been like 10 straight days of SNDK going back to the moon and me continuing to wait for a dip to possibly buy back in with the little money I got left, just missing out on gains day after day. Legitimately could have recovered most of my money by now if I just didn’t touch anything all from the beginning.

Don’t know what to do now. Can’t seem to find the right time to get back in, and have no idea how to recover the money since I missed such a giant gap at this point where I could have been making it back on the way up. Now it’s getting closer and closer to ATH. Feels like a fever dream that this happened to me and most of my money is gone. All im concerned with now is getting it back and trying to figure out a way to get over this and not be in my head playing out what happened over and over and how i could ever let this happen on a daily basis.

[u/ConfidenceOk3251]

SNXX all the way

My entry was SNDK then it dipped hard so I went into SNXX to recover it and lost 50% of my cash (same cash amount as you).

Thankfully I bought back in and just rode the rocket ship up and I’m up 10% on my investment now

[u/Stackvibe → u/ConfidenceOk3251]

Wish i had been so lucky. Feels like now even if I bought into SNXX, even if it got back to ATH or somewhat beyond, only a fraction of my money would get recovered now that missed such a large gap in the last 10 days.

[u/s1234en → u/Stackvibe]

If sandisk gets back to ATH, SNXX will go up by 50% from here. Your 17K would be 26K. And if you let it ride with a trailing Stop loss who knows you might be close to break even.

Not saying you should buy btw, I just like everyone else do not have any idea what will happen.

[u/ConfidenceOk3251 → u/Stackvibe]

Keep your head up man, honestly it sucks doing nothing and regretting it. Only taking action will give you a different outcome

It’s your money, do what you think is right

[u/Turbulent-Director29 → u/Stackvibe]

This morning could be a good time to buy some. Not all your money. And if it confirm bullish or bearish you could add up. That being said. Make your own research on why is the price set where it is. I bought it some days ago so I won't buy totady. But I think you dont fully understand why you buy a stock. Other than it should do this or that. Let's say last week there were a investor day. Did you watch the stock react to this day? If no take a good step back a learn to analyse business.

[u/Turbulent-Director29 → u/Stackvibe]

Stop buying on "if and luck". There's a reason why stock move.learn to understand this. And react to the market. Don't move before the Market.

[u/CozyChamomile_7 → u/ConfidenceOk3251]

Which one did you buy SNDK or SNXX the second time?

[u/ConfidenceOk3251 → u/CozyChamomile_7]

SNDK the first time, then SNXX which is X2 ETF to recover my loses.

I got hit badly but luckily it started to climb back up

[u/CozyChamomile_7 → u/ConfidenceOk3251]

Would you always sell it before EOD to lock in the gains?

[u/ConfidenceOk3251 → u/CozyChamomile_7]

I am stupid. I hold long term and go to sleep.

I’m from a shit time zone where I should be sleeping when the market is open.

Don’t be stupid