sparkly wrote:VituVingiSana wrote:sparkly wrote:Aguytrying wrote:you sell a share and the next trading day its up by almost 10%. inexplicable pain since I made my cash. I'm seeing 90's here. pure madness
Happens in a bull market.
Where rising prices lead to higher prices.
George Soros calls it reflexity in "the alchemy of finance"
Until it all comes crashing down!
And the crashing feeds on itself leading to lower and lower prices.
looks like I alighted at almost the perfect time. despite my best knowledge. that ka pain is now gone.
honestly when I put a sell order at 75.00 I didn't think it would go through so quickly and shoot above.
I can see why people get drawn to banking stocks, but I fear them. don't buy high, they will crash hardest incase of a crash
The investor's chief problem - and even his worst enemy - is likely to be himself