LogFAQs > #950634898

Nanis23 posted...

I know, which is why I am not doing this anymore. I just wanted to give an example of my beginners luck

My best gain (ever) was Teva after earnings in January 2020. I went in before the earnings with a whooping $30k. Teva killed it, and went from 9.17 to 10.54...in two days. Yes, I held $30k over two days.
Total gain was 10% and it was..nice

That day was my peak lmao. Everything after that sucked and the next time I tried was 10 days after that and I lost 20% doing the same thing
Then a few days later a market crash happened

I want to say "I learned from my mistakes" but is getting traumatized considered learning?

That depends on what you're learning. A lot of people lost a lot of money in the 1929 crash and what they learned from that was to never invest in stocks again, which cost them a lot of money over the next few decades as they missed out on big gains. It sounds a lot like the same may happened to you with the Feb-March 2020 crash.

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September 1, 2003; November 4, 2007; September 2, 2013
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