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Red 🥵 Stock Market Days - How To Win 🤑 When Others Aren't SPAC's and Gold Silver Miners Stocks
How to Handle RED days in the market
We often hang out here so be sure and stop by https://discord.gg/NFAuzww
Mattofla - “If all of my spac entries weren't under $11, I'd be worried about the general trend so far this week (which has been red) ”
Another well knows SPAC guy “LastAvailableHandle” Said “if you stick to $11 SPACs, your money will be safe in a pullback so long as you don’t panic sell “
The best way to handle red days Is to buy things right.
It doesn’t matter if its stocks or land or gold silver platinum – oil – or real estate.
The money is made on the BUY side, Its all about TIMING
If you get in early to SPAC’s, Miners whatever it may be before they are COOL – That is the key to not caring as your red days MIGHT only be 5% Red instead of 75% RED. Heck you might have a whole red week and still be up 45%, man wouldn’t that be nice?
But if you are buying at the wrong time and always find yourself chasing stocks you CAN get some wins but you will never be the puppeteer, you will always be the puppet.
I think you are all smart enough to know which side is the RIGHT side and which side is the wrong side to be on.
Ok so I bought one wrong, now what do I do?
Having a red day.. or red week on one you FOMO’ed into?
This is the question you need to answer right away:
Did anything change in/for this company since the last time I did DD? ( you did do your own DD before you bought it didn’t you? )
IF the answer is NO nothings changed, then you can either hold, average down, or sell. Id either hold or average down. In this market we are currently in I would most likely HOLD AND then LAUGH and watch all the shaky hands sell and take losses. These are the ones who will consistently loose. Especially if you are someone who invests in highly volatile markets like SPACS or Precious Metals Miners.
IF you found something catastrophic about the company you hold an investment in. You can either sell, as loosing a little blood is a lot better than loosing all your blood. OR you can HOLD as the news that came out is not that big of a deal and you believe the market is over reacting.
Another Way to see RED days is: as an EXCELLENT buying opportunity. I TRY and only go shopping when I KNOW stuff is on sale. Remember IF you buy right and manage your risk correctly, the profits will take care of them self!
Most people wait for others to create a trend, and then once its proven by them and many many others that's when they jump in. At just about that time, thats when the Puppeteers start to sell. Which side do you want to be on?
How to win in the stock market
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