If you are a long term investor you have got to LOVE periods like this. Dollar cost average into these 10% correctional periods. Be a machine, don’t think about it. Just average and average and average. Now if you are a daytrader with long bias. Well RIP. Kthxbye.
Daytrader with a long bias? Thats kind of an Oxymoron isnt it? This is where you are wrong. Daytraders are the ones printing money on puts right now and playing what the chart says. They close out their positions every day by market close and sleep like a baby. Bad advice…
Daytraders can make money ⬆️ or ⬇️ People in shares can only make money if a stock goes ⬆️ and they freeze like a deer in headlights during a bear market. The best advice is to put some risk management on any position. If your stock is declining, cut your losses and buy back…
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