I m a long term investor and I have my own plan of investing.
1st 2-3 months of 2024, I FOMO and just go to stocks market and acquire stocks. It is like going to vegetables section of supermarket and grab whatever I think is reasonable price. Unfortunately, there will be some people tend to comment that I have bought it at a higher price and they are expecting it to be lower. To each its own and they have no clue about my trading plans.
Yesterday, 3 banks are ATH but I was sitting on the fence. I can’t use my SRS to buy them as OCBC-SRS are not opened for me to contribute SGD$15300. 😠😤😡🤬. Anyway, it was a blessing in disguise as today banks heading south.
This year, I will not FOMO but will be a 🐌 or 🐢.
Is Stock Trading Too Stressful or the Best Way to Make Money?
A stock market newbie shared on a forum that trading stocks is incredibly exhausting.
Short-term trading is tiring because it requires constant monitoring and reviewing.
However, some believe the exhaustion stems from using the wrong approach.
Others admit it’s tiring but worthwhile when the profits come in.
Is trading exhausting for you?
Does the effort match the rewards?
Do you have any simple yet profitable trading strategies to share with beginners?
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Comments
Great srticle👏🏻