Don't expect price to shoot up the moment you purchased !

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Don't expect price to shoot up the moment you purchased !Tencent Holdings LtdHKEX_DLY:700dchua1969We often watch movies depicting the professional killers as cold blooded, professional and devoid of emotions. That's why they are so good at their job! Ok, not the best analogy but you get my idea when applied to the world of investing ! We somehow feel better/happier/hopeful/at peace when the moment we bought a share of the company, ETF , forex currency ,etc and expect it to move to the directions we want within the next 24 hours (better if IMMEDIATE, haha). That , however is not how the world of investing works. In the short term, the stock can move in irrationally and that gives the investor an opportunity to buy in cheap and allow compounding to work its magic over time. One is best to buy and forget instead of staring at the chart every day and gives yourself heart palpitations and stressful nights ! For example, we can see that the price in Tencent is still on a downtrend channel and so long the price is not moving out of it and goes sideway before breaking out, there is still a chance for it to heads south towards the next support level at 363.20. That would be appetising as if it falls to that level and rebound (possibly), then we would have a triple bottom formation. And yes, sending all the gains in 2025 back to naught which can be devastating for some when they see their shares turning from green to red. Everyone would be a millionaire or multi-millionaire had we all took all our savings and bet BIG on any of the 7 magnificent stocks in US but my guess is we probably dabbled in some of them and regretted not betting MORE in it. Same here, if you pull back the chart and calculate for yourself had you invested in this company 10 years ago, 2015 , your returns are also pretty amazing as well. So let's be patient and let time do what it needs to do and we as investors continue to hunt down the good quality companies that generate consistent returns YOY and have a decent economic moat ,etc. As usual, please DYODD