So frustrated right now! (individual investment mistakes and screw-ups)

The actual Sijoitusvirheet - Osakkeet - Inderes forum thread seems to be intended for a deeper discussion of erroneous strategies and they haven’t wanted to flood it with “nooo why did I just sell” type messages. On the other hand, successes are usually slipped into the bought/sold thread or discussed more broadly in the portfolio yield % thread. So, to maintain realism about the annoying and sometimes even amusing missteps inherent in investing, let’s open up here, whether you’re :face_with_symbols_over_mouth: or :grin:

I halved my Smarteye (Smarteye AB) position during the tech slump at around 215 because I wanted to reduce risk. Today, being a smart boy, I sold half at 251 because “we’re about ATH and I’ll probably get it cheaper soon.” Feeling like a real winner :man_facepalming:

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Most of these threads should be discarded anyway, so starting new threads based on some nuanced communication differences is quite exhausting. Let’s not make this platform any more difficult to read, that’s at least my wish.

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I understand your point of view. On the other hand, it feels like forum members want more active interaction, so in my opinion, it’s best to have a few “chat threads” and keep the company-specific threads clean. The “share price changes, hype, etc.” thread might have brought Reddit-like playfulness to the forum, but on the other hand, it might have siphoned hundreds of messages away from informative threads.

If this doesn’t gain traction, the thread can be deleted fairly quickly, and any grumbling can be muttered while getting a coffee :+1:

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I bought DRCB @30.52 some time ago, now the price is @10.41 and the return % seems to be -64.96. Let’s see who can “beat” that. That feeling when it annoys you…

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I moved this to the “General” category so it doesn’t get mixed up with the “Stocks” section if someone wants to be stricter with their category choices. :slight_smile:

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Oh s,tana​:hot_face: I also have a whole bucket of this delicacy, but luckily my highest purchase was 16 and change. The bucket grew when I bought more at a lower price, but I haven’t thrown the axe into the well yet. What’s the hurry? Time will tell.

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Well, now that we’re getting to the heart of the matter:
THCB has risen nicely today - only 62.34 in the red now. THBR has not risen - 62.09 in the red. Heh, heh…

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THCB is barely in the green. If I didn’t have a lot of money tied up, I’d buy more at the bottom and wait patiently.

@Fuusiopoika, at what price did you buy those? Weren’t the peaks around $19?

I wanted to try my hand at US stocks in January. I freed up money by selling Sampo, Revenio, and some QT :zany_face:. There were nerve-wracking rallies with stocks where others made big gains, but I barely broke even. Some are still tied up in DCRB and Dermtech, both with losses around 30%.

I’ve already moved some back into more familiar stocks, and they’ve somewhat offset the returns, but just sitting on my hands would have yielded much better returns and sleep… :cold_face:

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My hands are reinforced with Hardox, they can withstand even falling knives. There isn’t much money invested in these, the situation is mostly comical.

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DCRB / HYZON, nuff said. I jumped in too early without proper research, against my own plan, as I’m sure many others did.

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THBR has been at its highest just under $15 and is currently at $10.70. What am I not understanding?

THCB bought on 1/2/2021 at 24.52.
There’s something I don’t quite understand here; the average price in the list is 35.43. I’ll have to dig into past data.
Addition: THBR average price in the list is 29.07?

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I quoted this message from the general thread (hope this is okay, @RahatonMies) regarding Voxtur :slightly_smiling_face: The same thing happened to me with Tecnotree. I bought high because I rushed and sold lower just before a rise. FOMOed back in, sold with a small profit just before another decent rise. The third time I got in was at ATH, and after the drop, I sold at a loss. I won’t touch it again. Although it wasn’t the company’s fault, the reason was found in the mirror :grinning_face_with_smiling_eyes:

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A few weeks ago, Evo hit my stop-loss at around 1080… the whole pot, of course. Fortunately, it dropped even more, and I started nibbling my way back in. I think my buy order missed by some negligible amount. Now I’m without Evo, and it’s so frustrating to watch it rise that I’ve started skipping everything related to the company.
Well, at least the taxman will be happy… my average price was under 600.

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Yes, I meant DCRB. Bought on 25.2.2012 at 25.03. The list shows an average price of 30.52? What’s the catch here…! Tuotto|690x55

I haven’t told this on this forum yet, because this is a totally silly thing.

In the footsteps of Lepikko, I bought some WSB/hype stocks, because I thought that stimmy money would flow into them. Well, it didn’t. I think the money for these came from selling Smart. Now we are back at the starting line, competing with the index.

“Don’t say anything, I know damn well” “I put my money into gambling, that’s my wild nature, damn it”

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Those average prices are crap :grin:. DCRB’s highest price was 17.76, so it’s been pretty hard to buy at 25.52. And the average price can’t be over 30 bucks no matter how you spin it :slightly_smiling_face:. So you’re not in the red that much :ok_hand: :slightly_smiling_face:

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Are you buying individual shares, where a €15 brokerage fee drives the average price this high? If so, the worst mistake is that you haven’t understood the significance of trading costs. I can’t think of any other explanation for your average prices.

I can contribute to the thread with my purchase of Lion Mobility at the peak of the Inderes hype during a workday, based on about 10 minutes of forum reading. I had cash for a small position on my OST (share savings account) and hadn’t bothered to find a target myself, so I jumped on the hype train where the stock in a low-volume share had risen over ten percent in an instant. The company has potential, but there was no sense in joining at a forum-inflated peak with insufficient due diligence.

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Yeah, of course it’s okay. I don’t know why, but some kind of phobia remains for these kinds of companies. I realized it’s best not to FOMO into any sector that doesn’t genuinely interest me. I also shouldn’t follow the stock price too much afterward, although I can take that as a learning experience.

But now, for my biggest investment mistake: I’ve made 188 stock trades this year. I wanted to be involved in a bit of everything during the bull market craze. Things have calmed down considerably since February, as the biggest hype (and my own enthusiasm for trading) disappeared from the markets.