To simplfy matters, my philosphy is this:
Buy at the bottem, sell at the top, and buy back again at a cheaper price (if the stock is still worth buying). Every price dip from the daily highs, are profits lost if you just sit and hold, IMO. But do I buy Pair at 18 3/4 today, since that was the daily low. NO, the TAs say we're going lower, and I will wait till just before earnings to get back in to play my source info.. Each day has its own personality, and for the Hyperactive trader like myself, I take each day as it comes. I would much rather jump in Pair at 17 3/4, and watch it go to 16s if need ne, than be in at 18 3/4 and see it fall as previously stated. To each is own, to each day there are winners and losers, but a Market is based on a majority of losses, and we must avoid that majority. |
