Oct. 17 at 4:04 AM
$ABAT $BBAI $MVST Trading Stocks ≠ Buying Companies
I held
$CHPT for two years. Week after week, it nudged up, then slipped back down. I believed in the company. Still do. ChargePoint leads its space in EV charging.
But belief didn't protect my portfolio.
Then came the reverse split—1-for-20, just to stay listed on the NYSE. That was my wake-up call. I wasn’t trading stocks anymore. I was holding a company, hoping it would turn around.
Hope is not a strategy.
Now I trade stocks. I don’t marry them. I ask one question: Do I believe in the short-term direction?
If yes, I get in. If no, I stay out. And once the move plays out—I get out.
Conviction is noble. But capital is survival.