Emotions 😱🤩 are the hardest thing to control when investing! Do you agree?

When it comes to investing in equities, emotions always get into people's way. When the price goes up, people FOMO (Fear Of Missing Out) and they buy it, but when the prices drop, people get nervous and panic sell. 

One of the key lesson that can be learned from Warren Buffett "Be greedy when others are fearful and be fearful when others are greedy!". Just by using this one quote, you can make profits even when everyone is in losses.

Looking back on hind sight at the stock prices for certain companies, I wished I have loaded up more shares, but was to afraid to. Now I am kicking myself to not have added in more positions while seeing the prices go up.

Through this, it has taught me to not be FOMO and jump in as of now but wait for the correct time and sit on a cash pile that is increasing. Takingreference from Warren Buffett, he was sitting on a $100 Billion cash pile at the end of 2021 since he saw that there was nothing to buy.

What are your thoughts?

# Why did You Start Trading or Investing?

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.

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  • JC888
    ·2022-11-08
    What is the Pre-condition before applying Mr Buffet rule?
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    • Mooo
      It is to do it on a fundamentally good stock that standa the test of time even during a bear market
      2022-11-08
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  • JL1Apr
    ·2022-11-08
    True. We are driven by greed.
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    • J288
      agreed 😂
      2022-11-08
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  • th0mastan
    ·2022-11-08
    Agree, it’s really difficult hit the buy button when all the stocks are deep red and very tempting to TP when you see profits only to miss out on multiple gains
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  • CKF68
    ·2022-11-08
    It always go up n down
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  • robertzai
    ·2022-11-08
    [What]
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  • Bhie
    ·2022-11-08
    ☝️
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  • Weh
    ·2022-11-08
    Agree.
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  • JJames
    ·2022-11-08
    ok
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  • StayCalm
    ·2022-11-08
    Yes
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  • ongcjeric
    ·2022-11-08
    Gg
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  • Furore
    ·2022-11-08
    ooo
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  • susanl
    ·2022-11-08
    [smile]
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  • lfc
    ·2022-11-08
    thanks
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  • CCW99
    ·2022-11-08
    gok
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  • drandy
    ·2022-11-08
    good stuff 👍
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  • EdGan
    ·2022-11-08
    Ok
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    • EdGan
      Ok
      2022-11-08
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    • Bin8
      ok
      2022-11-08
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  • Sun3333
    ·2022-11-08
    ok
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  • AnonymousLee
    ·2022-11-08
    ✔️
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  • wongps
    ·2022-11-08
    不错
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  • TheEndIsNear
    ·2022-11-08
    👍
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