Mooers' insights: How to avoid panic selling?

@HopeAlways
While it may seem counterintuitive to sit back and relax while stocks post swift and steep losses, for investors with longer-term time frames, it typically pays to wait it out.

@lastnite24
You have to look at how much product your company produces and at what product percentage. From there you compare the stock to its competitors. If you knew that to begin with and it's favorable, then by all means dollar cost average down.

@Syuee
If we have spent sufficient time researching and buying concrete stocks with good fundamentals and a good story, then we should not have to panic when the stock price plummets.

@HuatEver
A better option is to consider different ways to control our fears and shrewdly analyse the situation before we jump to hasty conclusions and, thus, make errors in our decisions.

@KT88
If you invest money that you don't need that month or in the months to follow, small price changes will carry less emotional weight and have a higher chance of achieving long term benefits.

@ZnWC
You need to manage you fear by:
1. Prepare enough emergency fund.
2. Do your own due diligence to avoid buying a falling knife stock.
3. Set an exit plan based on your investment goal and follow it strictly.
4. Be critical of what you read or hear

@bullrider_21
It is good to learn technical analysis so that you can identify support and resistance levels for buying and selling. Set your selling price at a reasonable level that is reachable. Cut losses if the price falls 10% below your buying price in case something goes wrong.