We’ve all done that, it’s part of the learning process. I sold National Grid when it was about £11.25, the highest it had been at that time. It went up to around £12.30!
Trouble is, there’s no way of really knowing whether to sell or not. Had I held National Grid until it was £12+ and not sold, I would also have lost out as it’s not yet reached that height again. On the other hand, I sold Pets at Home for around £3.35 and I’m still cursing myself.
So many dilemas in this game…I can see why people stick with dividends and ETFs and walk away
Currently I’m eager to find growth to get me started with a jump, but I can’t complain, I have learned a lot in a couple of months and only about a fiver down despite many mistakes
It’s a good learning process, if you don’t mind the potential to not make as much, or even lose money.
The other thing to think about is that it couldn’t have been more. Because you weren’t invested in the company at the time. You cant tell the future, you make decisions on the information you have.
That though i guess is the downside, if you’re not keeping up to date with companies you’re invested in, how can you make informed decisions?
I guess the other way to consider it is if that was you’re target? If you were always going to sell around that price, then there’s no downside, sure, maybe you could have got more, but at the expense of changing you’re plan without research?
It is highly improbable for any single investments to be anything other than long term good fortune due to the extremely great understanding of money required - both fiscal & monetary to play the markets in an advanced way and manage financial moves to be able to let your winners run and write off your losers, navigating the discipline and knowledge of which moves to make to achieve a consistent uptrend.
Simply put, if your growth stock went up for whatever reason, you wouldn’t have known how or when or why so it’s not worth thinking about it. Buying individual growth stocks is technically gambling though for a very tiny percentage of talented people they will at some point find a few winners and build up considerable positions and capitalise on that.
If you are onto a winner there are a few ways to build your positions in that company, again, conviction is required but you also need to know how to protect your position should it go through some years of fallout.
The strategy I personally use as I am not 19 and able to take immense risks, is when I finally go into a company, I make sure it is currently not mainstream and I have to be happy to hold it for decades should I even get the chance to. If I wouldn’t put £3,000 into it at least and be ready to hold for decades, I wouldn’t even consider it or have any emotion to it.
Making money during a bear market takes immense ability and experience. Using Options & Futures and selling short against your portfolio for protection all have techniques inked into the tools but the knowledge required is huge.
The deeper you look at these things, the more you realise it makes much more sense to build up huge positions into funds over time instead and begin using the dividends from those funds in much later life.
Unless you can acquire shares in random younger companies through personal deals throughout your career.
Things that I believe would beat random individual growth stock investing for genuine success in perfect order:
Grow your career skills & income or do something entrepreneurial.
When you decide to sell you have accepted the position of the stock whether that is a stop loss or a gain.
There is no point looking and thinking oh I could have got more- it could have fallen and you could have got less.
Every choice is just that. There is a song that says “even if choose not to decide you still have made a choice.
Review your trades but don’t sit wishing you did it differently.
I started really badly lots of stupid buys that crashed hideously. Mostly small but time and again I bought high and have sold low- not a good plan🤪.
Doing better now my research is better my plan is better (generally my results are better).
I’ve learnt lots it cost me money but that is my own fault.
Don’t look back and regret - learn and look forward.
Never risk what you can’t afford if you want to gamble head to the bookies or casino. Invest and choose wisely.