Capoo
:
If you need to use the money for emergency, cut loss now, it will keep dropping in short term. If you don't need to use the money, hold, it will rise back $550 and above long term or in a few months.And also depends on how many stock you have, you put your entire asset on META?
103782482
OP
ForeverBean
:
investing in the long term, but these few days really give me a heart attack, everyday new low, with all the bad news on Trump. not sure if it can recover after the election
it's okay, I am hopeful and panic at the same time haha
let the market do its work, hopefully it can recover soon, maybe can chip in some when it reaches the bottom
Capoo
103782482
OP
:
No need thank, I held -5,000 P/L for months before, it eventually rise back, because it's big market cap stock. You will be fine, this is a test, everyone made that mistake of buy and stock drop before, including me.
103365182
Capoo
:
You have the patience which most of new traders donโt have. If my P/L is -5000 every month, I will cut loss and go back to work. Sorry, I donโt have that patience skills tbh salute to you
Capoo
103365182
:
It's not hard, the trick, as long as you don't need to use the money. My friend hold 4-5 years now +700%, he didn't panic on 2022 recession year at all
103782482 OP : my first waterfall dropping shares
ForeverBean : Why sell when it's cheap and buy when it becomes expensive? What's the reason of buying in the first place?
Capoo : If you need to use the money for emergency, cut loss now, it will keep dropping in short term. If you don't need to use the money, hold, it will rise back $550 and above long term or in a few months.And also depends on how many stock you have, you put your entire asset on META?
103782482 OP ForeverBean : investing in the long term, but these few days really give me a heart attack, everyday new low, with all the bad news on Trump. not sure if it can recover after the election
it's okay, I am hopeful and panic at the same time haha
let the market do its work, hopefully it can recover soon, maybe can chip in some when it reaches the bottom
103782482 OP Capoo : okay, will wait, thanks for the advice
Capoo 103782482 OP : No need thank, I held -5,000 P/L for months before, it eventually rise back, because it's big market cap stock. You will be fine, this is a test, everyone made that mistake of buy and stock drop before, including me.
103365182 Capoo : You have the patience which most of new traders donโt have. If my P/L is -5000 every month, I will cut loss and go back to work. Sorry, I donโt have that patience skills tbh salute to you
Blue31 : Don't worry, over 530 in a month
103782482 OP Blue31 :
Capoo 103365182 : It's not hard, the trick, as long as you don't need to use the money. My friend hold 4-5 years now +700%, he didn't panic on 2022 recession year at all
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