Buy or Sell, it’s OK. But I think it’s better to have a plan and a system and stick to it. I know it makes me feel much better knowing I have a plan in my pocket.
Your plan can be simple like @wuqijun. Just don’t sell anything. That’s a plan.
My plan is slightly more complicated because I take out margin loans. So if my portfolio falls to a certain point I force myself to sell some. I have been selling something for more than a week now.
I am not saying I am right. Just saying I have a plan and following it. If you don’t have a plan maybe it’s a good time to make one.
I also have a lot of margin loans. But I’m not selling. Yes I suppose if I will be margin called soon then I might need to start selling some, because I don’t want the brokerage firm to liquidate my holdings indiscriminately…
Not a contradiction at all. If you don’t have any margin (like you) then now is time to marginize and go all in. If you have enough margin (like me) then just stay put. If you have too much margin (like @manch) then you have to sell.