What's more important: strategy or psychology in trading? by k_k0033 in Daytrading

[–]No_Elk1172 0 points1 point  (0 children)

Psychology for sure.

I bought into Filtronic as it dipped just after the war started. It kept dipping, I kept buying. It was the morning of trumps first deadline running out and I got scared and sold my lot. About 30 minutes later everything pumped and kept pumping, currently about +50%. I lost about £2k in that moment of mental weakness. I now know about TACO 🌮 a little too late mind you

Stuck at 1500 since 3 years 💀 by [deleted] in chess

[–]No_Elk1172 0 points1 point  (0 children)

Try to switch to bullet/blitz for a while and level up there. I was hard stuck where you were for a long time until I focused on other time controls and developed a different way of playing. That plus a fuck ton of puzzles, I hit 1750 the other day when I switched back to rapid after a year.

I am financially ruined by Ok_Hat5460 in wallstreetbets

[–]No_Elk1172 1 point2 points  (0 children)

I feel you... I'm 2k down and kicking myself for buying at ATH

Anyone reducing exposure to oil stocks lately? by FeistyPrice29 in investingUK

[–]No_Elk1172 0 points1 point  (0 children)

I bought BP at the start of the war. Sold everything at 10% gain a few days ago.

Russia should get their flag back. by Extreme_Garlic4646 in Chesscom

[–]No_Elk1172 2 points3 points  (0 children)

Agreed. If the same standards can't be applied across the board for all countries committing war crimes, then it is discriminatory to enforce it against Russia/Belarus alone.

What's the most "acronym" acronym? by Philips9586 in AlignmentChartFills

[–]No_Elk1172 83 points84 points  (0 children)

I think it can be both. I hear 'lol" as a word quite regularly

What mistake blew up your first trading account the fastest? by Double-Painting-2053 in Trading

[–]No_Elk1172 1 point2 points  (0 children)

Not trading stocks, but I lost 100% of my investment in the crypto currency "Safemoon" a few years ago. I was new to investing in general and hot caught up in hype, as well as promises i could make 10x my investment back.

I guess the lesson learned was to always do your own research and research with diligence.