lost your money in a stock market crash?

By M.Farouk Radwan, MSc.

Lost your money in a stock market crash??

Have you lost your money in one of the stock market crashes? you must have felt the pain of watching your share prices drop drop day by day.

The feeling you get when you lose some of your money each day is one of the hardest feeling’s ever,especially if this money was collected over a large period of time and then lost within in few days or few weeks.

first of all, how to stop the bad feelings

In order to get over the bad feeling you must first stop the loss then try to accept what happened. In case you haven’t sold your stocks yet, make sure you consult a professional to know whether to sell or not.

After all even if the shares are dropping selling them might not be a good idea as they might go up again.

In case you were advised to keep the stocks, know that the bad feelings will be there as long as the price keeps going down. You have to be patient in this case and know that it will go up again. After the price stabilizes you will still be feeling bad but not with the same intensity as before.

As soon as the price starts to go up again you will feel much better. Most of the bad feelings go away when the price reverses the direction of movement from going down to going up because hope will start to shine again.

If you were advised to sell then do it. Even though you will feel bad still part of the pain will go away after you sell your share. This is the first step towards acceptance, declaring that you have already lost the money will allow your to move to the next step which is thinking how to bring it back.

its not the end, this may be the beginning

Decide that this wont be just a loss and that it will be a turning point in your life.

Decide that you will learn how to invest properly and be like warren buffet.
Warren buffet is the second richest man on this planet, he made his money from the stock market, his wealth is worth 43.5 billion just 3 billion below bill gates yet more than 20 billion ahead of the third richest man.

You may have already developed a false belief about the stock market. this belief could be something like “there no way to make money in the stock market unless am rich” or “the stock market is random and cannot be predicted".

If that's the case then Its time to test the belief. Questioning the belief includes learning, collecting information and talking to experts.

Once you get rid of such a limiting belief you will be psychologically prepared to start again and regain your money.

Farouk is not only holding several degrees in psychology but he is also an MBA holder, a stock market investor and an entrepreneur. The information you are reading now can dramatically increase your chance of increasing your wealth and becoming reach. If you have any doubts regarding these statements then read what other visitors say about 2knowmyself.com.The book How I did it was written by Farouk and it explains how he managed to make a website that generates thousands of dollars/month in less than 2 years without paying a penny.

Did that help?

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