Stock market investors will never pray for a repeat of the past eight trading days witnessed in the market.
The decline at the stock market section of the Nigerian Exchange Limited (NGX) is so bad that both the market capitalisation and All-share index dipped.
At the moment they will be worried and looking for a way to get back what they’ve lost.
You see the best time to make investment decisions is not often after recording losses.
Research has it that most people make rash investment decisions at such points and wind up regretting it.
Have You Read: Stock Market Investors Record Eight Consecutive Losses
In the last eight trading days at the stock market, trade have been ending in the negative.
Investors have tried several techniques but ended up with the same results.
The losses recorded by investors on April 17, 2024 was the highest, as the market closed negative with ₦1.1 trillion loss.
To help investors manage the situation here are some things investors can do after losses in the stock market:
Take a break
Investors can rethink their strategy and take a short break from trading.
Diversify
Diversifying can help offset losses and underperformance. Investors can spread their investments across different asset classes, sectors, and geographies.
Rebalance
Rebalancing involves selling or buying assets in a portfolio periodically to maintain a desired level of risk.
Consider dollar cost averaging
Dollar-cost averaging involves buying the same dollar amount of stock at specific intervals.
You May Also Like: Share Price Decline Forces Investors To Lose ₦636bn In 2 Days
In a bear market, it can lower an investor’s average cost, providing them with an opportunity to recoup losses more quickly if prices rebound.
Cut losses short
Exit early while you’re running into loss and have patience while you’re incurring profits. This way you’ll lose less and earn more.
Meanwhile trouble may have knocked on the doors of Dynamics Church, after Pastor Paul Enenche accused member of giving faking testimony.
Netizens have critiqued Enenche over his comments. Should he have kept quiet or just let the testimony be, since only God knows the truth about all matters
Please watch the video
