7Lun
It is important to reflect on your own experiences. 👍
Unfortunately, I have to disagree with your "Learning number 2".
Observing the market situation brings a lot of chaos into your own stock market life, you get opinions, warnings, there is simply ALWAYS something to worry about or even worry about. But in the end, it's the things that just happen that you've never heard of before.
As a tip: just make a few predictions yourself and write them down(!)
Pay attention to what market opinions you have in your head and why?
It is much more important to bet on a company that can come through different markets and survive a recession.
Don't speculate that any market environment will change.
I avoid market opinions like the plague, especially if they are negative opinions or associated with hype "if... blah blah, then..."
"this time everything is different..."
I am not attacking your strategy here at all, betting on "disruptive" companies can be quite lucrative and suit you, you have proven that you can accept strong fluctuations and continue despite high losses.
Wish you continued good luck & success, keep us up to date, I'm curious to see if new learnings are added 😌
Unfortunately, I have to disagree with your "Learning number 2".
Observing the market situation brings a lot of chaos into your own stock market life, you get opinions, warnings, there is simply ALWAYS something to worry about or even worry about. But in the end, it's the things that just happen that you've never heard of before.
As a tip: just make a few predictions yourself and write them down(!)
Pay attention to what market opinions you have in your head and why?
It is much more important to bet on a company that can come through different markets and survive a recession.
Don't speculate that any market environment will change.
I avoid market opinions like the plague, especially if they are negative opinions or associated with hype "if... blah blah, then..."
"this time everything is different..."
I am not attacking your strategy here at all, betting on "disruptive" companies can be quite lucrative and suit you, you have proven that you can accept strong fluctuations and continue despite high losses.
Wish you continued good luck & success, keep us up to date, I'm curious to see if new learnings are added 😌
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@Gerit my 2nd learning was also related to the situation of dealing with the market. Using the example that just because Paypal had potential in terms of numbers in the market at that time, it didn't mean that it would simply continue like that in the end the market environment ensured that quality stocks (Amazon, Google etc.) corrected downwards by up to 60%. I believe that it is certainly clear to everyone not to react to every piece of breaking news from ntv or der Aktionär with a change in the portfolio.
I agree with you on the other things. In the end, everyone can pursue their own strategy. Just because I am convinced of Amazon and Google doesn't mean that I am more successful than others and that's the great thing about the stock market - everyone CAN become successful with their own strategy.
I'm happy to do that! ✌️
I agree with you on the other things. In the end, everyone can pursue their own strategy. Just because I am convinced of Amazon and Google doesn't mean that I am more successful than others and that's the great thing about the stock market - everyone CAN become successful with their own strategy.
I'm happy to do that! ✌️
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