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Author Topic: Things To Do When The Market Is RED  (Read 4408 times)

Offline MrSpasybo

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Re: Things To Do When The Market Is RED
« Reply #90 on: September 04, 2024, 08:19:04 PM »
That definitely correct and even more reasons why i don't take a look at the market all the time. You can make some decisions that are actually uncalled for at time like this. When the market is in a downtrend, what is expected of you is to avoid monitoring. And again only invest with money that you might not be needing in the next couple of years. It shouldn't always be the money your can afford to loss but money you know very well that you might not be needing. The market is volatile and will always create both the uptrend and download for it to complete a wave. So being patient is the best way to ride along with the wave.
Monitoring market fluctuations is essential for proactively implementing the most suitable investment strategies, but it also poses risks to the psychology of inexperienced investors. The ups and downs on the price chart can prompt investors to make hasty decisions, often resulting in long-term losses.

However, to feel secure about their investments and avoid monitoring the market every 15 minutes, investors need to take steps such as setting stop-loss orders, understanding market cycles, believing in bull runs, and realizing profits. Even when investors try to ignore market fluctuations, whales still find ways to deliver information to investors through the media and instill fear in the market ^^
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Re: Things To Do When The Market Is RED
« Reply #90 on: September 04, 2024, 08:19:04 PM »

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