If a person puts his/her money in the stock market. He/she must understand the terrible feeling when seeing stock prices going up and down wildly.
It is challenging to stay mentally steady when the stock market is wavering.
But there are a group of investors who built differently. They can resist extreme stress and work like nothing is happening to them. No matter what's happening in the outside world, they stay calm and keep trading.
Sometimes, reacting quickly to market volatility may be an ideal way to manage risks.
But on the other hand, frequent adjustment also means more frictional costs.
steady Pom pipi : Put on headphones, no other sounds can be heard
Syuee : It largely depends on whether you are a trader or an investor ?
For an investor, it is possible to invest in the stock market and almost completely ignore what is going on.
Otherwise, you shall be constantly responding to market conditions.
You may end up being reactive rather than proactive.
And that causes fear, and uncertainty.
It is also important to remember that you will need to stay informed about the market.
The stock market is a reflection of the economy as a whole.
As an investor, I have my personal investment strategy and financial plan.
And the voices from the stock market, isn’t going to change any of that.
I do not expect stocks to give excellent returns, like they gave in the past, for various reasons.
Nevertheless, returns will be very high, if you have the courage to buy, hold and keep buying on significant dips every time the market crashes.
If one have the courage, patience and will-power, then one may become very prosperous with this strategy.
Whatever we choose, the best investment is one where we can sleep~ through the night like a baby !
Cheers !
#NotListening
steady Pom pipi Syuee :
funny Giraffe_6930 : it is but harder to do, money is not to come by.looking out you see red ,not sweet.
Syuee steady Pom pipi : Your kitten gif is so CUTE !!
steady Pom pipi Syuee : Your GIF is also very cute. I almost laughed at first sight.
Please allow me to save it.
BurgerShot : Trading is like a girlfriend, it’s fun when it’s great but it sucks when it’s bad.
Milk The Cow steady Pom pipi : The cat very yo eh
Xtragg : It actually makes me very happy to buy more shares for less than I previously did when I have a 20 year outlook. I’m collecting companies and I’m not worried about the short term noise of traders trying to screw each other over.
steady Pom pipi Milk The Cow :
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