Secondary offerings have gotten me at least two times for 10% losses or more.
They have been happening in stocks that had been in bear markets for many years like coal and steel.
I really need to be wary of these stocks in the future. If they have flashed signs of weakness such as a high volume peak in the past and a recent very high volume up day, these are pretty clear signals that something fishy is about to happen in this stock. Get out while you can!
After a session of breath meditation and focusing which centered on my resistance of feelings, I had a realization. And it was that my mental habit could be limiting the way I all with the world and my problem solving abilities.
My habit is this: when I’m thinking about one idea, and my mind shoots out an idea that counters or seemingly conflicts with the original, my mind sort of shuts down. The ideas sort of “cancel” each other out and I just stop thinking about the topic completely.
Maybe what I should be doing is holding both ideas in awareness or writing them down and pondering them a little bit further. In other words, to reduce my mental laziness, and improve my mental sharpness and work ethic instead by breaking the habit of dropping these conflicts of thoughts so easily, and working on moment by moment discernment and knowing.
Afer doing some focusing, I realized the scared feeling I’ve been getting lately could be related to stocks. I’ve been really scared that I’m down so much recently and that this could affect my further and my dreams.
But I realized I only feel this way when I’m down big and really close to being out of the game because of my investor loss limits. However, if I were to have cut my losses very short and limit my risk every time, I would not be feeling like this. In fact I would have had to lose many times to get to this point. I need to cut my losses and more importantly define my risk before I buy, and stick to it.
From now on, for the sake of my own happiness AND for my and my friends accounts, i promise to limit risk to the T every trade, and get out right when I need to. It can Always Go lower.