Wheeling the Dip - Bearish Bull ๐ #ETF Adventures with Moomoo
When candle knife drops red , when it dips everyone is in fear, when you feel afraid , that is the time to buy
My layering wheeling strategy I always keep a strategy to buy 20%(1st layer) of my cash flow on the first dip it the stock drops 8% -10%.
Once a head & shoulder is formed,a reversal trend is confirmed , I will buy another 30% with the initial short winnings (2nd layer), and cash out once it a reversal is formed.
Third layer, remaining 50% cash flow is to be a buffer if a long squeeze happens and to keep position open.
Always invest moderately, use Overbought as weapon for you not against you. #Alhamdlh Not Financial Advice.
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