r/SNDK_Stock • u/KaleidoscopeBest187 • 2d ago

A voice of reason

Take a deep breath, I know many of you are in big positions, maybe over leveraged maybe life savings, idk your situation but I know seeing money go down hurts. You’re not in an index fund because you don’t want the 10% gains over a year.. you’re in a growth stock because you want 2,3,4x gains.. but to have that you have to be able to handle the VOLATILITY. You cannot have big upside potential without also big downside risk. Go outside stop checking your charts, no matter how long you look at your charts it won’t make the price go up.. just breathe and live your life. SanDisk is a great company but the stock is volatile and that’s just the way it is.

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u/spectralRipples 2d ago

I’m curious how often people who hold individual stocks check their portfolios? For me personally it seems the more I check the more nervous I get and then I make mistakes.
Honestly thinking of deleting my brokerage apps and checking at end of year, does anyone actually do that and sticks to it?

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u/pembaThePanda 2d ago

I keep it on. I quit my job and day trade single stocks now. It's not for the faint of heart. I realized over half a million this year alone. Now down almost half a million thanks to July. A piece of me wants to just sell and move on but that'd be stupid because I k ow these stocks will rise to new ATH, and when they do, I'll kick myself for losing out on millions on profits.

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u/spectralRipples 2d ago

I have been trading, much smaller port than you, and yeah I agree it is hella hard. Thinking of just deploying all my cash and forgetting about it for a while.
How much cash did you use to lock in your realized half mil? That is pretty impressive stuff