It feels awesome when your stocks are “in the green” and growing 📈
But, stocks can go down from day to day as well.
1️⃣ Don’t sell without reason - remember long term 🧘
If you sell when the stock is going down, you’re accepting the loss 😮
If a stock goes down by $5 one day, it may go up the next! 📊
So, unless you sell at the lower price, the stock could still recover in the long run 🩹
Stocks go up and down day to day, and even week to week 🏎️
This is why long term patterns matter more ⏰
It’s important to be patient, since your companies might grow!
2️⃣ Consider buying more!
If you believe the company will grow, buying the stock after a drop is like a discount! 🏷️
3️⃣ Consider selling at a loss.
If you notice a long-term downtrend (continued losses over months & years) you can consider selling at a loss 😥
Make sure to read company news and research, before calling it quits on a company 🔍
Now you have three different options when your stocks start to go down.
Stay strong, think long-term and happy investing!