Quote from: Awraawra on Today at 11:16:05 PM

Quote from: jdn_ldn on June 20, 2020, 05:19:34 PM

Apologies if this comes up a lot (as I'm sure it does) but when / how often do you feel is best to buy the dip?

I know its not an exact science but I've heard a few different preferences on this such as:

- When the price decreases x% on the weekly/monthly candle
- When the price moves below the weekly/monthly negative average
- Only a couple of times a year after a major correction
- Just look at the chart and go on your experience / gut

These criteria is good but I think it's been good to buy when the price goes down because we all know that this criteria is good enough. Buying in low price is good to have profit. And no one can predict the price so we must be updated about the price.

Easy to say that you should buy on the dip but when you are on the actual thing then identifying the bottom is a very hard task due to unpredictability aspect of the market.

Criterias been made would vary on each persons way of decision on specific situation.It might differ on some aspects but all do have still the same goal which is to buy in the dips.

Always set out PLAN B's when your initial plan didnt work out and continue if it does even more.