It a good strategy though, so far it working for you for now, but I think this is working base on what you have in mind in making your investment, maybe you're looking at the long term, so assuming we have a Bear market that could last for over 3 years , what would you do in such situation?,
because this won't work for someone that wants to cash out his money in the next 3-6 months it won't have the patient.
Well, the strategy is really for long term and he's said that when the market is down and likely in a bear market. It's the time he's packing and getting more to fill his bags.
It could also work for short term investors and traders. But we have no idea if there's going to be an accurate time that it will work on it as strategies are likely to work or not at the right time.