You need a reversal. More practice turning. First of all, the reversal speaks of market independence, self-control, and assessment of one’s own strengths and risks. It cools the market's interest in empty, devalued work and actions. Since most market participants closely monitor the situation on the market, most likely they do not have any unnecessary questions when a timely reversal occurs, but a lot of them arise when such a reversal is delayed. Which ultimately leads to a corresponding reaction in the market and consequences in the economy.
How to implement a turnaround, for example, in everyday life in some global sense, this is a change of profession, field of activity, hobby, place of residence, car, going on a trip, searching for a new hobby. In general, I apologize for the banality, but in a developed economy this usually means that it is necessary to take advantage of all the quality benefits that the market itself offers.
The situation is much more complicated in places with a more difficult economic situation. I would call such economies inverted. For very objective reasons, a reversal may not occur there, and any attempts to implement it can only lead to deterioration. But even in this case, you can find a way to distract yourself, make a mental reversal as a last resort - eat, for example, an airy sponge cake or soft ice cream, put a smiley face. Well, finally go to the regional center - it’s unlikely to be an expensive trip.
The main thing is to find an understanding of the moment of need for a reversal, the results. I think this is important for understanding the practice of long-term investment, including in order not to get lost in emotions.
Photo: BIXEL
