Do you regret the missed opportunities in stocks? Do you know how you can be completely fine even after missing the opportunity of a lifetime in stock market?
When you know the stock will go higher but before you can make the final call to go long in it, the stock price shoots up and is available at 10 to 15% higher than you’re comfortable buying. Likewise if you plan to sell off your long position or want to go short on any stock, before you can make a final call on it, the price plunges below your comfort shorting or sell levels.
How can you overcome the regret of such missed opportunities?
Missed opportunity is a missed opportunity only in the mind and is part and parcel of being in the market. More than one thousand companies are being traded in the market. It is not humanly possible to grab each and every opportunity.
To overcome the regret of missing opportunities you must have the right mindset and understand that everyone in market will have missed opportunities. No one can grab all the opportunities the market will offer.
Just an example of how even Warren Buffett also has missed opportunities. Warren Buffett started investing in his only tech stock IBM. He had a statement that he took too much time to realize the potential of this company and so it was quite late by his standards to invest in this company.
If an investor with almost 6 decades of investing experience can miss an opportunity, it is completely ok for anyone else to miss few as well.
Once you know it’s all ok to be missing opportunities, you will have a different mindset when trading or investing in market.
The important aspect is when you are in a position to grab an opportunity, how well you take advantage of it and the make most out of it.
Do you regret the missed opportunities? Share your views in comments below.
Amit Jain says
Very Naïve & True.
Shabbhir is differently different from the Peers!
Has the dareness to express himself freely & lucid .
Great Going
Cheers !
Amit Jain