Quote from: nydiacaskey01 on January 07, 2019, 07:13:25 AM

when do you know if its the dip or it will continue to drop? it takes a lot of experience in reading charts and graphs to determine one and its very risky.

I believe no one will be able to predict the accurate point of dips and that is the reason experts are always suggesting to go for buying at a regular intervals so that you will never miss the exact dip levels. Yes, we need to buy at regular intervals so that definitely we can catch some dips. It means we should never go for investing all our money in one single shot.

Quote from: nydiacaskey01 on January 07, 2019, 07:13:25 AM

Another is timing and emotion is very important when you buy during the dip. People tends to panic when they see a huge dip already and might sell off when they feel its hopeless.

Controlling emotion and waiting for market to cope up, is just a part of basic essentials to get into trading. When we are not ready with this part of emotion control then it should be always better to stay away from trading. Because, we cannot assume when we will be having market to go as per our expectation then it is always good to control our emotions so that waiting for right market will not be a problem.