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Comment by benibela | Hacker News Reader

On the other hand, having money makes me less productive, since I spend more time caring about the stock market. Like yesterday alone my long ETF lost 2000€ worth, and I bought a short ETF for balance, which went up 200€. Should have bought the short ETF earlier, but I was at work. Here I am actually losing money by going to work

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I'm not sure there is a violin small enough to play your sad tune.

I'd recommend you read Fooled By Randomness[0], it contains many good lessons that sounds like you'd benefit from.

I don't mean this as a jab, but have you ever compared your overall gains with the s&p over the same period? unless you're really smart/lucky, it's probably not worth the stress.

I also "lost" a lot of money this week, but I'm not leveraged and I have positive monthly cashflow, so it's no big deal. I just bought a little more of my favorite broad market etf than usual and went back to my life.

I agree with you. Just keeping with the S&P is pretty great, with the benefits that you can maintain concentration during the day.

I lose money in the couch all the time.

People trying to pay me has become a problem. I stopped answering unknown numbers as a result. Buy your titanium hash pipe on the after market. I’m bored of making them. I’m doing indycar molds right now. I’m at my day job coding c++ and it’s very stressful being chased after. I don’t even know what’s going on with my portfolio. The market is down like a billion points...

are you me? Although my stock market outing has been very successful. i made my entire yearly salary this week and that is very demotivating to work right now..

Although we are the exception not the rule. My last job had me running around exhausted and I thought being super productive would increase my bonus (narrator: it didn't)

Market timing is a bad idea. Daily gains don't matter.

you know what else is a bad idea? Putting $80k into Virgin Galactic or Tesla calls at strategic moments in time. But I did both and now I'm sitting on more money in my toy account than my actively managed investment account. so maybe YMMV?

and no i don't recommend anyone doing what i did, but basic technical analysis said to sell [or buy puts] last week and with enough time watching markets you will know when an oversold relief rally is due [including mini rallies within overall downtrends]

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