Don't be scared, if stocks goes down
It's official that U.S.A is in recession.Everybody in the country is affected by it.Especially, people who invested in stock market , this is a nightmare for them. Everyone is wondering what to do?My first opinion is relax.If you get scared and nervous about your stock, nothing is going to be changed.If you are worried and nervous, there is a big possibility of making mistakes.My opinion is "think and research".There is no alternative of researching.Go through fundamental and technical analysis of all stocks that you bought.If you bought any stock which has weak technical and fundamental base, research more about them.It is very hard for any company to survive in this crisis, if it doesn't have strong base .Find out, if your assumption about those stocks is likely to happen.Research more on those stocks.Research on their industry.If you see,if you don't find enough reason to keep them.Think to sell them at any suitable time.Research also on Stocks that has strong base and high promise, don't sell them.Wait and be patient.Hold them even buy more to minimise its average cost( if possible).Remember before you sell it, you don't loose anything.
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