Trading view26 May 2021 00:27
People are just going through the whole fight or flight emotion on these drops and the rises produce masses of endorphins so people are emotional to the extreme one day up thousands of pounds next down thousands and the world has collapsed. It is a huge emotional roller coaster when you buy Aim or companies in trouble.
It doesn't mean people are not cut out for investing, it just means they need less "risky" shares. Problem is that even companies such as Rolls Royce was at £4.28 and now at £1 and had to do a rights issue. Nothing is "safe". The company is now priced to go bust, but the potential upside of a company rising from the ashes if you have patience and it does not go bust can pay dividends (pun intended).
You need to ignore others "advice" and make up your mind as to what kind of trader you are. Do you race after the highs of day trading a 1 min chart, pick bottoms, trade TA charts on longer time frames, fundamentalist or trade news or even a combo of all of these. Only you know what you are comfortable with.
You may blaze in glory and die in fire the next day or have a balanced boring portfolio and be unemotional and cut losses religiously.
Don't let the derampers change your style or the rampers give you pink glasses.
If someone is being aggressive and hostile simply filter them as they are not genuine investors and certainly do not have a genuine opinion. If someone is enjoying the fact the drop happened, filter them as they are here because they are psychopaths.
Form a view and know why you picked that view. If on balance things have not changed don't even bother to read these boards. The only authority is RNS releases. Everything else is unfounded speculation both for and against.
I think I may buy back in tomorrow. Fuming still. I am however starting to see past my anger at the FCA.