What did u do when u bought high
Normally, I will hold the shares until my pre-planned stop loss is triggered. However, due to the on-going Ukraine-Russia, it is not advisable to hold stocks for longer term unless they are energy, defense, materials or any other stocks that u have confident of upwards movements. It is better to lose less than having the share price to sink deeper and therefore your capital is locked in and have to wait longer for the price to rebound to profitable level. It is better to sell and use the sales proceeds to buy stocks at the lower prices. Having said this, however, if your the share prices are at rock bottom like Didi, Pelantir, Tiger etc, hold on to the shares and pick up more if the prices go lower. Please do your homework work before picking up rock bottom share prices as the company may go under during the period of extreme uncertainties, especially if the war is prolonged and other countries get involved in this war.
Good Luck and Trade safe! God Bless!
Good Luck and Trade safe! God Bless!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment