The market is buzzing again — the gurus are appearing again!
Hello everyone!
Recently, whenever the market shows a little green, we see the gurus sharing this potential stock and that potential stock. I have 'washed my hands of the sword,' leaving the tumult of the mortal world to only talk nonsense in my small chat group, but recently, with the market's ups and downs, the gurus are rallying, and I can't help but see you all being enchanted by a few rising stocks, forgetting about risk management, so I have returned to alert you. You can criticize me, say I'm here for views, but I just hope to help someone out there like I once was; be cautious, but also careful. Don't buy based on what the gurus are shouting, or you might end up regretting it.
Take this ENA stock as an example; recently it has risen, and everywhere you scroll, you see people boasting about profits, everywhere you turn, there are people drawing charts and recommending to buy this and that. Why didn't anyone advise when it was at the bottom? Now that it has risen nearly 200% from the bottom, they are posting to get everyone to FOMO?
My group has been discussing since it first formed a bottom (details below the picture), and now we are calling each other to take some profits while out there they are just now shouting for you to buy?
Nothing in this world is free, and the cheese is only on the mouse trap. I can only say this, hoping you all can stay calm. Even when the market is buzzing, we must remain absolutely calm and not get too greedy to buy recklessly; we are grown-ups now, and we must be responsible for our own money.
I hope these random thoughts of mine will help someone out there think carefully before hitting the order button 🙆