Hey forum,
this is my first post and currently I am mostly learning in the trading space (only traded to try it out).
I set aside money to start trading and now the crash has come and I do not dare to touch the market.
I wonder:
What do you do in such a crash market? I find it hard to assess buying or selling opportunities when I do not really understand the market behaviour and the market is driven by fear and panic as well as triggered stop losses. Also I feel how I get caught in fear of missing out because I see the huge fluctuations that could also be opportunities to make money. It is hard to keep calm.
Do you stay cool and wait? Or do you have a strategy to take advantage of such crash scenarios? How do you know when the market has already calmed down and behaves "normally".
this is my first post and currently I am mostly learning in the trading space (only traded to try it out).
I set aside money to start trading and now the crash has come and I do not dare to touch the market.
I wonder:
What do you do in such a crash market? I find it hard to assess buying or selling opportunities when I do not really understand the market behaviour and the market is driven by fear and panic as well as triggered stop losses. Also I feel how I get caught in fear of missing out because I see the huge fluctuations that could also be opportunities to make money. It is hard to keep calm.
Do you stay cool and wait? Or do you have a strategy to take advantage of such crash scenarios? How do you know when the market has already calmed down and behaves "normally".