r/baba
Sold baba and bought back again. Semi crying now
Author sold BABA at $130 during geopolitical tensions, bought back at $135, now regretting as BABA underperforms S&P 500.
- BABA is underperforming the S&P 500
- Author regrets buying back at a higher price than the sell price
So I dump 5000 baba during Iran war at 130. and switch out sp500 shit.
I later bought back 1800 baba at average 135. Regretting now.
All my sp500 shit are in green or deep green. Meanwhile baba is just red
baba going up in hk bro.
No worries it will give all back when it opens
A lot of my mistakes have come from overtrading. If you are thorough when researching what to invest in, you should stick with your guns and hold instead of trying to sell and buy on whatever news comes by, trying to time things
Some people say they limit themselves to a certain number of trades per month, makes you more cautious and diligent when placing trades
then DCA back to holding 5000 shares, sell off all your SP500 shit and go all in BABA
Incoming 40%
im cutting baba to about 5-10%. holding onto 50 options instead for the same return with much less capital. The current wind is blowing something else. China is still stuck in a loop on no returns.
I switched my shares to Chinese ETF still believe in BABA but tired of following their earnings.
100% if you know how or where to look
There’s plenty of opportunities out there
Especially in the b2b SaaS right now
I sold 10 puts on BABA, strike 120 expiry every month throughout the whole year. All are green now.
This is actually a good time to sell puts again.
you don’t have to pick one stock at a time? riskier stocks should be small percentage of ur portfolio so if it fails ur portfolio won’t suffer much. be responsible over greedy
The bigger problem is chyna stonk. They are cheap for many reasons.
How does this two linked, and link to the above?
I wish you lots of luck. I hope you make money.
I also owned SNDK, Micron and AMD. There are years that they don’t move much at all. And I don’t care.
You guys are so emotionally obsessed with the daily movement, as if the market is a person or has feelings.