Avoid decisions made in fear
Fear clouds your judgment. The worst thing you can do is make a fast decision based on the fear of the moment. Remaining calm during a stock market crash takes a bit of self-awareness. Get in the practice of evaluating why you feel a certain way and recognizing your own feelings. This is something that takes time and energy to master, but it can be worthwhile. Even during good times, make it a point to recognize what you’re feeling, identify the reasons behind it and then avoid making decisions. Any situation where you’re in a highly emotionally state – no matter what that emotion is – can lead to poor decisions.
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