Saturday 12 November 2016

What should you do while the market falls drastically

     As explained in my earlier post “Bottom Fishing”, you definitely have to analyse the particular strong fundamental stocks & then go for bottom fishing. There is no space for panicking here as we all are well aware that unless there is a big event like another world war, the market is going to swing back to form! But do ensure that you choose a stock with good fundamentals & buy them in sizable quantities. Do note that don’t make a mistake of pumping in all your money into that particular stock as you need to maintain cash liquidity if in case you get another chance of buying more if the market falls further. So you need to have a balanced bottom fishing since there are possible chances of lower cost bottom fishing in future on market falling down further. Hence this art of bottom fishing comes with some solid experience from stock trading for some accountable time, say 1.5-2 years minimum. Hence experience do counts for effective stock trading, but never to worry as far as you are well guided by my blog posts..

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