it was a great boost to decimated portfolios but not enough to break even. we still have a long way to go before retail investors are out of the red zone
Try not to become emotionally involved with a stock. If the stock has lost value you need to reassess why it was originally purchased and if something has changed from your original thesis then cut it loose. If the fundemental story is still intact then it might be a good idea to accumulate a little more. Even though it is difficult to sell at a loss you will feel instant relief once the sale has been made.
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Non trading days are spent doing projects that require concentration and expertise outside of the trading realm mindset. It's important to disembark from the highs and lows of trading and focus on activities that mitigate the inherent stresses related to financial risk. It could be building something, mowing a meadow, camping, running, skiing, writing a blog. These are the things that interest me. Obviously everyone is different but the important point is to cut the cord!
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Being grateful in one's investment journey first and foremost is the ability to makes decisions on your own and taking responsibility for your actions. It is an extremely empowering feeling and changes one's outlook and persective on life. Not only do you learn to manage your finacial risk/reward tolerance but it spills over to many other facets of life.
It is important to clear one’s mind after concentrating and focusing all week on finacial matters, numbers and reports. I like to do something physical outdoors like hiking, riding, mowing or working on trees. This clears and reboots the mind. Then the night before the market opens one can read and digest the weekends events to prepare for the next day.
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