#DXYZ's sharp rise has prompted many investors to ask, can we enter the market at 39-40 now? This reflects the FOMO mentality of most retail investors, which easily leads to chasing high prices and getting trapped. What is the most effective way to enter the market? I'm not saying it's safe, because there is always risk in investing.
If you don't have any stocks at hand but are hopeful yet afraid of getting hurt, the operation method can be as follows:
For example, with 100 shares, you can buy 10-20 shares first. If there is a 10%-20% pullback, you can buy another 10-20 shares. Conversely, if it continues to rise, you can buy in the same way.
Of course, you can also set a stop-loss point. For example, sell if it drops by 10% after buying. It depends on each person's investment style.
If you already have some shares on hand and they have risen by 40% to 50%, but you didn't buy much and want to earn more, then you can chase the high stock price. If it keeps rising, you will earn more. If it corrects, as long as the price does not fall below the average value of the total holdings in your hands, you don't need to worry. If it falls below the average value, you can consider selling some of the stocks bought back at a higher price.
#InvestingInUSStocksCanLeadToWealth