Last year, I invested Oracle at the price of 300+ (without leverage). I guess you already know what happened next. Yes, I have been trapped until now.
For a long long time, I didn't want to open my brokerage account and avoided checking Oracle's stock price. I was simply avoiding facing the mistake I made.
After this Oracle thing, I became so conservative that I would only buy stocks in increments of a few hundred bucks (even though the data for those stocks looked great). I was eager to break even, but I was even more terrified of taking risks.
As you might guess, I still haven't broken even. Although I bought QQQ, SOXX and Micron at the lowest point this March (at that time I also truly believed the AI boom was coming), I didn't gain much because of my small positions
Recently, I read the story of **George Soros**. When **he mistakenly shorted Japanese stock**, and went long on American stocks on Black Monday in 1987, **he lost almost $1B in several days**.
**He felt frustrated and upset afterwards, and he escaped work by going on a vacation to South Africa.** But during his vacation, he occasionally open a local newspaper, and then his attention was instantly captured by financial news. So he immediately jumped back to investment.
**If even such a master can't avoid the negative emotions, ordinary people like me will inevitably get stuck.**
**This realization gave me a full check and retro.**
For the first time, I faced my fear, opened Oracle account and started to check all its metrics to decide what should I do next.
That's what I learned recently. I hope this helps anyone else like me who is currently feeling upset and discouraged by this volatile market.