Same old stories: “I should have held”, “I should have sold”, sometimes it feels like the market does the opposite of our choices on purpose.
Even if I didn’t lose money (so far), I feel a sense of regret for some decisions that led me to lower gains than expected.
How do you deal with this feeling?
With my buddies we say “more money is more money”, meaning as long as you got a profit, be happy with it.
Posted by Hid3taka
48 Comments
The answer is revenge trading.
Drinking and masturbating to lose porn
Reacting to baked in results is illogical
Vodka and Percocet
Go outside and feel the sun, close your eyes and empty your mind, when you open your eyes, look at your house and think about what you have to do to clean up today
I think you should focus on what lead you to doing the act that you regret, for example, in my experience I have learned not to drink caffeine or use any substances while trading. Makes me jittery and anxious and not follow my initial plan. Definitely don’t revenge trade
I focus on what I do have rather than what I don’t. Also, it looks better when comparing to the S&P500 rather than your hindsight best. Lastly, I offset the regret by gaining a funny story about big money and wallstreetbets.
Just close your eyes and realize that there are so many regards that lost more than you ![img](emote|t5_2th52|4258)
Hookers and booze. Is there another way?
Shut the fuck up
NO RAGRETS
Sir, this is a casino
Buy regular shares and walk away for a while
You just have to be mindful and remember my friend, you are doing one of two things in the market; leaving money on the table or giving profits back.
If you have a plan, you execute the plan and there are no regrets.
Leave it behind you asap. The sooner you move on from what could/should/shouldn’t have been in the past, the sooner you can plan your next moves with a fresh and objective perspective on things. I found that to be pretty good advice for life in general.
*put pillow on head and shout* FUUUUUCK *put pillow down, then punch pillow*
*go out and touch grass*
Done, with occasional memory but don’t need to cope much.
Or
*shit happens, move on and fight another day*
You can’t regret any gains IMO. Easier said than done I know, but once you accept that the chances of you posting screenshots of 1000% gains for the regards around here to jizz their pants over, you can focus on taking smaller gains over and over. Get up 20%, sell and find the next play. Limit losses and find the next play. Sure you may get some good hits with huge percentage gains, but more times than not, you will hold out for those gains and watch theta eat you alive then you’re at a loss.
“I should have held” can be cured by realizing that every bit of market movement on any stock you didn’t trade, was technically “missed profits”
“I should have sold” can be treated by moving your stop loss into the green as the stock moves in the direction you want.
This is the number one rule for your set
In order to survive, gotta learn to live with regrets
On the, rise to the top, many drop, don’t forget
In order to survive, gotta learn to live with regrets
This is the number one rule for your set
In order to survive, gotta learn to live with regrets
And through our travels we get separated, never forget
In order to survive, gotta learn to live with regrets
You had a plan, you executed the plan. You know in the long run you stay benefited by following the plan you made.
Or
You never know the time you choose to hold it drop 8% the next day. Or when you buy a break out it reverse and bite you. Nothing is guaranteed, a profitable trade is always a good trade.
Need to change your mindset. Any move you made where you didn’t lose money is a win. Even if you did lose money, it’s a learning opportunity. You need to learn and rack up those wins. If you are worrying about stupid yolo shit making 2000% in one move….stop.
I play games, mosty russian roulette.
It’s part of learning how to lock gains, and realizing you can’t be omniscient. One way to not regret taking profit is to have a decently sized position so that you can take profit (for exemple the sum you put in) while keeping some of it to run, although that requires a bit of capital.
For losses I would say having a strict approach to stop losses in many cases will do you good.
It’s all just risk management really and everyone has to find the balance they see fit
There will be no shortage of trades to make, better to take some profits than risk losing money you can’t afford to lose
Think of this all the time. Espeically that If I went back 10 years and just bought SPY I would have more sleep and way more money. If you have 10 calls of something and up, sell 8 or 9 of them and let the remaining ride.
I jerk off to big tits and take a moment to reflect then go about doing my day. Not worth getting cucked.
Watching bigger loss porn to know im not that bad
I’m at the point where I realize you can only have those thoughts “losing gains” / “missing out” in retrospect. You made a decision at that time because you needed to get thinking about that position out of you mind. Since you can’t see the future in was the right decision at that time.
Don’t bother looking back.
One day, eventually, you’ll have those trades where you timed it perfectly in hindsight. When that happens make a post and keep those in mind 😉
You control alot less of your life than you believe. Humble yourself. Gain is a gain. When things happen a loss is a loss. You come back the next day abd do it again.
Lucky you did not hold INTC from 2015 till today.
This is more of a life question – I’m convinced there’s nothing more destructive than regret that sears into your brain and doesn’t go away.
I’m the specific context of trading though, you’ll regret a lot less if you were confident in your thesis going in. That way, no matter what, you know you acted in keeping with the information you had at the time to the best of your knowledge.
Forget about them.
A stock I sold last year is now +200%, meh can’t do anything about it now. Bought a stock before it got to it’s nadir, again, can’t do anything about it now. It’s over and done with.
It will go away over time! You will make mistakes losing money or missing out but overall it does not matter if you stick to your strategy.
The past doesn’t exist
Regrets always come from hindsight.
Learn to accept it. Don’t be too hard on yourself
By working more shifts in Wendy’s
Go give some money to someone who really needs it. Got to change perspective.
I should have held my 200 BTC. I sold them for various gains, mostly at prices in the low thousands. I regret that sure, so I reframe it: any gain is a win. Be happy you got that win.
I mean it happens, you literally can’t do shit about it. Accept your powerlessness and also realize there is always opportunity. Don’t be salty if you missed one, appreciate life for what it is and don’t let the MONEY rule you, there will be more if you stay mindful
Everyday the market is open people are making billions. Every second there’s moves on stocks you don’t catch. It’s happening all day. Every day. The trick is to relax and let go. These massive “millionaire maker” moves are happening all day and there will continue to be moves like this all the time. It’s ok to miss big gains. You’re constantly missing them. There’s no point in stressing yourself out because you got yourself close to the big move but didn’t profit. It’s ok. It happens everyday. A genius investor said something about investing emotionally. It’s a losing strategy. If you’re emotional or worked up that’s a very clear indicator that it’s time to take a break. Let some big moves happen and just watch. It’s ok. Once you’re heads clear and you’re not chasing it’s time to come back.
How do you expect to progress if you’re stuck dwelling in the past? Short term memory loss is favored when trading. Stay zen my friend!
Your dad could’ve held his nuts, but he didn’t. You are alive. That is the greatest gift and the biggest win that you have already hit, and now everything you get to experience in your life is an added bonus. Yes, they’re experiences and moments that you could’ve capitalized on or things could’ve been different, but the past is dead. Process your grievances and have yourself be available to the next one.
Being busy with the next thing I’m gonna regret.
Not a good WSB answer:
2 rules:
A. When I buy my minimum hold period is 3 years for the trade.
B. I sell immediately if my thesis changes.
Drugs,coffee,nicotine and more drugs
Reset expectations. If you start with the casino mentality – the house will always win and you will walk away with nothing – you are always positive, even with a loss.
It’s more like “I shouldn’t have bought that stock”, “I should have sold that stock”, “why am I so well regarded”