$Broadcom(AVGO.US)

Reflecting on the journey of being a naive investor in the US market.

I thought the US was an investor's paradise, but it turns out it's not. The US market is also a "meat grinder" for retail investors, and A-shares can be just as ruthless when they crash.

After entering the US stock market, I brought all the bad habits from A-shares with me. Frequent trading, all-in bets, and delusional hopes of finding unrealistic support levels to go long (with irrational leverage). It seems brave, but it's actually extremely foolish.

On Friday, I was ecstatic when Broadcom crashed (A-shares style), thinking it was a golden opportunity. I went long with 2x leverage at the 60-day moving average support of 357, only to get slapped in the face. The rational entry points were actually 324 and 304.

Last night, I fell into delusion again, setting a stop-loss at the 344 support level. After the stock seemed to stabilize, I bought back in, only to wake up and find the support broken again.

The position isn't huge, and I still believe in Broadcom's fundamentals. This loss is a stop-loss—I'll take it as a lesson. Investing requires patience: wait for weekly support levels, confirm stability on the daily chart, and abandon the fantasy of catching the bottom.

Currently, the 2x long position is down 15%. Damn it, I've never had such a disgusting track record even with A-shares. This is a lesson I must remember—don't defy the market.

Any fellow naive investors out there with similar experiences?