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u/Crafty_Inspection506

Image 1 — Got timed by the market and slaughtered by FOMO 10% loss
Image 2 — Got timed by the market and slaughtered by FOMO 10% loss
Image 3 — Got timed by the market and slaughtered by FOMO 10% loss
Image 4 — Got timed by the market and slaughtered by FOMO 10% loss
Image 5 — Got timed by the market and slaughtered by FOMO 10% loss
Image 6 — Got timed by the market and slaughtered by FOMO 10% loss
▲ 0 r/JustBuyXEQT

Got timed by the market and slaughtered by FOMO 10% loss

Hey y’all, you might remember my post from a week ago.. i just started investing a year ago and I scratched my urge to gamble for the first time when I been in ETFs solely since I started. i hope someone learns a lesson from my mistake.

I watched dram go up all week with parabolic gains and bought full port at pretty much all time high yesterday and got slaughtered overnight and at market open I was down a little over 10% until I sold around 1pm. WHAT WAS I THINKING!?!?!?!?

I wake up after getting barely any sleep for my 12 hour shift an hour ago and look at market did a V so I got double punched I genuinely feel sick to my stomach.
I did reinvest everything back into XEQT…

I was worried it was gonna drop more my girlfriend and I were emotional. This is a lot for us, wish I didn’t sell it wouldn’t have been so bad but I guess I learned an expensive lesson that I shouldn’t do anything but XEQT.

I was warned, don’t touch the stove it’s hot. I learned on my first non index fund that I’m an idiot. I bought high and sold low. Now I have to stick to just indexes as 10% is almost a year of gains I got lots of catching up to do in my TFSA contributions.

How do I cope with this loss, I work all night and barely slept feeling so sick to my stomach gonna have to deal with this alone all night.. any words of wisdom?
I need a hand to help me cool. or you can all make me a laughing (stock) HAHAHAH 😭

my post of FOMO a week ago : https://www.reddit.com/r/JustBuyXEQT/s/lsfiQTwADj

u/Crafty_Inspection506 — 1 day ago
▲ 17 r/JustBuyXEQT

For some context I’m a new investor I just started this year I have been 100% XEQT and up a little over 2%

I been eyeballing all sorts of stocks and other ETFS,
have been seeing stocks with huge gains. A good example right now is DRAM it is up 7% this morning alone.

I know slow and steady wins the race and there is next to no risk investing in 100% XEQT. I am young and in it for the long run but it feels like I could fast track my journey and that I am missing out.

Feels like I could be further a long and I shouldn’t be playing so safe, but at the same time I could have blown my balance knowing how volatile the market can be. It just hurts to see %7 gain in a couple hours when in half a year I gain %2..

How do I cope, any words of wisdom?

reddit.com
u/Crafty_Inspection506 — 9 days ago