The market opens at 2am (my time zone), so whilst I can set up trades at Pre or Post sometimes I’m asleep 😴 when a stocks goes down. My practice was to wait it out but now I’ve learnt to research WHY, decide if it’s just a scheduled pullback before climbing and if I think that’s the case I buy more at the bottom to lower my average stock price. Then I can sell when it surpasses the new “buy” average. If I think I’ve screwed up and missed the loss signals I may chose to get out altogether and just be happy my overall profit margin is unaffected.
I’ve currently sold all my big holdings - I’m not confident that another market “crash” isn’t happening right now. I’ll hold funds and reinvest at the bottom … or renovate my kitchen 🤔
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