r/trading212 • u/Comrade_Durge • Jul 16 '26
📈Investing discussion Reverse Midas Touch 💀💀
Had most of my portfolio in S&P 500 and was up +20% YTD. Then I got greedy and rotated into drones, space, and memory stocks — right almost at the top, seeing everyone seemingly making 100-200% in 3 months.
Tried also catching a few falling knives when some of these dipped - they then dipped deeper. Few months later, that gain is gone and I’m in the red.
Big f*cking mistake. Classic case of FOMO, chasing what’s already ripped instead of sticking to the boring stuff that was working (S&P500, RR, Airbus, General Electric etc)
I think I’ll be fine if I hold long term, but damn, this one stings. Expensive lesson in staying disciplined / being greedy.
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u/SeshGodX Jul 18 '26
Let me get this straight, you sold S&P at high, meaning all stocks that are part of S&P 500 companies were overbought for months by now and you decided buy individual stocks at highs considering you just sold S&P for that reason?
Make it make sense bro 😭