To The Moon

The stock market has been up and down recently, and as a senior investor, you should have encountered a lot. However, as a novice investor, if you see such a scene as soon as you enter the stock market, you will not only be shocked, but may also become at a loss. How should we do it at this time?

In the day when the market fell sharply, some people hurriedly escaped, and some people took the lead in taking the opportunity to buy goods. The crisis and opportunity of investment are actually a fine line.

Actually, the reaction that can be done in a big market is inseparable from the following 3 steps:

1) Wait and see: Be very calm and decide the next step after seeing the situation clearly.

2) Retreat first: When stock market has plummeted, clear positions first.

3) Take advantage of the falling market to grab bargains: Just as Warren Buffett said, when people panic, I am greedy, and I am greedy when people are panicking.

Whether these responses are right or wrong can only be known in hindsight. But if you know more about them before taking action, you can reduce the chance of making mistakes even if something unexpected happens.