How to handle a price decline

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#3
Rainbow 
Thanks ivalue for your kind sharing.  I checked out your PHB market operations and it was very well written. 

Question: are you still holding on to PHB?



I trained myself to buy only those stocks that goes up. I hope to avoid averaging down as far as possible. For a very simple reason, what if I'm wrong?

It's true that if you identified a good stocks and it goes below you're buying price, then it simply implies that there are better margin of safety (MOS) aka better value.

Buying more would be the logical answer Smile

The only thing that stopped me to buy more is the question: 
What if I'm wrong?

I never think that I'm smarter or better at analysing stocks or evaluating an opportunities.  

In fact, I think that I'm exactly opposite.  I'm clear what I'm good at, where my strength lies and what I enjoyed doing.  Tongue

Hence, I trained myself very hard to only buy stocks that goes up.  If it does not go up, don't buy.  Big Grin

Because of this, when a stock that I brought dropped, I know that I'm wrong.

What do you think?

Gratitude!
Heart
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Messages In This Thread
How to handle a price decline - by i4value - 24-06-2023, 09:25 AM
RE: How to handle a price decline - by weijian - 24-06-2023, 05:57 PM
RE: How to handle a price decline - by ¯|_(ツ)_/¯ - 24-06-2023, 09:18 PM
RE: How to handle a price decline - by i4value - 24-06-2023, 10:49 PM
RE: How to handle a price decline - by i4value - 25-06-2023, 01:02 PM
RE: How to handle a price decline - by i4value - 26-06-2023, 08:53 AM
RE: How to handle a price decline - by i4value - 28-06-2023, 07:13 AM
RE: How to handle a price decline - by i4value - 28-06-2023, 10:53 PM
RE: How to handle a price decline - by i4value - 30-06-2023, 08:05 AM
RE: How to handle a price decline - by cif5000 - 30-06-2023, 09:08 AM
RE: How to handle a price decline - by weijian - 01-07-2023, 09:28 AM
RE: How to handle a price decline - by Wildreamz - 30-06-2023, 09:35 AM
RE: How to handle a price decline - by i4value - 01-07-2023, 09:52 AM

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