Post by
lb1temporary on Feb 02, 2023 10:51am
De-risking operation this morning
Investing is a matter of effort, wisdom and .......luck.
I had the chance of just ending my options loading while the Q4 results disclosure happens. Huge return.
After the last upsides, a voice in my head tell me to de-risk my Bombardier's to have a more balanced involvment.
I sold many high valued options at the peak. The ''Chance factor'' again.
Whatever how high the share could go, I am happy with that moves.
I am still long but more comfortable.
Comment by
bicente on Feb 02, 2023 10:59am
when you make intelligent moves , luck follows ... well at least it's been my experience ... GLTA
Comment by
lb1temporary on Feb 02, 2023 11:10am
My experience tell me that the easy part of investing is on the buying side. Selling is the tough part. You have to fight with the irrational exuberance, the call of the gain and the call of not lefting money on the table.
Comment by
Truthifest on Feb 02, 2023 11:14am
When I have an aggressive options position, a hair trigger comes with it. Don't want to take a big hit.
Comment by
Truthifest on Feb 02, 2023 11:17am
Meant to add: another thing that takes among the most discipline, is to let the winners run.
Comment by
lb1temporary on Feb 02, 2023 5:45pm
The perfect timing of the selling this morning is the result of a sound understanding of the stock market and its dynamics .... Bullshit!!!! That is only bullshit ! I was lucky and the first surprised. Period. .....but I'll take it.