Aug. 5 at 2:55 PM
$BE There is a phenomenom out there that is new. Many kids playing in the market with too much leverage, too little clue and way too little patience. Examples are the Scamium shorts here, Leopold, the many south koreans (apparently 62% of the 360,000 that lost all their invested money were below 35 years of age). If you are below 40, e.g. 30, just think how you were when you were 25, I still feel like every other year that I knew much less a few years ago. If you feel the same, that should tell you that, maybe, you do not know how everything works already - and never will. One medicine against that is really looking at fundamentals, reading a lot and looking less just at the stock, less trading and more patience - but also admitting when something went (fundamentally) wrong and moving on.
