LogFAQs > #962149270

Nanis23 posted...

I wish I had the same diamond hands I have now back when the market was bullish
At a certain point like 4 months ago I was just broken mentally and decided that I suck at this and I can't time the market, ever, so I just put my money and see what happens in a year from now

Of course that was a shitty time to make that decision as I am at a $8k loss from the entire time I started investing (maybe even more) but I don't care anymore.
Maybe this is a good lesson for me for the future...maybe I finally realized the "it's just money" "money comes money goes", "evantually the market will go up"
And maybe then when the market will finally break new records, I won't sell early anymore

What I've done is get an M1 Finance account. It's like a robo-advisor except you can set up a "pie" that has an allocation of stocks and ETFs you select (or premade ones) and you just put money into it and it buys them for you. I set it up to throw in some money every week.

The bad thing about it is that you can only buy/sell stocks and only do market orders during 9:30-10 am and 3-3:30 Eastern. It has no option for limit orders. Options aren't an option. It's a limited brokerage, but it's good for people like me that say "screw this, I'm done" but still want to invest regularly anyway.

I've lost the most money on regular brokerages where I play with stock picking and limit orders and honestly, options scare me so I haven't bought any.