Seeing that Capital B recently made a purchase of 29 million dollars, my own DCA last week was so small it barely counts as a fraction of that. But precisely this kind of contrast makes me see my position more clearly: I’m still in the stage of building up principal. The biggest risk isn’t missing out—it’s a distortion of action.
Last week my DCA ran into an $83k sell wall. Before placing the order, I hesitated for a dozen seconds, thinking about setting a lower limit to buy. In the end, I bought at the market price as usual. It wasn’t much money, but it was in line with my discipline. Looking back now, that few minutes of internal tug-of-war is worth reviewing more than the price fluctuations themselves—my emotions wanted to sprint ahead, but the system didn’t let that happen.
When you DCA, have you ever had a moment where you suddenly felt the urge to change your plan?
Last week my DCA ran into an $83k sell wall. Before placing the order, I hesitated for a dozen seconds, thinking about setting a lower limit to buy. In the end, I bought at the market price as usual. It wasn’t much money, but it was in line with my discipline. Looking back now, that few minutes of internal tug-of-war is worth reviewing more than the price fluctuations themselves—my emotions wanted to sprint ahead, but the system didn’t let that happen.
When you DCA, have you ever had a moment where you suddenly felt the urge to change your plan?