Invest
It’s always unnecessary pessimism or over-optimism
By Loopholes Singapore  •  November 30, 2021
Don’t market sentiments influence your trading plans
Whenever a correction happens, there will always be a few expected reactions going on in the investing community. Firstly, people will naturally be fearful and as a result, petrified, resulting in a period of inaction and procrastination. Secondly, we will have the gamblers that are always looking for the lowest of prices. These people artificially increase the pessimism on social media and chat groups, and will also miss out on getting the price they want and thus miss the upside as well. Lastly, we have the greedy investors that will buy the dip without much reason only hoping for the market to rebound immediately for a quick buck. Such impulse usually leads to stacking losses and illiquid assets when the market continues trending lower or consolidates sideways for a prolonged period of time. What I am trying to point out is not the prevailing...
Read the full article
By Loopholes Singapore
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance