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First mistake in the stock market - 2 I will finish this thou | Investor Writer

First mistake in the stock market - 2

I will finish this thought.

I suppose an inexperienced neophyte, made one mistake at the time, and one correct decision.

The mistake was in deviating from my originally chosen strategy. The right decision was that I recognised it in time and stopped.

Now I buy more cautiously, according to my plans, avoiding emotions and keeping a safety cushion to deal with market corrections or crashes.

If you're just entering the market, curb your emotions. And follow the plan you made in peace before you start buying. If you don't have a clear plan, it's too early to start. The opinion of experts can be taken into account, but only your own conclusions can be trusted. And you can only make decisions on their basis.

By the way, do you have an investment plan?

And a word of warning: this is not investment advice.

Investor Writer