On firmly red days like these, what advice would you give to newcomers?
$AMC Entertainment (AMC.US)$ $Apple (AAPL.US)$ Even as someone with a few years of experience in trading, seeing days with -8% across the board is a hard pill to swallow. I can see how many would panic and just take the loss and close.
What advice would you give to newcomers to trading during times like these? I have a feeling we will all need to brace for quite a few more in the coming weeks.
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xSorrymaker : Quit investing if you cannot hold and want to take a loss.
Zerocool888 : Use only 20-30% of your current wealth for investment. Stick to it and don’t let go till the fat lady sings. And I am not joking at all.
Flord OP Zerocool888 : Everything has become so difficult.
Flord OP xSorrymaker :
Flord OP xSorrymaker : so sad.