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What to do in such a fiery market phase!
A series of international issues are happening, from wars to accidents, a great excuse for a sell-off to lock in profits 🙂↔️
According to the crowd psychology effect, people are starting to panic, to fear, and to sell at a loss. Weak psychology leads to even heavier losses.
Light losses are halved, a bit more severe, and losses are divided by 3 or 4 accounts. Because many people only buy when prices are sky-high, otherwise they wouldn't be in this situation.
It's like getting a full dose of punishment.
Many new traders are hesitating between cutting losses or not.
Let me give you a suggestion: no, just let it be, in a few days it will bounce back.
So what to do now? Turn off the computer and sleep, that's all, feel free to let it drop as much as it wants.
If you’re lucky enough to read my article, and follow my suggestion, you will significantly reduce your losses.
Why not give a like to this post? 👍
