I bought into the Klarna IPO and bought some shares expecting it to increase on debut and it actually dropped.This marks yet another setback. I have been picking my shots well. Klarna, Bullish and Figma were all good bets, and yet I made money on none of them because of amatuer mistakes.I did not understand Robinhood's IPO features well enough and did not buy in to the first two. Accidentally bought the top on Bullish, and consequently am down $1850-ish for the year.I am broke so this puts me in the red. I actually owe 500 more dollars than I currently possess after borrowing money for this.I am not going to stop trading. Actually I plan to continue to trade for my entire life until I am able to make it into a career.Nothing in life is working out or going correctly, yet there has to be a way to project a victory and continue to succeed.
>>60925259IDK why you brought IPO, its for ((( them ))) to offload their shares. You should wait when everyone is panicking and buy.
kek>buy more>dont sell until profitsimple as
>I bought the top of a Photoshop clone and some company that gives loans to niggers so they can buy door dash on credit why am I losing money on such wise investments
>>60925259>>60925320Klarna is up 15% on the IPO offering price. Are you two huffing paint again? Be honest.
I'll buy when it bottoms out lol
>>60925411Well it boils down to being new.Buying the IPO was not a bad idea, I did get a decent chunk of shares, I also set a sound limit buy and ended up buying the top. My mistake was thinking that Klarna would continue to rise past the $52 dollar debut. It was moving down fast and so I sold to salvage my stack and ended up losing a net 200 dollars.That's not a lot, but I thought because these upcoming crypto and AI stocks were foolproof and carrying serious company valuation.I have learned a lot about how the market works over the last 6 months or so and I think that initial phase of understanding what investors are actually interested in and how to read the market does involve mistake making.If you think about it none of my instincts about which companies would take off were even wrong, I just did not understand the IPO process very well or how the application deals with IPOs. If only I could get every share that I wanted right out of the gate. That's basically it. I was not aware it was like a random allocation or something. Buying the initial surge is very risky but Gemini should theoretically surge past its debut price.>>60925369That is borderline retarded this current slough of highly valued financial companies is going to tank in a number of years after we figure out who the big players are.It's more like keep an eye on mergers and quarterly revenue.
>>60925838>I am a terrible trader who has no idea what the fuck I am doing, and here is why I am right and everyone else is wrongPlease keep providing liquidity forever, you gimp.
