Well, it’s actually good when something like this happens at the beginning, so you can learn as much as possible without losing too much. But have you ever asked yourself if you’d actually stick with this trading strategy when dealing with larger sums? And how would you feel if you took a loss? It’s always nice when people post about gains or losses of 300 to 400% and so on, but then you realize it’s just a few hundred euros—nothing life-changing. €6,000 is my normal daily volatility, so I’d have to invest at least a mid-five-figure amount in such stocks to even achieve a significant effect that justifies the effort. And then it’s also annoying when things go wrong. I’d rather stick with ETFs and boring stocks. Just my two cents.
•
99
•
@Solitair I totally agree with you. However, it’s always in the eye of the beholder. For you, €6,000 is daily volatility. For me, €6,000 is 15% of my portfolio’s value 😆
But I was thinking:
If a €6,000 position gains 20%, then I’ll make a profit of €1,200.
Sure, a 20% gain on a solid AI stock isn’t all that unlikely and can be achieved quickly, but the risk of major losses is very high.
My €24,000 ETF position, on the other hand, “only” needs to gain 5%.
Sure, the ETF takes longer to reach 5% than the stock does to reach 20%, but I can sleep better and more peacefully with the ETF 😁
But I was thinking:
If a €6,000 position gains 20%, then I’ll make a profit of €1,200.
Sure, a 20% gain on a solid AI stock isn’t all that unlikely and can be achieved quickly, but the risk of major losses is very high.
My €24,000 ETF position, on the other hand, “only” needs to gain 5%.
Sure, the ETF takes longer to reach 5% than the stock does to reach 20%, but I can sleep better and more peacefully with the ETF 😁
•
22
•