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Co-Wise: How do you improve your trading mindset over time?
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Honestly, it’s easier said than done. Over the last couple o...

Honestly, it’s easier said than done. Over the last couple of months, I have made some money and also lost some money despite doing my in-depth research and analysis. Sometimes, the stock prices just dropped for no apparent reasons. Perhaps, the stocks are being manipulated by some short sellers or they know something that we don’t. Over time, I have learnt to stick to quality companies with strong fundamentals - companies with strong earnings and growth potential and growth strategy. If the market turns bearish and prices start dropping, to try to remain calm and not do panic selling (that’s why I try not to do margin trading and to only use spare resources to invest). If not, we will not be able to stay calm and make logical decisions. That has enabled me to pick up some valued stocks during the dips. I am still learning and improving my trading mindset. This will be ongoing and I hope I will make lesser mistakes and gain more confidence over time 😊.
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