I don't think I will close my position in case of losses.
What should I do when the stock price keeps falling?
If I have enough funds, I will execute DCA to lower the cost. If funds are insufficient, then I will wait. Under the condition of a systematic decline in the stock market, almost all stocks will also decline. When the stock market returns to a bull market, the stock prices will return to normal. Just have enough patience to wait.
It is inevitable for the account to incur losses, as long as positions are not closed in a state of loss, it will slowly recover after a period of time. During this time, we can think about why such a situation has occurred, learn from it, and determine the future trading strategy.
This is just my personal opinion.
However, it really feels bad to see the losses continue to expand!
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Johnnie Worker : It's over a hundred, let's destroy it, I'm tired
whqqq : Agree. It is normal for stocks to fall during the long-term holding. And it is important to learn lessons and experience. Good luck.
steady Pom pipi OP Johnnie Worker : Calm down, everything will be fine. uphold
steady Pom pipi OP whqqq : Everything will get better, perseverance is victory
Johnnie Worker steady Pom pipi OP : Thank you for your encouragement. Come on. The warehouse will always be full of tears!