I don't agree with Casey. I believe when you havethe intention of trading - be it a trader or investor, you must be mentally prepared for the ๐ or drop ๐of stock market. If you are unable to sustain losses ie varies from 1-60%, then you are not suitable in this battle field. Maybe I m a long term investor hence I didn't bother about the losses. I have a loss of as high as 70% or more. ๐งโโ๏ธ๐งโโ๏ธ๐ ๐Just enjoy the high dividends. Or go to River Wonders to see my ๐ผ๐ผ๐ผfamily. ๐๐ฅฐ๐๐๐๐๐๐๐๐
I would classify myself as "Denial". I would buy ata price that I think I m comfortable with. If it ๐further, I will go back to my drawing board or should I say the chart and do my TA to determine when is the next entry price or should I just leave the stock alone - treating it as a man when they are in trouble, they like to be left alone in their cave. This is what I learned from "Men are from Mars, Women are from Venus".
I would say everyone has their own strategy to fight in this volatile battle or battle field. May the strongest ๐ชsurvive. Bring glory to your own investments. The fate of our portfolio lie within our own hands and not the hearsay advice.
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