Buy the dip

Quote from pikachu9:

BTFD ... it works until it doesn't.
More...

BTFK has much higher probability to success in bull market than pick the top/bottom.
You won't hurt much if you are wrong, as long as you have a good trade management and hedge properly. This is the real edge but sadly so many amateur ET never understand. They think pick the top or bottom is cool and smart, this explains why their trading account never grow to more than $25k
 
Quote from galvinlee888:

BTFK has much higher probability to success in bull market than pick the top/bottom.
You won't hurt much if you are wrong, as long as you have a good trade management and hedge properly. This is the real edge but sadly so many amateur ET never understand. They think pick the top or bottom is cool and smart, this explains why their trading account never grow to more than $25k
More...
You are right. The thing is How to tell whether it is bull market or bear market?
 
You must log in or register to reply here.
Back
Top