LEGITIMATE question: how do you buy when price is rising?

[IronFist]

Buying decreasing prices is super easy.

Buying into an uptrend is the most challenging part of trading. I literally cannot do it.

How do you psychologically do it?

 

[gunner_trader]

Easy. Buy as a stock breaks above resistance and look at those charts. I dont like buying parabolic moves, although I somethimes do, I like steady moves up.

 

[deaddog]

The majority of my buys are at new highs. There is no one trapped above me waiting to get out at break-even.

Stocks that become ten baggers make a lot of new highs.

 

[nooby_mcnoob]

The majority of my buys are at new highs. There is no one trapped above me waiting to get out at break-even.

Stocks that become ten baggers make a lot of new highs.

Interesting. Have any example trades you've taken recently?

 

[morganpbrown]

buy and set tight stops if you can't handle a big loss. That's what the trend following gurus recommend, anyway.

 

[deaddog]

Interesting. Have any example trades you've taken recently?

I trade the Canadian Market. BNS (Trades on NYSE also) on Dec 2 and SLS (TSE) on Dec 16

 

[VEGASDESERT]

like this, after a really strong breakout, you can buy high its fine..

here's a trade i took of nio from last thursday

 

[ET180]

Buying decreasing prices is super easy.

Buying into an uptrend is the most challenging part of trading. I literally cannot do it.

How do you psychologically do it?

Because I'm short calls and need to buys shares to reduce my delta. That's one way to adjust a position.

 

[JSOP]

LEGITIMATE question: how do you buy when price is rising?

-You don't. You wait. UNLESS you psychologically convince yourself that the price will rise even higher after you buy. That's the only way.

 

[Scataphagos]

Buying decreasing prices is super easy.

Buying into an uptrend is the most challenging part of trading. I literally cannot do it.

How do you psychologically do it?

Easy. Hold your nose and pay up. The alternative is to wait for a pullback which may never come.