{"id":75212,"date":"2024-07-09T07:08:18","date_gmt":"2024-07-09T11:08:18","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=75212"},"modified":"2024-07-09T07:08:18","modified_gmt":"2024-07-09T11:08:18","slug":"david-prince-advice-permabears","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/07\/09\/david-prince-advice-permabears\/","title":{"rendered":"Advice for Permabears: Opportunity Cost Is Your Enemy"},"content":{"rendered":"<blockquote class=\"twitter-tweet\" data-media-max-width=\"560\">\n<p dir=\"ltr\" lang=\"en\">What do you do if you missed <a href=\"https:\/\/twitter.com\/search?q=%24AMZN&src=ctag&ref_src=twsrc%5Etfw\">$AMZN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24NVDA&src=ctag&ref_src=twsrc%5Etfw\">$NVDA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24TSLA&src=ctag&ref_src=twsrc%5Etfw\">$TSLA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24AVGO&src=ctag&ref_src=twsrc%5Etfw\">$AVGO<\/a>?<a href=\"https:\/\/twitter.com\/epictrades1?ref_src=twsrc%5Etfw\">@epictrades1<\/a> explains the problem with being a &#8220;smart&#8221; permabear.<\/p>\n<p>This sounds a little mean&#8230; but you need to hear it.<\/p>\n<p>Opportunity cost is killing your P&L. <a href=\"https:\/\/t.co\/uCay0JOYgV\">pic.twitter.com\/uCay0JOYgV<\/a><\/p>\n<p>\u2014 T3 Live (@t3live) <a href=\"https:\/\/twitter.com\/t3live\/status\/1808870885899571370?ref_src=twsrc%5Etfw\">July 4, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The problem with being a permabear is opportunity cost.<\/p>\n<p>So many traders are obsessed with predicting declines that they miss out on all the huge opportunities on the way up.<\/p>\n<p>Plus, when things do correct, whatever a bear makes is dwarfed by that they could have made if they participated in rallies.<\/p>\n<p>David Prince explains this ugly truth in a not-so-nice way that people really need to hear.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What do you do if you missed $AMZN $NVDA $TSLA $AVGO?@epictrades1 explains the problem with being a &#8220;smart&#8221; permabear. This sounds a little mean&#8230; but you need to hear it. Opportunity cost is killing your P&#038;L. pic.twitter.com\/uCay0JOYgV \u2014 T3 Live (@t3live) July 4, 2024 The problem with being a permabear is opportunity cost. So many traders are obsessed with predicting declines that they miss out on all the huge opportunities on the way up. Plus, when things do correct, whatever a bear makes is dwarfed by that they could have made if they participated in rallies. David Prince explains this ugly truth in a not-so-nice way that people really need to hear.<\/p>\n","protected":false},"author":52,"featured_media":57921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[747],"tags":[],"class_list":["post-75212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inner-circle"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=75212"}],"version-history":[{"count":4,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75212\/revisions"}],"predecessor-version":[{"id":75218,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75212\/revisions\/75218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/57921"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=75212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=75212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=75212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}