Market have corrected by ~12% from its highs recently.
Keeping aside emotions, let’s be practical.
How low can it go?
15,000? Max to Max 14,000 is my extreme fear gauge. That’s another ~13% down from current levels.
Mathematically speaking, the practical downside left in near term is ~13%.
If you sell now, you may save yourself from losing ~13% money in case market falls to 14k.
However, you risk losing the virtually unlimited potential upsides from here.
Selling at these ~16k levels is not a wise decision as per me.
I strongly feel, the risk rewards have significantly improved in many counters recently. These are the times to either hold your portfolio with patience or buy all the dips in multiple trenches if you’ve cash.
Markets rise back sooner or later.
Those who are in, enjoy the gains. Those get out, regret.
Stay invested. Best days are about to come sooner than one can think.
Thank me later, like most do who stayed invested on my advice and made bumper profits once markets recovers.
