I’ve discussed before that you shouldn’t panic on outrageous headlines. Because people do, you can take advantage of this. Bad news could be a good time to add to your portfolio. Do your homework and be sure that the bad news in only temporary. Buy the stock as it recovers from the downward surge. You don’t need hit the exact bottom; in fact it is better to buy when you see the stock recover.
Bad news isn’t always bad news for your portfolio. Happy Trading!
Is your portfolio stressing you out? I know mine has. It wasn’t until recently that I realized how much stress it was causing me. Automation has helped reduce my stock portfolio stress greatly.
Automating my portfolio probably won’t make me as much money as an overly watched portfolio would. Let’s be honest, I’m giving up money when I set the trailing stop loss.
At the end of the day, if I’m making money or at least limiting my loss, then I’m ok. The extra bit of money is not worth the enormous stress I felt when I tried to micromanage my portfolio.
How much stress is your portfolio causing you? Share your stress with us in the comments below!
