Gaps unpredictable and frustrating to time it - AMZNIn Apr 22, had you waited 3 months for the gap to be filled up, your joy is short lived as it quickly plunge down more than 40% until Jan 23.
In Oct 22, the same thing happened. You went long and it quickly fell 20% until Jan 23. Very few people would have known the bottom was in Jan 2023, all these are on hindsight and then you go :"Had I known, I would have sold my house and went all in " kind of thing......
Then in May 23, look what happened. It gap up not a lot but till now, it has not been closed. So, the moral of the story is do not time the gap. It is unpredictable. Buy great businesses with solid fundamentals, strong economic moat and has proven itself years after years , like Amazon.
If for the small gap, you insisted to wait for it to fill up before going long, then you would have missed the potential 79% returns it offered you had you went long. REGRET? Then, you took revenge and bought more at the peak and it falls or crash like some of the tech stocks now and you lament about your bad luck. Such things happen every day, around the world to some people, hopefully it was all the past for us and we become wiser over time and not dabble in this prediction fantasy and ego boosting game of calling the market timing. Be in the market and let them do their job. That's all , investing is straight forward and boring but people come out with all kinds of stuff to make it complicated and confused themselves or out to make money for their own gains - thousands of indicators, thousands of online courses , videos, etc.
Wise up , guys !
