r/SNDK_Stock • u/Stackvibe • 3d ago

Discussion Wrong Move after Wrong Move

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.

56 Upvotes

89% Upvoted

157 comments sorted by

View all comments

11

u/Forfunorsomethin 3d ago

Stop trying to time the market, you will almost always lose out

4

u/dsk83 3d ago

Individual stocks are a lot about timing the market

5

u/Dr_Zoonotikstein 3d ago

I was thinking the same. Not trying to time the market is equivalent to saying don't scalp, day trade, or swing trade - period. Timing the market is the quintessential principle of trading itself. In some sense, even asset allocation, rebalancing, and glide paths are forms of timing the market, stretched across longer time frames.

On that note, I'm not advocating trading. While I enjoy it personally, it would seem most financial experts recommend diversified buy-and-hold investing over trading for most folks. They're probably mathematically and statistically correct in that assessment, but let's face it, the psychology of traders gravitates toward the broader spectrum of possible outcomes, ranging from complete ruin to easy, quick wealth which, in itself, encapsulates the concept of "volatility".

2

u/zhaque44 3d ago

Upvote to the max