$S92 - SMA Solar: Emotions are bad advisors in trading 📊
Sometimes the market is not irrational - market participants are.
Two months ago, I analyzed that SMA Solar was fundamentally undervalued was undervalued. At that time € 12-13accompanied by panic and irrational negative momentum. The masses only saw red figures - I saw an opportunity.
Someone (@Hannes_SK ) was highly indignantthat I didn't see the falling market and the political situation as a doomsday scenario as a doomsday scenario. He was so outraged that he even felt vindicated when prices continued to fall and wrote another post while I doubled my position. doubled my position (at €10 at the time).
Today? 16.50 €.
SMA has been above € 15 for a week - the fundamentals prevail, emotions are punished.
🚀 Market psychology 101:
- Those who are driven by panic or hype buy high and sell low.
- Those who remain rational recognize opportunities while others tremble.
👀 The moral of the story?
Opinion without substance remains opinion. The market only pays those who control their emotions.
Next time better keep a cool head,
instead of getting caught up in outrage and fear. 📈
