The Dangers of Chasing - My $AAPL Lesson

Thought I'd share a quick lesson learned, something I've seen countless times but still fell victim to a while back with $AAPL. It was Q4 2022, and the stock had been consolidating for a bit after a decent run. My original plan was to wait for a clear break above a certain resistance level, establish itself, then look for an entry. What happened instead was FOMO.

$AAPL started moving up pre-market, then gapped up and continued its run right at the open. Instead of sticking to my original plan and waiting for confirmation, I jumped in, convinced it was 'the move.' I bought the top of that initial surge, thinking I was getting in early. The stock immediately reversed, I took a decent hit, and ended up missing the real setup that came a few days later, a much cleaner entry that I would have taken had I not blown my capital and mental energy chasing that initial, unsustainable spike. It was a stark reminder that patience isn't just about waiting for the right entry, but also about resisting the urge to jump into something that hasn't met your criteria, regardless of how strong it feels in the moment.