That bearwhale is probably super pissed right about now
Bearwhale has missed out on a cool $3 MILLION by selling a week too early.
hard to feel sorry for a bear whale that sold and got 9 million usd...if he is smart paid his taxes on such legit he walked away
with no worries and made around 4.5 million or so
but yeah he probably is walking around saying 'damn it I coulda made 6 million net..idiot'
it is how we are 'wired'
(i should make such wonderful 'mistakes')
Some people do risk assesment and base their actions on that. Those people accept that while the odds may favor a market move in one direction, the movement may end up going the other way. Market action after the fact doesn't make a rational choice based on a reasoned analysis any less valid.