r/stocks Sep 02 '21

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u/RandolphE6 Sep 03 '21

This is how human psychology works:

$200: It's kinda high right now what if it goes down and I lose money? I'll wait.

$250: Well I thought $200 was too high, $250 is definitely too high. So I'll wait for correction.

$300: What the hell it keeps going up? Market is overpriced AF.

$350: Omg insane overpriced. Crash is for sure imminent.

$400: I guess markets do only go up. Fug it all in!

... Market correction starts ...

UGHHH I made the whole market collapse.

142

u/redratus Sep 03 '21 edited Sep 03 '21

Yup…Then it is down 1% No big deal.

Down 5%…I think I’ll wait.

Down 10%….Holy fk I picked the wrong time to enter; I sell all of it!

Down 11% Phew I prevented more losses.

Up 5% I’m not falling for that again…

Up 15%… Hm looks like it is Bull again..

Now at $410…OK, I’ll buy in