you need to change your entire investment philosophy.
buying when prices are low works with index funds because they'll always go back up but it doesn't work with individual stocks because I have seen plenty go to zero.
It's even more dangerous when you're only holding 4-5 stocks because if a few keep going lower then your portfolio will go to smithereens.
Be greedy while others are fearful only works with index funds/etfs
Sometimes you get the odd one like Afterpay but those are rare.....
I would never buy NXL because it's pretty clear it has been a pump & dump scheme.
Yeah, you might get a 50% dead cat bounce from here or it could go down another 50%. Instead, you could buy something like GOOG which is basically taking over the world.....
