Huathuat138168
2022-01-30

$NVIDIA Corp(NVDA)$Typically a growth stock with high potential future earnings will drop twice, thrice or even more than the major stock indices in a bear market. 

* A bear market being a broad stock market indices falling more than 20% from a previous high. 

Things we can do during a bear market would be:

1. Lower risk tolerance levels, take profits whenever possible

2. Dollar cost average stocks with healthy financials, buying on various dips

3. Always justify your risk with a reward ratio such as 2:1

4. Only take high probability trades i.e. buying on support, selling before resistance

5. Study and analyse upcoming market trend, understand about macroeconomics and how the economy is doing in general

6. Keep a trading and profitability journal so as to keep yourself in check

7. Stay safe and tread wisely!

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

  • Yani94
    2022-02-04
    Yani94
    Currently the huge loss in my portfolio is due to this stock. Even then i will hold it
    • Yani94
      True. but the market seem volatile so maybe will get them when it is more stable and when its at a good cost to recover later
    • Huathuat138168
      Minimize cost by adding on dips, selling at peaks.
  • DeepSea
    2022-02-03
    DeepSea
    Good advice
  • Birdiebrog
    2022-02-03
    Birdiebrog
    Hm
  • Mabelicious
    2022-02-02
    Mabelicious
    Great advice!
  • FALCON
    2022-02-01
    FALCON
    interesting
  • Jai2208
    2022-02-01
    Jai2208
    [Miser]
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