Trade Republic deleted so that I don't sell out of fear, buy again next month and then delete for another month if it doesn't improve, etc.
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•@rich_one_day @BigMo why sos? I think it's a good idea to be able to profit even in a crash situation without acting emotionally
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7Mo
@rich_one_day
Is your investment horizon longer than 10 years, and don't you have any money invested that you might need in the short term?
What helps me is instead of letting my emotions take over, just trust the process. (See "Market Timing - Temporary Exit")
The "bad feeling" still comes up sometimes, but it no longer drives my decisions in the market.
If "delete app" helps. Why not 😊
Is your investment horizon longer than 10 years, and don't you have any money invested that you might need in the short term?
What helps me is instead of letting my emotions take over, just trust the process. (See "Market Timing - Temporary Exit")
The "bad feeling" still comes up sometimes, but it no longer drives my decisions in the market.
If "delete app" helps. Why not 😊
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@BigMo yes, I invest half of my salary (the monthly savings installment) and get along very well with the rest, horizon until I might need it for larger purchases, so definitely 10+ years. This is my first real extreme situation on the stock market, I started after Corona and therefore I'd rather delete the app than look at it every day and still sell at a loss in the worst case scenario
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