Buy the rip vs. sell the dip: Which hurts the most?
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Contents 29
After working in finance and equities for about 20 years, I think just a few points summarise markets
1. There is always a trend.
2. Momentum, whether its upwards or downwards, makes you money or teaches you a lesson.
3. Markets have always recovered from a crash.
4. Markets do not go up in a straight line.
5. Institutions can often short the market and stocks (which they have been doing in September). This adds downward pressure.
6. Then, negative catalysts (news, data) snowballs markets lower.
7. But after a technical trigger is hit, any positive news, seems to push markets up.
8. If its sustained, a new trend, and upward momentum can be formed. And then you realize market have recovered.
9. Focusing on quality, dip buying and using seasonality helps build long term wealth.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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151453268 witso : Number 9 for me the rest makes my brain hurt
Invest With Cici : Timeless principles Appreciate the valuable sharing
Jessica Amir OP Invest With Cici : appreciate you for sharing x
Jessica Amir OP 151453268 witso : hahaha. You made me laugh.
Jooooohn : Needs to be a monthly post or a poster on the wall. Hang in there.
Coach Donnie : Awesome @Jessica Amir