Can we buy a stock after it registers a sharp up-move?
The quote, "Success has a thousand fathers and failure is an orphan." It means many people will seek credit for your success, but few will accept responsibility for your failure. As an investor, you have to take your own responsibility for your failures, and it pinches more in a deep correction. What really matters is the balance of mind and behaviour, particularly during times of exuberance in the markets where stocks tend to run ahead of fundamentals. As a rational investor, what is important is to stay away from greed and take every investment decision cautiously.