Stay calm and plan for the long term during a market crash panic.

The more the market plummets into panic, the more you need to stay calm and plan for long-term investments.

Instead of focusing only on the short-term gains right in front of you, chasing quick profits from short-term trades.

Even with today's strong rebound, many stocks are still at low levels. What I did right today:

Bought AMD, but the position size was too small;

Bought Microsoft's 450 long call options for year-end, but only bought one contract;

What I did poorly:

Fell into habitual thinking, still kept watching the short positions on APP. The reason isn't about missing profits, but that right now, the effort should be spent on thinking and planning this year's long-term positions, not on making money from short-term day trading.

The US stock market has opportunities for major declines every year. Seizing these opportunities, daring to break through psychological barriers, and adding to long-term positions can save the energy spent later on watching the market and day trading.