Do you feel bad because your share prices tumbled?
Are you sad or even depressed because you can’t get your money back?
Do you feel bad whenever you think of the future?
If your answers were yes, then don't worry just read further
The good news about feeling bad when the price goes down is that you will start to feel good again as soon as the price starts to go up and not when you get your money back.
For example if you bough some shares at 100$ and then those shares went down to 70$ , you will start to feel good as soon as the market reverses its direction even if the price of your shares was still 73$.
Simply because of one word, hope!! when the market starts to go down you will usually start to think negatively and expect the worse.
For example thinking that your shares will be worth 10$ or that you wont get your money before years could add to your bad mood. As soon as the market reverses its direction your negative way of thinking will start to change to a positive one and so your bad feelings will disappear!!
If you lost some of your money then don’t be that sad and know that you will feel better as soon as the market reverses its direction. Meanwhile do your homework in order to know whether you should keep the stocks you bought or not.
The more the knowledge you have about the stock market and about the company you invested your money in the less bad you will feel when the price changes.
Even if you saw the price of your stock going down you won't feel that bad if you believed that the underlying company will perform good in the future.
This kind of Knowledge cannot be attained unless you study the company you want to invest in very well before you invest your money in it.
Many people do the mistake of buying stocks just because they are going up while forgetting the fact that without solid knowledge that give them confidence they will sell their stocks the moment they see the price going down.
Farouk is not only holding several degrees in psychology but he is also an MBA holder, a stock market investor and an entrepreneur. The information you are reading now can dramatically increase your chance of increasing your wealth and becoming reach. If you have any doubts regarding these statements then read what other visitors say about 2knowmyself.com.The book How I did it was written by Farouk and it explains how he managed to make a website that generates thousands of dollars/month in less than 2 years without paying a penny.
did that help?
I feel bad when the price goes down
Whenever i check the prices i feel bad
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