How to Gain the Courage to Invest in a Downtrend?

Tiger_comments
07-24
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In previous articles, we discussed good ways to endure a downturn. Tiger @BenjiFuji mentioned that he/she wouldn't endure but celebrate, as it's finally a buying opportunity.

However, as an ordinary investor, I worry about buying at the beginning of a downtrend.

So how do you gain the courage to bottom fish?

Is it the power of belief we discussed yesterday?

We need to believe not only in ourselves but also in the stock or CEO turning things around. Some say, if you believe $Tesla Motors(TSLA)$ will ultimately solve FSD (Full Self-Driving), then any time is not a selling opportunity.

If you find it hard to believe in people, would you trust technical indicators?

Nowadays, many use AI for trading and build their own models. If a technical indicator or your model shows a buy signal, would you trust its rational judgment?

How do you get the courage to bottom fish?

Leave your comments and also post to win tiger coins~

How to Gain the Courage to Invest in a Downtrend?
Logically we know that a pullback is the best time to buy, but emotionally when we see the stock market is red we dare not make a move. ------ [TOPIC] How do we gain the courage to invest in a downtrend?
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.
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Comments

  • MasterStonker
    07-24
    MasterStonker
    Win 10 Tiger-coins
    You need the money first. Courage comes 2nd 🤑🤑🤑🤑🤣🤣🤣
  • Kunal Singh
    07-25
    Kunal Singh
    Win 10 Tiger-coins
    Believe in your Fundamental and technical indicators. 3-4 technical indicators worth and a stop loss is your back up.
  • Success88
    07-24
    Success88
    Win 10 Tiger-coins
    Need to wait for signal then can bottom fish. I can see the lower low of that particular stock for history reference. @Tiger_comments
  • BenjiFuji
    07-24
    BenjiFuji
    Win 10 Tiger-coins
    You’ll never pick the exact bottom. Key is trust in your own analysis, fundamental, technical, people and environmental. Then position size accordingly. [Grin]
  • LiverpoolRed
    07-25
    LiverpoolRed
    Win 20 Tiger-coins
    Only buy share of the company that u have believe in their products and business model that are doing very well. Of course u need also to ensure that the company is having profits after deducting operations cost. Lastly, u will not be able to buy at the very lowest price, but u have to ensure u are buying with extra money that u can hold on the shares for the next 3 years.
  • 這次BBQliao_鹹煎餅了
    07-25
    這次BBQliao_鹹煎餅了
    Win 5 Tiger-coins
    Keep the faith
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