Welcome to the BeachBum Trading YouTube channel, where we share advice on how to succeed in the trading world.
In this short [Don’t Panic! 🚨 | Shorts] video 🎥 we look at how to handle downturns in the market. We’ll look at what happened in the 2008-2009 recession, when people panicked and pulled their money out of their 401k, realizing a 30% loss. We want to remind viewers [Don’t Panic! 🚨] and that you need to remain calm in order to minimize losses and not give in to panic. Even if the markets drop by 20-30%, you won’t have realized any losses until you actually sell and take the money out.
We’ll also look at strategies for forgiving yourself for losses and learning from mistakes. So tune in for expert advice on the essentials of not panicking during downturns!
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🎥 RELATED VIDEOS 📟
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🎥 Don’t Panic! 🚨 The Hitchhiker’s Guide to The Markets [Weekly Trading Game Plan] 6/20 – 6/24 Part 1 👉 https://youtu.be/5m4UC9U20Fs
👉 Please find and Watch 👀 All of the BeachBum Trading Shorts 🎥 videos, All for FREE, at 👉 https://www.youtube.com/@BeachBumTrading/shorts
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🧰 TRADING TOOLS 🧰
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🛠️ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
🛠️ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
🛠️ FinViz 👉 https://bit.ly/3h7r8M3
🛠️ ChartMill 👉 https://bit.ly/3By9g4X
🛠️ TD Ameritrade thinkorswim® [TOS] 👉 https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
🛠️ Seeking Alpha 👉 https://seekingalpha.com
🛠️ Benzinga Pro 👉 https://benzinga.grsm.io/uuo07mioquxj
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📈 TRADING PLATFORMS 📈
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✅ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
✅ Public Investing 👉 https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
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🔽 REFERENCES 🔽
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📝 Weekly Trading Game Plan Notes for 6/20 – 6/24/2022 – Part 1 👉 https://docs.google.com/document/d/1CYmPtbteNAvTpQ_d-V9t48EKRDzUgnl-pAWec5YfeU0/edit?usp=sharing
#BeachBumTrading #Shorts #dontpanic
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