I have missed today’s rally on stock market because,
- when news on North Korea nuclear crisis escalated on Tuesday and Wednesday, I sold my position in AIG calls, bought $5000 in 401k, which were not bad. And I sensed that market would drop more, and prepared myself to buy dip.
- However, when market dropped >1% on Thursday, I paused and wanted to wait one more day to buy more dips since I am too greedy. And on Friday, the market came back, on Monday, market comes back more. I therefore missed the rally.
- I spent some time to study the history chart of Options of FAS, SPXL, etc, but could not find them on Optionshouse, therefore, I hesitated. I should have done this homework long time ago, instead wait for the final minute.
- I should have bought some securities (like options of FAS, TNA, SPXL) on Thursday – the big dip day in some batches!!!!
- So my alacrity action is: have homework really much earlier, action in some steps, do not be too greedy, not be too conservative, be brisk and cheerful ready.
