Noob's US Stock Learning Notes 92

Money comes too fast, easy to get inflated

Made a short-term trade with lite, gained over ten percentage points in just a few days. It's really easy to mess with your mind. Plus, a few days ago, a group friend recommended an A-share stock, and in just a few days, it rose over 40% (I didn't buy it). It's really easy to make people lose their way. Today there's another recommendation, and I actually had the impulse to buy. I really shouldn't have...

Write a summary to calm down...

Following blindly, money comes fast and goes fast. Investing is a long-term thing; you need your own pace. Small bets are fun, big bets are deadly. Gambling tendencies must not be allowed to grow.

The recent hype has been a bit scary. I've taken profits on all the short-term stocks that looked good. Currently, I still only have 8 major holdings. If UNH can break through 385, I can wait for the 400 entry point. If Meta continues to fall, I'll add more at 595, 585. Currently at 6.5% position, still have some room. If MSFT breaks 400, I'll add too. QQQ and VOO have been rising so much I'm afraid to add. I'll wait and see. Anyway, I won't sell them. The corresponding domestic funds are also being DCA'd. The 455 limit order for BRKB hasn't been filled, so I'll just leave it there, neither adding nor reducing. NVDA hit a new high. I won't reduce the 10% position; I'll add if there's a chance. GOOG fell a bit today, so I added a little, mainly because I'm still a bit short of my target position, and the entry price is low enough to add a bit.

Calm down, calm down. Don't be impulsive. Impulse is the devil. Gambling kills.

The best way to control gambling tendencies, besides timely reflection, is more importantly, to separate funds into different accounts. I've divided my limited domestic money into N accounts (mainly because domestic trading is easy, and my US stock itch is limited by position size, making impulse less likely). Large certificates of deposit, money market funds, bond funds, equity funds. Each account has limited funds. Seeing the small amount in each account makes it less likely to go all in. Absolutely no individual stocks. If I have this thought again tomorrow, I'll beat myself up!!!

The securities account continues DCA into dividend ETFs and healthcare ETFs. Alipay continues DCA into US broad-based and dividend funds. Short-term buying of active funds, take profits when they look good.

Sleep, sleep. Weakness and ignorance are never the obstacles to survival. Arrogance is!