Blame Nobody. Just Stay Calm and money will Come back! I am quite experienced with losses in stock market. I used to went through days just dazed and confused when I made big losses. My relationship with losses has continued for years now and luckily I have learnt to manage the shock and stress that comes with it.
#1. Stay Calm
Accept full responsibility and focus on making money.
#2. Learn from my mistake
Do a post mortem of what happened and do not repeat the mistake. I take this chance to recognize my strengths and weaknesses and make my future plan around them.
#3. Don't give up
The reason we invest in the stock market is because it offers higher returns for our money then the ordinary fixed term bank deposits. But stock market is volatile and therefore our investment is subjected to higher risk. So we need to stay persistent because we are dealing with the bull and bear.
#4. Invest within our limit
Do not over stretched by borrowing money to buy stocks. Use only our own money.
#5. Stay healthy and happy
Accumulating wealth steadily and safely needs time so we need to stay healthy and live a long life to see our quality stocks turns in profit for us.
So far my investments are in good shape using Tiger Brokers app and following the above approach in investing in stock markets. I hope my experience is useful to my 🐯 Tiger friends.😊😊😊
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Haha this is not a lesson for investing but a lesson for life!!
Right, just learn from mistakes, we all know this but hard to do tho
Haha this is not a lesson for investing but a lesson for life!!