Buy high sell low means FOMO.

2022-09-19

Buy high sell low means FOMO. Entry price is important. Buy to reap profits, not to try your luck. Preparation, do our homework before any purchase. Patience is more important in a volatile market. Volatility is best time for trading, akin to gambling. Company fundamentals should guide investors, not traders, in stock purchase, so that you can assure that the stock will eventually rise in the long term.

Buy high only hurts when you don't have holding power and force to sell low. Buy high hurts more if the company is making losses and may take years to turn from red to green.

Buy high hurts the most if you keep DCA down, and the share price keep going down and down, with little chance to average the price. And you sell either losing hope or lack of holding power.

Just sharing views only since invited by Tiger to chat on this topic of Buy High Vs Sell Low.

Ultimately to be in the market depends on our own persona investment objectives and psychology.

Best wishes

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

Kiyosumi
2022-09-19
Kiyosumi
Indeed words of wisdom. Good to invest in companies with sound fundamentals and good growth potential. Patience is important
- bernardtayet:
  Thank you.
BlueDragon
2022-09-21
BlueDragon
yes and agreed
Twhyger
2022-09-19
Twhyger
[Like]
- bernardtayet:
  Thanks
Susunehneh
2022-09-19
Susunehneh
WUC
Humble_Teoh
2022-09-19
Humble_Teoh
Ok
elroykoh
2022-09-19
elroykoh
k

Leave a comment

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