(12-15-2021, 10:13 AM)Marknew Wrote: I sold all my stocks and decided this isn't for me. I have enough stress in my life with school and all. I took a huge loss but I can't afford to lose what I have left. Lesson learned. Once I get a job out of college I will have my IRA and and all to build. Right now I need the money so. Thanks everyone and good luck. I'm headed to the bar lol
Sorry to see you go and sorry for your loss. You got in the market and the wrong time. All tech was over valued and you listened to your friends and heard those famous words. "GET RICH QUICK" This market can be brutal when the whales are shorting and there's little buying buy the funds. Plus where now in tax selling late in the year. If you look at the 52 week low list there are 100's that were all high flyers and were all pumps. None deserved the valuations they had. In fact there are still over valued by lots.
I have some big losers as well like PYPL, SQ, And others. But I only went in small and what I could afford to lose. You went all tech If I remember. As they say don't put all your eggs in one basket
HOOD? Why lol