Co-Wise: How do you improve your trading mindset over time?
Views 228K
Contents 519
Verified Account
doctorpot1
Excellent Contributor
joined discussion · Jan 6, 2022 22:20
Stop looking at the price chart every minute of the trading day
A lot of investors are looking at the wrong thing when investing, they look at the price chart instead of the company. I think we can improve out mental health if we stop looking at the price chart seconds by seconds and take the time and spend it with your loved ones, or researching the company you invested in. The former gives you anxiety, the latter gives you peace of mind.
After evaluating the company and you have decided on the entry price, exit price and stop loss price. Just place the order and go enjoy life. Maybe check it once in a while, but don't let the price chart suck your life away. We only have about 90 years to live, are you going to spend 10 years looking at charts or are you going to spend the 10 years creating memories with your friends and family?
IAmMooMoo
:
totally agree. we should use money to work for us and not use money n use our time to wait for money to grow.. just buy n DD.. n wait n DCA..
doctorpot1
OPIamMoooo
:
Actually the daily noise can be helpful too. like if suddenly drop a lot, it can be an alert to see if you missed out some new important information.
🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
IAmMooMoo : totally agree. we should use money to work for us and not use money n use our time to wait for money to grow.. just buy n DD.. n wait n DCA..
sogogi : thank you
IamMoooo : ignore the daily noise. focus on a long term goal.
Logicram : well said!
102792733 :![clap 👏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44f.png)
![clap 👏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44f.png)
well said
doctorpot1 OP IamMoooo : Actually the daily noise can be helpful too. like if suddenly drop a lot, it can be an alert to see if you missed out some new important information.