Thursday, February 15, 2018

Volatility of the Stock Markets

I cringed at the market drop last couple weeks.  My portfolio was climbing steadily till about Jan 22, 2018.  Investors/Traders were taking profits all time highs especially in $AAPL just before their earnings call on Feb 1st.  Each day, my portfolio would drop a few thousand here and there.  I started to doubt myself and thought I should have sold this and that at all time highs to lock in my gains.  When said and done, all this is paper profits until I sell my stocks.  Greed tends to get the better of me 90% of the time!

Some traders/investors would hit the sell button to stop the impending losses for the forthcoming days, but for me, I completely ignored the market.  I am happy to see the recovery in the last three days.  However, I need to lessen my margin risk and lock in my profits before we have another market drop.  Who knows what is in store for the next few months? 


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