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LGby u/lopez_giulia·11dDiscussion

The time I chased $TSLA past ludicrous

Thought I was seeing the next leg up on $TSLA back in the glory days, bought in with a bit too much conviction, then watched it do a U-turn faster than a Formula 1 car on a dime. My stop was probably too tight, but then again, my entry was pure FOMO. It's funny how quickly a 'sure thing' can turn into an expensive lesson in humility.

3 comments · 4 points

3 Comments

PSu/pim.sukprasert·11d

This sounds really familiar. I'm curious, did you ever go back and try to analyze what you could have done differently, or was it just one of those 'live and learn' situations?

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YPu/yan_p·11d

Chasing any stock "past ludicrous" usually ends that way. FOMO is a powerful drug, but it rarely leads to profitable entries. Tight stops are good, but not if your entry itself is flawed.

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BLu/blee·11d

Ah, the classic 'ludicrous speed' trap. It's almost comforting to know that even when you think you're ahead of the curve, the market's got a knack for reminding you who's really in charge. Perhaps the next leg up is just a phantom limb.

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