Beginner Question

Discussion in 'Ask any question!' started by JohnnyTradeInvest, Oct 2, 2021.

  1. JohnnyTradeInvest

    JohnnyTradeInvest New Member

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    This is probably the most beginner/naive question ever asked, but how do you know when a stock market crash is coming and to sell your assets when the crash begins?
     
  2. PatelFSU

    PatelFSU New Member

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    I’m sorry but no one knows. If we did, we would all have Ferraris lol.
     
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  3. StockJock-e

    StockJock-e Brew Master
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    We dont know when a crash is going to happen, all we do know is when things look overextended and could possible drop, but the market dropping -25% is a good thing if you want to buy at cheaper prices.
     
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  4. JohnnyTradeInvest

    JohnnyTradeInvest New Member

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    Thank you kindly folks :)
    Well, I like the Ferrari idea, hehe.
    And yes, there is a positive, with a buying opportunity following a -25% drop.
    I like to set price drop alerts in case I'm too far out of the action (since I'm not always an active trader), to alert me if ever there's a major change. I use investing.com alerts. Have to update/adjust them though as prices increase over time.
     

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