Axekay
01-27

For people who started investing in the recent years, I witnessed the roller coaster some shares went through and did lose sleep in the initial phase. Seeing how the China-related stocks like $Tiger Brokers(TIGR)$   $Alibaba(BABA)$  and hot stocks like $Palantir Technologies Inc.(PLTR)$  $Coinbase Global, Inc.(COIN)$  plunged from its ATH to 25% of its value definitely require a steel heart to hold the shares.


The most important investment tip to overcome a sleepless night is to always only invest a comfortable % of your spare cash. In that case, you won't be too pressured over the volatile changes in the investment value or also won't have the urge to liquidate. Also, invest on a cautious pace.


If it helps to give an emotional booster, liquidate them when they earn a decent booster - that's what I did with PlTR and COIN when they recovered to 250% from their lows. Materialising profits seems to go against Warren Buffett's conviction of long term investment, but at least it gives the peace in mind (something that more money also cannot buy).


Goood luck folks!

Have you ever lost sleep over stock trading?
It is said that different types of investors have different sleeping postures. Regular investors sleep on their backs, seemingly enjoying good sleep quality. Pro traders sleep face down, possibly because they are wiping tears with their pillow. No stop-loss traders cannot fall asleep. ---------------------------------- Have you ever lost sleep because of stock trading? Share your experience with us to win rewards! 🎁
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.

Comments

  • Winston
    01-27
    Winston
    👏 Amazing advice, well done!
  • W_ttw
    01-30
    W_ttw
    You’ll regret not sleeping well when the stock is back at ATH. Hahaha
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