Jul. 21 at 2:16 PM
$MSFT NetflixUser, let me tell you a story as it might be a wake up call you need.
Back in 2018, when i was 25 I tried to be a day trader and boy did the Dunning Kruger effect get me. At first I made a killing daily and I did it primarily trading Match Group
$MTCH .
I had a strong conviction similar to yours on Microsoft and I had a trade that worked for weeks, maybe even a couple of months. Unfortunately, the market eventually caught on and the trade broke. Suddenly I was left with a problem - I needed a new idea but was still married to the familiar one that had been working.
I’m not saying you’re wrong to be bearish. There could be a real issue underlying here with capex and ai roi. I don’t think so, but it’s possible.
That said, you’re setting yourself up for failure continuing to fixate here after your daily 2% drop trade ended. You found a moment in time that worked but you’re not an expert on this single security.
Go find another idea or move to index options.
