Scott O’Neil Bonus Episode: Strategies To Maintain Confidence As Stocks Rebound From Coronavirus Market Crash
Investing With IBD
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The Psychology of Going Up Too Fast
If a stock just keeps going up, after a short amount of time, all you think of it keeps going up. That's why we use the charts to give us an idea, hey, this stock has gone up way too fast. And that actually happened for some of the first stocks that jumped out of the gate a couple of weeks ago. They shot up and then they came in pretty hard. If you're disciplined, you got another chance to buy the lower risk entries.
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