Can't figure out if I went bearish because my portfolio tanked, or if my portfolio tanked because I've been bearish all along.
Classic chicken-and-egg situation here. Am I broke because I keep calling tops? Or do I keep calling tops because being broke made me this pessimistic?
Either way, the cycle continues.
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wrekt_but_learning
· 12-08 19:03
Haha, isn't this exactly a reflection of my daily life? The more I lose, the more pessimistic I become; the more pessimistic I am, the more I miss the rebound—a perfect closed loop.
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HalfBuddhaMoney
· 12-08 19:00
This is a self-fulfilling prophecy of tragedy: the more bearish you are, the less you dare to act; the less you dare to act, the more bearish you become.
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HypotheticalLiquidator
· 12-08 18:56
Risk control has failed, emotional feedback loop... This is a typical sign of a liquidation cascade. Bankruptcy → bearish sentiment → reducing positions → even bigger losses → even more bearish. The dominoes are already set up.
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PessimisticOracle
· 12-08 18:52
Haha, it's me again, the type of person who starts doubting life after calling short, then continues to call short. A vicious cycle for us working folks.
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RetiredMiner
· 12-08 18:44
Haha, it's true, a self-fulfilling pessimistic prophecy. People only started to turn bearish after hearing about the bankruptcy, and then it actually went bankrupt, and now they're even more bearish.
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fomo_fighter
· 12-08 18:37
I’ve seen through it all long ago. Mindset determines everything, bro.
Can't figure out if I went bearish because my portfolio tanked, or if my portfolio tanked because I've been bearish all along.
Classic chicken-and-egg situation here. Am I broke because I keep calling tops? Or do I keep calling tops because being broke made me this pessimistic?
Either way, the cycle continues.