it always worries me when the market dives down but it always seems to correct itself for the most part. I just have to look at this as opportunities to buy!
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Following, Upvoted and Resteemed. We're in this for the long haul buddy. Like my company commander in boot camp always told us, "Don't worry about the mules, load the wagon."
Are you familiar with Fibonacci, Dow, and Gann support/resistance levels (retracements)?
I have a spreadsheet that calculates the levels, you just have to enter the start and end price. This means, you pick period x/trading day x for when the price begins to rise, and say, now--3 days later, the price is x amount of dollars higher, enter the 'start' and 'end' price in the xls file, and it calculates out the retracement levels you can mathematically expect during volatility.
I meant to upload the file over a month ago, as when I searched for these things on the internet, people build overly complicated ones, and I just wanted a simple one that takes up less than a screen, that lets me enter a price range. I've seen some that get lost in date functions and all kinds of wannabe esoteric BS that isn't needed.
Let me know if there is an interest in such a file, and I'll get it uploaded. I made it as part of a technical analysis project, and the various cells are loaded with comments explaining things. Plus I'm on here for contact too.
Make sure that you are not "betting the farm" (do not invest more than you can afford to loose.) ;)