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Where does your confidence in holding shares come from?

Where does your confidence in holding shares come from?
When you lose money after buying a stock, I personally think most of this depends on your confidence in holding the stock. There are only a few sources of so-called confidence, such as:
1. Perception of the fundamentals of stocks
2. Inferences from technical analysis
3. Or keep holding it because a friend around you holds it
4. I heard that the stock price could triple
5. The ratings given by stock analysts are optimistic about this stock and think they are generally not wrong
6. Because of recommendations from financial bloggers
7. Judging by my instincts, the company's performance is very good and will be ready for the future
Wait...

If you hold any of the above confidently manipulated stocks, you will definitely be swayed by them. Furthermore, these so-called sources of confidence also influence whether we can make correct and rational judgments about the stocks we invest in, so we choose targets rationally, and make rational wins and stop losses. I think some of these so-called sources of confidence can be learned from, and others must be thought about; no one can blindly follow one another. If you want to be able to follow along without blindly, you still need to improve your ability to make judgments about the market. There are many ways to improve, learn on your own, and find the right mentor for you to follow. I've always been interested in technical analysis of stocks, so I chose technical analysis to increase my confidence in holding shares. Nearly a year ago, I had the privilege of learning a purely technical analysis method from the blogger Wolf King Finance in a video, which greatly benefited me. Of course, everyone's analytical perspective is different. If you also like technical analysis, you can also try watching his video. It's full of dried goods, which are worth experiencing. Only by finding ways to increase confidence can we minimize losses. At the same time, we can also know how to deal with floating losses and avoid cutting floor prices and chasing high prices. This is my recent experience while studying with my mentor. I wish you also have enough confidence when trading stocks!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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