In short, he could be playing a different game. It’s a common, age-old question that can be answered only by “you,’’ so the answer should be “It depends.’’ What kind of game are you playing? Then they turn into a long-term investor once the stock tanks, instead of following their trading plan and cutting their losses. You have to understand your own game and not be easily influenced by the actions of the maddening crowd who might have been playing different games. A friend of mine who used to be a successful swing trader changed his game and became an even more successful investor.
Source: Manila Times October 24, 2020 16:18 UTC