$Tesla (TSLA.US)$ for those who actually bought tesla knowing how they are going to change the world and how competitive they are, there's nothing to worry.
If you worry about such short term volatility you're better off not investing.
If you worry about such short term volatility you're better off not investing.
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The market is always unpredictable. TA might not work when there are sudden macroeconomic factors at play. There will be times when the market plunges and we need to be prepared for such scenarios.
If you understand what you buy - the fundamentals of the company - you are less likely to panic when it dips and will even see it as an opportunity to buy more.
If you do not understand what you buy, you will be at a loss of what to do. Do you cut loss? Do you average down?
By understanding the fundamentals of what you buy, your mental state and actions will be more rational during dips and you are less likely to make emotional decisions you regret.
If you understand what you buy - the fundamentals of the company - you are less likely to panic when it dips and will even see it as an opportunity to buy more.
If you do not understand what you buy, you will be at a loss of what to do. Do you cut loss? Do you average down?
By understanding the fundamentals of what you buy, your mental state and actions will be more rational during dips and you are less likely to make emotional decisions you regret.
2
Invest in fundamentally good companies and ignore short-term market noise!
I've been using $Apple (AAPL.US)$ products years ago - ipod, ipad, imac, airpods - and I'm excited to have an apple share to add to the collection (nothing beats having ownership in the company whose products you love!) It was nolstagic because my ipod touch as my first product served me a good two years when I was in the army :)
I'm confident in apple's technology and future and hope that my day would be brighter than me eating apples for dessert by winning this apple share!
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I'm confident in apple's technology and future and hope that my day would be brighter than me eating apples for dessert by winning this apple share!
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