Hey, Ross here: As we close out the trading week, let's look at an encouraging sign for the market. |
Dip buyers are providing valuable support for the market – and articles like these (not to mention the recent market performance) – will only encourage more of them to join in. Even notorious market bear Michael Burry tweeted yesterday that he was wrong to tell people to sell earlier this year. |
And even though I don't normally recommend a dip-buying strategy because there's too much risk of catching falling knives – this is undoubtedly a positive sign for the market. Because dip buying can quickly turn into rallies – and that's where my breakout strategies truly shine. But what if you do want to try your hand at some dip buying? Then read on. |
P.S. Want me to send you special trade prospects and potential market moves directly to your phone? Text the word ross to 74121. |
When it comes to buying dips, those with more knowledge win. |
Think about it. You have a whole bunch of stocks that've been steadily "dipping" for months. Which ones are worth buying the dip – and which ones are just falling knives that will puncture more holes in your account? For dip buying to really work, there must be some catalyst that will eventually cause a particular dip to reverse course. The problem – most often, you have absolutely no idea what these catalysts could be. But there is one specific group of traders who could know exactly what these price-moving catalysts – as well as when they could happen. And if you know how to "follow" these traders, you could get in right before these catalysts cause a dipping stock to rapidly swing upwards. I explain how here. |
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