Personal Journal

As is often the case with the President Trump’s abrupt tariff imposition remarks against China, stock markets today plunged sharply, displaying anxious outlook for economy. However, this is a great opportunity for investors to make profits out of this volatility. In my optimistic view, markets will soon bounce back as anxiety goes away. In fact, many of the stocks in my watch list are showing the signs of recovery in after hours. So, I am going to carefully look into the move of each individual stock to see which ones to buy during this weekend. I am very much confident that I can earn allowance for myself from this attempt in a short term trading. 

It is unwise to get panicked about the sudden fall of stocks and take immediate selling action because stock price is going to rise again in a matter of days or weeks, which I don’t know exactly how long it takes. But I know it is going to rise again. Meanwhile, it is substantial to know the reason of the fall and obtain the necessary information to analyze the daily changing situation from various sources. We should also pursue insights from trustworthy experts in order to build confidence in our decision making. Their experience and knowledge is definitely vital for our success in stock trading. 

Finally, it takes courage to buy stocks that are plummeting since the fear of losing money always follows. “Buy the dip.” It is easier said than done. But I can tell from my own experience that those who can actually buy the dip are better off than those who always buy stocks when they are going up. Anyways, I will prove my words and see how it turns out.