stock market vocabulary What is doi❓

stock market vocabulary What is doi❓

For this article, we would like to present the knowledge about familiarity in the industry of stock investing, that is, the word "Doi Doi", bring this word to leave each other. If you're ready, let's go see it.

🔹Stuck in the mountain, what is this?

Doi Doi means that you go in and buy shares at a certain price. And after that, the price of the stock has moved down and down. and there is no going back to the original price you bought. By making the price you buy becomes a higher price by default. It has been compared with the high mountain peak itself. Therefore, it is the origin of the word Doi.

🔹 What causes people to become addicted to the mountain?

That's because you bought the stock when the price was almost at the peak of the stock cycle or the stock went for greed. Because in this case, it often happens to people who buy stocks without having a good study of the stock's information. for this reason The most important thing is to study before buying a stock and analyze whether the stock is fundamentally good or bad before buying.

🔹Methods to prevent addiction

1. Knowing the stop loss is to sell at a loss when the stock price doesn't go as expected and is another way to help you escape the mountain.

2. Buying stocks with a good foundation By buying stocks with good fundamentals, there may be some volatility in which stocks with good foundations tend to be short-lived and over time the price of the stocks will be cheaper. adjust to real value

3. Share purchase, which is another way to help reduce symptoms of mountain addiction.

How are you? Hope this article is helpful for all readers and see you in the next article.

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