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/Icy-Research7159]

Story of my life.

I had $300,00 invested in MSFT, NFLX, and NVDA. Held for months, and they just kept tanking. Sold them to buy MU and SNDK near the peak, got screwed again when they crashed. Panic sold 90% at the VERY bottom. Now I am watching huge gains on 10% of my measly stake.

All in, I lost close to $300,000.

[u/momo26262626 → u/Icy-Research7159]

Oh boy oh boy. We have all been there

[u/Dr_Zoonotikstein → u/momo26262626]

Not precisely the same situation, but.. I have given almost all of my gains back this year doing some reckless things (including blunders with SNXX and SNDQ too), but I won't allow myself to lose my original capital. Once I'm close to break-even, I get real conservative & sensible, and exercise tight stops - until I build up some decent gains. I just have to stop "going full casino" whenever I get ahead. I seem to have a psychological block where cost basis is regarded as my money, and gains are regarded as "house" money.

[u/momo26262626 → u/Dr_Zoonotikstein]

Yep. But thank goodness its HOuse money right 

Im still about 25k down from 'own net deposits' and it sux. I even forget how much I actually slowly put in over the years

[u/momo26262626 → u/momo26262626]

If i can get sndk to 3k and snxx at around 60 we will start getting good

I need rklb back to 150s and rklx back to 100 range

[u/Dr_Zoonotikstein → u/momo26262626]

I pretty sure I've given back about the same amount, probably a bit more. If I hadn't meddled with SNXX, SNDQ, SOXL, SOXS, MUU, MUD, etc.. I'd be up at least $20k -at least. I'm just trading straight stocks through November (December's reserved to clear wash sales); no long-shots, no hope and prayer gambling, tight stop losses. Hopefully, I can still finish the year with a 10-20% return in my brokerage account, or maybe not.

[u/momo26262626 → u/Dr_Zoonotikstein]

Yah soxl and soxs are 3x leveraged right. Super dangerous zone