DRMP
Tuttle Capital Memory Stack Income Blast ETF
stock BATS ETF

>Just sell CC and wait it out.
This is what the new memory chip options income ETFs $DRMP and $DRMY are all about. If the bull thesis plays out and the forward P/E ratios really are around 5 or 6 and the memory makers keep printing money, they could become the next $CHPYs.

>How do you cope with the constant second-guessing and the feeling that you made a mistake?
I had always dreamed of being a cool stock trader back when I was working in science labs as a poor grad student in the late '90's and hearing talk on the radio about big M&A's and people striking gold in the tech field. At that time I had never imagined that being slightly rich and having a stock market portfolio to manage would be so stressful, but it is and it's come to occupy all of my free time.
The best way to cope is diversification so that if your investment in a stock or ETF goes to $0 it's not the end of the world. If you lost 2% of the value of your portfolio that would really really suck, but you could live with it.
I try to think about my wins and just how far I've come as an investor and tell myself that you have to risk losses in order to have gains. I also reassure myself that I have a longer time horizon than needing to swing a big profit in one month's time and that if I hold position it will eventually turn around.
I'm currently dealing with feelings of butthurt over multi-thousand dollar losses in crypto ETFs and memory chip ETFs (got myself into the memory chip mess over the past month). If it's true that the memory chip stocks are trading at around a forward P/E of under 6 and that they are printing money and have a big moat then it's possible they could recover for me. I dunno about the crypto stuff, I figure it could go to $0 or go back up.
Memory chip ETFs I hold are $DRMP, $DRMY, $KMEM, $DISK. (Didn't want to pay Fidelity's fee to buy $DRAM). Crypto plays are $BMNR, $BLOX, $BTCI, $NEHI, and $YBMN (like a $MSTY for $BMNR).
I have conviction on the memory chip stocks, so I'm just going to hold for the long term and hope that the forward P/E's of under 6 become actualized.

>Just sell CC and wait it out.
This is what the new memory chip options income ETFs $DRMP and $DRMY are all about. If the bull thesis plays out and the forward P/E ratios really are around 5 or 6 and the memory makers keep printing money, they could become the next $CHPYs.

>How do you cope with the constant second-guessing and the feeling that you made a mistake?
I had always dreamed of being a cool stock trader back when I was working in science labs as a poor grad student in the late '90's and hearing talk on the radio about big M&A's and people striking gold in the tech field. At that time I had never imagined that being slightly rich and having a stock market portfolio to manage would be so stressful, but it is and it's come to occupy all of my free time.
The best way to cope is diversification so that if your investment in a stock or ETF goes to $0 it's not the end of the world. If you lost 2% of the value of your portfolio that would really really suck, but you could live with it.
I try to think about my wins and just how far I've come as an investor and tell myself that you have to risk losses in order to have gains. I also reassure myself that I have a longer time horizon than needing to swing a big profit in one month's time and that if I hold position it will eventually turn around.
I'm currently dealing with feelings of butthurt over multi-thousand dollar losses in crypto ETFs and memory chip ETFs (got myself into the memory chip mess over the past month). If it's true that the memory chip stocks are trading at around a forward P/E of under 6 and that they are printing money and have a big moat then it's possible they could recover for me. I dunno about the crypto stuff, I figure it could go to $0 or go back up.
Memory chip ETFs I hold are $DRMP, $DRMY, $KMEM, $DISK. (Didn't want to pay Fidelity's fee to buy $DRAM). Crypto plays are $BMNR, $BLOX, $BTCI, $NEHI, and $YBMN (like a $MSTY for $BMNR).
I have conviction on the memory chip stocks, so I'm just going to hold for the long term and hope that the forward P/E's of under 6 become actualized.