You hit the nail on the head. People really need to be confident in their trade. You can't panic sell because usually you do it right at the bottom of the correction. The best strategy is to keep buying all the way down. When it is going up, that is when you sell. If you are thinking long term, your best strategy is to treat your investment like a deposit in a CD. The term is not a fixed time, but rather when your investment has performed the way you wanted it to. Keep your portfolio bullish and stay strong. :)