When the stock market is bullish, everyone is jubilant.
As the stock market enters a correction phase, watching the stock price fall back to the cost price,
Only then do retail investors start looking for various 'analysis articles' and doing various 'homework'.
Some even look for "chicken soup articles"...
Trying to find some comfort~
As long as someone tells him: 'The stock price drop is temporary, are you afraid it won't rise? '
He feels okay in his heart, very comfortable~
He won't consider whether that statement is based on anything.
Will also selectively ignore any opinions contrary to what he desires.
This is a common bias in the stock market.
Watching the stock prices fluctuate every day can lead to fluctuating emotions.
Usually it is because there is no effective trading strategy.
If you have a trading strategy and it is effective (able to make money in the long term),
Just follow the strategy to operate repeatedly, treating the stock market as a probability gaming.
Win big, lose small, or win more, lose less (the professional term is that the expected value is positive).
The law of large numbers will eventually make you money.
The stock market always has a retracement period, which is completely normal.
It's something that every trader should accept.
Why worry about it?
Reduce the obsession with individual stock wins and losses, and focus on the strategy itself,
Your investment portfolio, both physically and mentally, will be healthier.
Hello everyone, I am Black Horse focusing on algo trading strategies.
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Aside:
It takes time every day to study trading strategies and input knowledge....

Good morning mooers! Here are things you need to know about today's market:
●Indexes Finish Higher, Rebounding from AI Stock Pullback
●Malaysia's Foreign Exchange Reserves Decline to USD 113.4 Billion
●Khazanah Nasional to Launch MYR 1 Billion National Fund Portfolio for Malaysian Start-Ups
●Stocks to watch: Sunview, Iris Corp
-moomoo News MY
Wall Street Summary
Indexes finished in the green on Monday, rebo...

(Petaling Jaya, 18th) Dato' Sri Nanli, director of the National Police Commercial Crime Investigation Department, confirmed that the airline founders arrested by the police yesterday were MyAirline founder and majority shareholder Dato' Wu Huanhua and his wife and children!
When South Lee was interviewed by this newspaper this morning, it was confirmed that the police arrested 3 people last night and that they will apply for additional detentions this morning.
According to information, Wu Huanhua, his wife and children will be taken to the Zengjiang Detention Center and detained.
Nan Lee said yesterday that the three people mentioned above will assist the police in carrying out investigations under the 2001 Anti-Money Laundering, Prevention of Terrorist Financing, and Proceeds from Illegal Activities Act.
Wu Huanhua, 57, and his wife, Natine Leung Yin-lai (55), and son Wu Sihan (26), were arrested yesterday evening (17th) at their home in Shah Alam.
According to data, the two companies where Wu Huanhua is also a director hold up to 98% of MyAirline's shares, while the remaining 2% or 40,000 shares are controlled by Zhang Qingfu, the former CEO of MyAirline. Leung Yin-lai and Wu Sihan are also directors of MyAirline.
Source: Xingzhou Network

With concerns over the Israel-Hamas conflict dampening risk sentiment, most of Asia's stock markets experienced a decline on Monday, with Japan's Nikkei index leading the way due to tense sentiment ahead of key inflation data release.
As Israel prepares for a ground attack on the Gaza Strip, the market remains concerned that the Israel-Hamas conflict may spill over into the Middle East region. However, U.S. Secretary of State Antony Blinken stated that Arab countries do not want the conflict to spread.
Nevertheless, risk appetite remains weak, also under pressure from concerns about rising U.S. interest rates as last week's inflation data exceeded expectations.
Japan's Nikkei index performed the worst amidst profit-taking and significant declines in the technology sector.
Last week, the Bank of Japan's policy leaned towards easing, attracting a large number of foreign buyers due to the relatively strong performance of Japanese companies, pushing up the index.
However, deteriorating risk appetite led investors to lock in recent profits, with technology stocks experiencing the highest level of sell-off, as the market is still concerned about rising US interest rates.
Investors are also cautious about Japan ahead of crucial September inflation data to be released later this week. Signs of sustained inflation growth could potentially give the Bank of Japan more impetus to strengthen its policies.
The entire Asian market experienced a decline. South Korea's KOSPI index fell by 1%, while Australia's ASX 200 index dropped by 0.2%.
The Indonesia Nikkei 50 index futures indicate a positive opening, especially after last week's consumer inflation eased in September. Wholesale inflation data from India will be released later on Monday...