This week, we'd like to invite you to comment below and tell about: How does confidence help you invest in the market?
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Hillbillygo : it's about time I hit one!.
Syuee : If there is one thing that differentiates winners in the stock market, it is my own conviction in the companies I invest in and the belief in my own research.
This in turn, supports the contrarian approach to investing. Following the herd may not yield great profits, as we all know.
However, mere self confidence may also not yield profits, unless it backed up by my own strong research and analysis.
Remember, the most beautiful thing you can wear is confidence!
steady Pom pipi : When you have enough courage, ability, knowledge and patience, you will get enough confidence.
Confidence = return on investment
Start building up your confidence through knowledge now.@Moomoo Courses@Course TA Cici
HopeAlways : Investing is not something that comes easily to everyone overnight. It is something that one needs to work at in order to feel more confident in. When it comes to the stock market, investor confidence is very important. The best thing one can do to become more confident and rational when investing in stocks is to really understand what one is buying. Having confidence as an investor helps one to make better decisions when owning stocks over time while allowing one to really understand what is going on at a specific moment in time.
HopeAlways Syuee : The more confident one is as an investor, the less likely one will be to panic and make rash decisions when the stock market takes a turn for the worse.
102089245 HopeAlways : Confidence has to be built over time and it really helps with investing!
102089245 HopeAlways : Well said. This will prevent one from panic selling during market downturn.
Milk The Cow : If u are confidence, u will be more daring as u will believed in ur own research.
Sometime, even u have done a lots of research..., u still can't trust urself due to the market volatility.
Because of the lack of confidence, u may even missed a possible opportunity.
Vi-versa.
U need to know if ur source is credible. If ur source is not credible, overconfident may lead to ur doom.
DYODD before investing
Syuee HopeAlways : Possessing confidence is one of the most essential weapons for a successful trading mindset and can also help one make better investment decisions over time.
KT88 Syuee : Very true. Arming yourself with the power of positive trading habits and knowing that you are not just relying on luck, are insanely powerful trading ‘weapons’ that will build real, indestructible trading confidence.
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