Here’s what do if you’re long in this market
Yesterday the S&P 500 dropped 1.49%. The S&P 500 falls 1% or more on about
12% of the approximately 250 annual trading days. It stands to reason that when
the market falls 1.5%, as it did yesterday, the frequency of that occurring is
less than 12%. Whenever the market drops like this, and you are long the
market–it is painful. Not only financially, but also emotionally, which
consequently can negatively alter your trading decisions in the near future.
Fortunately, if you are aware of this…
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