Never buy stock that you would not hold in difficult times.
NO.1 Trading Rule: Never buy stock that you would not hold in difficult times.
Story: Long long time ago, in a small sunny island, there was a young and silly investor , who wish to strike rich on the first stock.
Unfortunately, a big event came that cause stock markets to fall more than 20% . This young and silly investor could not bare holding on the stock as losses was more than 50%, and thus sold the stock.
After 6 month, the stock climb up to the buying price the investor brought earlier. The young investor was enlightened by this event and swore to buy stocks that the investor will hold even during difficult times.
The End
(the young and silly investor is myself, of course , hoping to get some blackberries & blackberry stocks. Wish me good luck, Moomoo! Also would like to wish all fathers a happy father day!)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
TEO3303 : alright