WishmeLuck
103613176
OP
:
You dont really need to see the chart to DCA. All you need is to know roughly how much percentage drop to keep adding fund in. Before that you need a strategy and set how much fund you are willing to invest for a stock and how many times you want to DCA.
I will give you example. Lets say i plan to DCA only 4 times. So, i will break my fund into 1+1 + 2 + 4 + 8. Each time when the price drop 3% from my average price, i will continue to add fund base on the proportion. That way i will able to maintain a spread lose of 1.5%. 1.5% paper lost is easy to recover at any trading day. You can adjust the price drop percentage to 4% or 5% base on how volatile the stock is
kheldarX : keep calm :P TGIF
71570786米兰 : Same here, entered at too high a price.
kheldarX : lets see NVDA can break below 116 today..interesting
Warren Buffed : Calm bro, im from $19 lol
JonSnow Warren Buffed : and you go to 1.9
103613176 OP 71570786米兰 : ya....but dunno when to DCA
103613176 OP Warren Buffed : Oops....
kheldarX : Gate broke open..witch-hunt begin..lol
WishmeLuck 103613176 OP : You dont really need to see the chart to DCA. All you need is to know roughly how much percentage drop to keep adding fund in. Before that you need a strategy and set how much fund you are willing to invest for a stock and how many times you want to DCA.
I will give you example. Lets say i plan to DCA only 4 times. So, i will break my fund into 1+1 + 2 + 4 + 8. Each time when the price drop 3% from my average price, i will continue to add fund base on the proportion. That way i will able to maintain a spread lose of 1.5%. 1.5% paper lost is easy to recover at any trading day. You can adjust the price drop percentage to 4% or 5% base on how volatile the stock is
103613176 OP WishmeLuck : thanks for sharing
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