I think most traders will face this problem.. when the stock falls below your "cut loss" price.. do you sell and cut loss immediately or hope that this is just a fake engineered by the big guys who is trying to run the stops to force you to sell early only for the price to spike up later.. how long to wait.. and when to realise the drop is real and to really cut loss.... I guess retail investors like us will never be able to tell... That is my weakness.. To hold for too long... Even when it is obvious the train has left...
$VanEck Semiconductor ETF(SMH)$ Money is made in a bull market... But true wealth is made in a bear market... Aiming for bear market to make true wealth [Miser]
$VanEck Semiconductor ETF(SMH)$ finally heading in the right direction for better DCA value.. please continue the downward trend for a while more [Happy]
$VanEck Semiconductor ETF(SMH)$ Have been diligently DCA-ing into this ETF weekly using Tiger broker auto-invest tool because I believe semiconductor is an evergreen industry and will always be needed for modern society.. fortunately or unfortunately.. depending on how one look at it.. the counter has been bullish for the past 2 years.. so I ended up averaging up instead of down... Getting less and less share for the same amount of currency.. but I will continue to DCA... HODL