Stop loss or hard resistance?
Stop loss in time and withdraw to save your life; or go against the wind and wait for the turnaround?![]()
I believe most mooers have faced the same situation like me. With the same source of profit and loss, only by sticking to the original intention can you earn the money you know.![]()
I mainly look at the logic of the original purchase. I bought it because of the characteristics of this company. If the logic has not changed, I will not cut the meat. For example, $Futu Holdings Ltd(FUTU.US$ Futu's fall in this wave can be regarded as an experience of all sentient beings. In just three trading days, as in an era, many believers collapsed, and many dead bulls who believe in value investment cut their positions in tears. Secretly grateful for the early, but regretful for the late.
As for me, I didn't sell one stock recently. Instead, I added a bit before the market yesterday.![]()
The reason is simple: low cost and reasonable position, and there is still enough profit to resist falling. And I firmly believe in a truth, according to my investment philosophy, if I can’t make money in Futu, it means that I am not suitable for stock investment at all, so I should spend some cost to buy a clear mind. But if I persevere, once the situation reverses, it will be a successful case of value investment, which is powerful enough for my life.![]()
Even if the recent retracement is large and the market panics, I still hold it firmly and will not sell. It is my faith stock. The ultimate product experience and high-quality service are the core competitiveness of Futu. $Nasdaq Composite Index(.IXIC.US$ $S&P 500 Index(.SPX.US$
For another example, Tesla is also my faith stock. I am very optimistic about the development of the new energy field. Recently, its stock price also proved that my original choice was correct. $Tesla(TSLA.US$
Experts will stop losses, and novices will generally resist. The "hard resistance" of the bear market environment will die miserably. Of course, after the market has "reached the bottom" for a few months or two years, it will not be a problem to pay back and make money.
Pay attention please!!!
1. Position determines mentality
2. Never envy how much others earn
3. The most important thing is to look at your account operation
4. Buying stocks is buying companies
As for me, I didn't sell one stock recently. Instead, I added a bit before the market yesterday.
For another example, Tesla is also my faith stock. I am very optimistic about the development of the new energy field. Recently, its stock price also proved that my original choice was correct. $Tesla(TSLA.US$
Experts will stop losses, and novices will generally resist. The "hard resistance" of the bear market environment will die miserably. Of course, after the market has "reached the bottom" for a few months or two years, it will not be a problem to pay back and make money.
Pay attention please!!!
1. Position determines mentality
2. Never envy how much others earn
3. The most important thing is to look at your account operation
4. Buying stocks is buying companies
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Susan Bertolino : For the fixed investment group, the bear market is not a disaster, but a good investment opportunity.
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