Today, the KLCI is at 1597.33 (-9.52 points), with a red candlestick, showing another period of decline. Watching that gradually downward candlestick, there is a sense of heaviness in the heart, but it's not too surprising. This is how the market works, with ups and downs, alternating between red and green, nobody can guarantee smooth sailing.
Although today's decline is not significant, breaking through the psychological barrier of 1600 points set halfway through the year, always makes one's heart skip a beat. It's as if all the efforts have been nullified by this 9.52 point drop. But calming down and thinking, this is just the short-term sentiment of the market, not the long-term outcome.
While it is true that the market always has fluctuations, with a 0.59% decrease, market confidence may be slightly shaken, but the amplitude is still moderate. One must learn to accept the red days, because they are part of the investment journey. Even though it has been declining for three months 🥹, I know that only by falling down can there be opportunities, and each pullback is also giving me a chance, right? The more it falls, the more likely to find good stocks that have been undervalued. Patience is key, patience is key... The market will ultimately prove the value of those excellent companies. But what if one is already fully invested?
Perhaps focusing on the future rather than the present, investing is not a one-day thing. Even if it's red today, the green tomorrow, and the rise the day after, are what I should look forward to... I continue to try to hypnotize myself... It may drop, but my belief remains. The red line is like the lows of life, short-lived and real, but it will also pass. Hold onto the stocks in hand, diversify the risks, and position yourself low. When others panic, perhaps it's the best time for me to calmly think and seek opportunities.
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