I learnt a lesson only fairly recently about a year ago which is to sell some of your stocks when the overall market trend is falling.
Understandably it is extremely painful especially when you have been invested in your favourite companies for very long and perhaps even see some paper losses. Selling some (i.e. 10%) will make it physiologically easier to tide over a bearish period.
Learning to sell also returns some cash for redeployment and also help to develop and edge to trade during strong market trends.
Tough to learn and do but it gives an extra gear to the investment journey.
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