V-shape rebound or not, Trade with care
Always trade with care, and avoid letting our emotions get the better of us.
Often times when market is down, there’ll be a lot of negative sentiments saying the market is crashing & fear gripped us. And when market is up, due to FOMO, people start chasing & may end up buying at a high.
We’re often caught in the vicious cycle of waiting for lower low & higher high. Lessons I’ve learnt & always reminded myself, is to set a price target that I’m comfortable to nibble a bit at a time, & the price that’s good enough for me to let go. It is not easy especially if price run up immediately after I sell![]()
but it’ll be a constant reminder for myself.
So far I’ve been making use of the alert function in moomoo app to trigger me alerts when the share(s) drop or rise to a certain price.
Often times when market is down, there’ll be a lot of negative sentiments saying the market is crashing & fear gripped us. And when market is up, due to FOMO, people start chasing & may end up buying at a high.
We’re often caught in the vicious cycle of waiting for lower low & higher high. Lessons I’ve learnt & always reminded myself, is to set a price target that I’m comfortable to nibble a bit at a time, & the price that’s good enough for me to let go. It is not easy especially if price run up immediately after I sell
So far I’ve been making use of the alert function in moomoo app to trigger me alerts when the share(s) drop or rise to a certain price.
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