Today was a big pump fueled by Trump's tweet which signalled a potential relief to the trade war. It was a pump for the history books and many were caught off guard shorting the markets or having sold at a low, fearful for lower.
This is a reminder to:
1. Buy the dip and be able to hold through volatile times.
2. Use less leverage, less options and you will be able to hold. Only use leverage if you are somehow confident that this is the bottom.
3. Don't be fearful and panic sell. Hold good companies and they will come back again.
4. Don't be greedy and try to short the bottom. Most likely you are already late once the news hit the media.
5. Survive and stay safe. Remember that money is just money. Living a good life with family is most important.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- MKTrader·04-10TOPwell said.1Report
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- Tiger_Contra·04-10This is awesome!!1Report