QUOTE(amateurinvestor @ Mar 12 2021, 05:18 PM)
Looks like nasdaq futures is red again

. Oh wai i need many more greens to not make it a loss after the “correction”...
I think if one is panic and mood badly affected during market correction or crash, it would be good for one to review what is one's purpose and target to invest in UT - Long term, short term etc
And what strategy to use to meet this target - DCA, VCA, buy the dip, lumpsum and sleep. Etc
And also how to manage the risk and allocate your capital. Iet say buy the dip, how many UT funds you are planning to top up during market correction?
and how to allocate your capital to enter? How much money you plan to top up in total? How many cash need to keep?
For example:
let say drop 5% - top up with 10% capital? Or take profit / cut loss?
next day drop another 10% - top up with another 20% capital?
next week drop another 10% what you gonna do
same to after gain profit, are you going to take profit at xx% gain so in the future during market correction you will not be regretted?