'Missed gains are absolutely brutal to get over, and sometimes it takes a long time. But you’ll get over it, and if you found this one opportunity you’ll find others' WednesdayWisdom
Qualcomm made a lot of investors a lot of money this week when its stock surged on word of the chip maker’s long-awaited settlement with Apple.“Arminoxx” — his internet name — shared his “terrible nightmare” with 343,000-plus traders on Reddit’s “Stocks” board. “I just made the most stupid decision in my life, and I can’t really justify it to myself or anyone that I know,” he said.
Then, this week, he unloaded them — at a loss! — right before the news hit; a timing misfire of epic proportions. “I live in Australia, so I am mostly sleeping during U.S. trading hours,” he said. “However, I woke up at 4 a.m. and decided to put a limit sell order of $0.06 on my options to salvage my losses given that only 2 days are remaining till expiry, and went back to sleep.”
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