Jenna,Nice Post- I concur. I probably took it out of context (dip),as I am new to this thread and haven't learned your strategy. The term dip is way too loose, just like the word "daytrader"!!
Buying a stock(long) when a stock is falling is very tricky ,but if we adhere to our discipline(proper money management,stops,etc.)and pay attention to our technical indicators(MA's,trendlines,support,resistance,Fibonacci retracement,etc.)it can work,especially with fundamentally strong stocks. I just hate to wait for cup and handle breakouts,etc.
Regards,fftrader
P.S.I'm impressed with all the posts on this thread, I don't know how you can keep up and find the time to trade.
Good luck!!! |
