Thursday, August 09, 2018

Take One Step at A Time


The last 2 weeks saw a huge drop in share prices for some of the notable tech companies, e.g. FB, JD, IQ. I had lost money that I had earned 2 months before that. Then, what happened next was, the stocks went up again. I made a huge mistake, that is not to invest in any stocks when the companies' earning date is near. Yes, lesson learned. I was too greedy, and in the end, I paid the price! So, how will the market be in the next 2 months? I guess tech companies stocks will still move up, be careful of eCommerce companies' stocks, they tend to be very volatile, especially their options. I will just take one step at a time, so if I'm going to buy stocks, analysis one first, if the fundamentals are good, go in and look at another one next.

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