Rejoice! Stocks
prices are improving but the upward swing is simply too fast and l am certain
it surprises everyone. So, when there
was so much fear in the market in the last few days, what have you be
doing then? Stay invested or busy cutting
losses?
Will the (bull) party continuing tomorrow and into next
week(s)? Go ahead and make your
guesses. Meanwhile just enjoy the
ongoing party.
As for me, l have been busy with capital preservation at the
moment i.e. lock-in profits. l will not
subscribe to the idea of cutting losses as a way of capital preservation
especially whilst the stock market is correcting. Probably this is an odd way of capital
preservation as l am certain it is not a method or strategy in any investment
or trading books. Also, l have never experience
or suffer seller’s remorse before.
However it does not mean that l am only busy lock-in profits at moment. Need to stay invested (in any bull or bear market situation) so l have made some new investments as well today.
There are no short on both nice and nasty surprises in every
corner of the stock market. Soon someone will come along to hype about historical market crashes during October month,
US debt ceiling etc etc
Must remember to preserve investment capital and building up
your war chest.
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