What next ASML?

Some time ago, after a setback, I opened an initial position in $ASML (-0.45%) after a setback. Since then the share has fallen a good 20%. On Thursday last week, I added to it again and opened a somewhat smaller position for a good 730€ per share. Since then, the share has fallen by almost another 10%. Due to the weighting in my portfolio, I don't want to buy more at the moment. Overall, my position is now down 17%.

How do I deal with a situation like this?

Of course, it is not ideal to experience such a correction immediately after buying. However, I didn't buy the share to take short-term profits after a month. As a shareholder, I consciously want to participate in the long-term development and associated growth of ASML.

In retrospect, I could of course have bought in later could have. The "perfect" timing - if such a thing realistically exists at all - is almost impossible and can usually only be recognized as such in retrospect. Despite the book losses, I don't have any beads of sweat on my forehead now, because I know that other times will come for ASML.

Patience is also necessary as a shareholder and, as we all know, is a desirable virtue.

Stay tuned,

Yours Michael Scott