Market seems to be very sentimental and doomy due to various factors such as geopolitical issues and fed rate hikes.As a trader, it's very risky to go long or shorting stocks because you'll never know when are these circumstances coming to an end. Sometimes, doing nothing is doing something. As an investor, ignore those unnecessary noises from the market, media or any gurus out there. Restudy your investment thesis, hold when it's fairly priced, buy when it's undervalued. In bear market, those fundamentally strong stocks may tend to be mispriced due to market sentiment. Well that is actually the best time to start a position. Be fearful when others are greedy. Be greedy when others are fearful.People tend to be the smartest stock guru, financial advisor, or stock picker duri
$ProShares UltraShort QQQ(QID)$just found out that it doesn't necessary for us to have a margin account to short the market, you just have to buy inverse ETF instead! Great hedge for embracing bearish market or even market recession
The US market just had another of its roller coaster ride this week. As Fed has decided to spike up the interest rate, market now has seemed to be entering a technical bear market, but what's more worrying is that we might be entering a market recession. Anyway, whether it's a bear market or a recession, one thing that one SHOULD NOT do is NEVER sell your stocks out of panic, provided that you're not using leverage or any other borrowed fund means. Stay on the rocky ride, don't get yourself dumped out of the ride, eventually, you will enjoy the ride
$Meta Platforms, Inc.(FB)$AH rally, but i still having a strong feeling that it's gonna go down again due to market recession soon. We'll see what's going to happen next.