How did you deal with losses in the stock market?
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甜心0121
joined discussion · Jan 15, 2022 19:53
🥤Surviving the losses
Trading loss can be financially and mentally drained. Money is an emotion and one of the powerful forces in our lives. One is to take pride in your loss. I always tell myself that if I can get through this, I can get through anything.
Put the loss in perspective. A financial setback can provide us the jolt needed to become a better investor. The best way to deal with loss is to invest again. Learn from the mistakes and find a better investment going forward. Getting back to market is quite difficult as we will wary on the potential investment. Ohh my
$AMC Entertainment (AMC.US)$ $Dingdong (DDL.US)$Instead of investing everything at once, wade in gradually by dca. Dollar cost average is more as psychological band aid. Aside from dca, I'm trying to diversify portfolios by investing into etfs, bonds and digital currencies.
Success is not about highest returns but is sticking to investment that provides the return you need to achieve your goals. 🍀
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