Say no more fam. Who are we but the sum of our mistakes (& successes)? More seriously, our failures / mistakes are what defines us, since you learn way more than you do when you encounter success.

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My takeaways are many fold: 1) Don't buy when everybody is buying. 2) Understand why markets fluctuate up/down in a cyclical fashion (aka liquidity), 3) don't be afraid to sell (even if you have low cost basis) and take profits. Cash is chicken soup for the investing soul. 4) Journal your investing decisions, and reflect on why you did x when in hindsight x was wrong. 5) Take control of your emotions - understand why you are buying.

1. Not diversifying enough
2. Buying stocks without enough research
3. Not investing enough when there is a huge bargain
4. Bagholding to companies with weak fundamentals
5. Using too much derivatives (linked to point 1)

Buying stocks based on rumours/ what others say, without learning more about the company. Down more than 50%, still in my portfolio as a reminder to always read and research before investing

Thanks for the information