Post
Topic
Board Economics
Re: panic selling
by
Xabad
on 04/12/2017, 07:31:43 UTC
Actually panic selling occurs merely affected by emotions. Whenever they see their holding dips, they panicked and dont they know what to do. I think stocks/coins that dips deeply is just a normal thing that happens in a market, but I think what is not normal is when emotions are attached to investors and let them affect your trading. I think the best way to do this is when it dips just close your broker’s site and get back to them after few days/ weeks. At least in this way, you will not be tempted to sell. Just always remember before entering your trade you must have a trading plan and execute it no matter what. Whether you have to wait for your target profit of just cut loss and buy back at the bottom.