the market is showing no clear direction. there’s no trend, just a few stocks that are bearish or sideways with extremely high volatility.
as a result, many people who enter the market for investment purposes are unable to react appropriately, and all they can do is watch their losses mount.
as the buzzword these days is ‘trading perspective’, the mindset of believing in a company, relying on its fundamentals, and holding on to it. a numb reaction to mounting losses. it’s hard to describe these people.
of course, investing is not necessarily bad, but just watching the losses grow… is painful for me and adds to my mental turmoil (?), which is why I split my trading and investing depending on market conditions.
as I said before, investing is not necessarily bad, it’s just not the right form of investment in the current market.
it’s not always easy to find the right stocks to trade that will make you money, and in a time like this, where we’re seeing so many instantaneous ups and downs, it can cause you to lose more than you can afford in a short period of time.
still, trading is my priority right now.
today, I ended the day with two trades in Wits and Jeonjin Construction Robot.
and I’m thinking of taking a shot at Samsung Electronics for investment purposes, hoping(?) that it will overstate the fall.
even if trading in this market is okay, I’m looking forward to seeing if it will give me the right investment opportunity.
it’s not an easy market, so good luck to everyone.
by the way, there are often people who dream of recovering their principal from unhealthy or illegal trading because it is difficult to manage. i sincerely hope to discourage them. lol