When the stock market is rising (bullish), many stock traders are enthusiastic, euphoric, optimistic, and want to continue studying the stock market so they can maximize profits.
But if the opposite happens, where the stock market is sluggish, stocks are falling, foreign stock indices are falling, many stock traders are starting to be pessimistic, don't want to study stocks, are lazy to look at the market.
Okay, there's nothing wrong if when the market goes down you "close your laptop" for a while, because at that time there weren't any good stocks to trade.
Imagine if the JCI fell again, and it could drop by more than 3% in a day. I don't think I would buy stocks at a time like that either. The strategy of "closing the laptop" when the market is falling, or the stock price is falling is actually also a way of refreshing.
things that often happen in the world of trading
Instead of getting stressed seeing stocks going down, it's better for us to forget about the stock market for a moment and do other activities.
But that doesn't mean we only want to study stocks, deepen our analysis for trading & investing only when the stock market is good, when many traders are euphoric, when there are lots of positive sentiments.
stock ups and downs
When stock prices are falling, either because of a correction, or because the economy is sluggish, I often hear sentences like the following:
"It's useless to learn stocks. Stock prices keep dropping."
"Technical as well as fundamental analysis is useless if the stock market is still down."
"There's no point in technical and fundamental analysis, you still lose to the dealer."
"Stocks go up and down depending on the dealer. It's useless to study stock analysis, if the dealer wants to increase the stock, it will definitely go up. If you want to decrease the stock, retail traders won't be able to do anything"
However, when stock prices were rising again, many traders started to be optimistic. So, if you have a mindset like this, in the end you will only be ready to face a bullish market, but not ready when you have to deal with a market that suddenly drops.
Stock analysis
Learning the right stocks is not only done when the stock market is good. Under any circumstances, actually there are always things that you can learn from the stock market, where you can use this knowledge in the future.
When the stock market goes up, you can learn to maximize profits, control euphoria, learn to set profit targets, learn to select good stocks to buy.
When the stock market is correcting (falling) normally, you can learn to choose and screen which stocks that have been discounted have the potential for a rebound.
When the stock market is sluggish, you can learn to read market conditions, read market signs that will go down, learn what stocks are technically undervalued or cheap, study market cycles and capital management to "steal a start" at lower prices.
Thus, you can survive in any market conditions, both bullish and bearish. Learning the right stocks is your key to getting CONSISTENT PROFIT in stocks.
study every condition of the stock market
I have personally experienced this. Therefore, through this writing, I want to share with all of you, so that every trader wants to do the learning process in the stock market, and not only be willing to learn / be optimistic when the market is just good.
The right way to study stocks is done by: Willing to study every condition of the stock market, and willing to keep analyzing, whether market conditions go up or down.
In every moment that occurs in the stock market, there are always lessons that can be taken and practiced for your trading decisions.
One more thing, I want to emphasize that learning stocks doesn't mean you have to buy stocks. In a down market condition, it doesn't mean you have to buy stocks.
Wait and see, analyzing, screening without deciding to buy shares are also part of studying stocks.