Buy the dip

5/22 - market close with down.

I just load long positions after market closed.

 

BTFD ... it works until it doesn't.

 

BTFK has much higher probability to success in bull market than pick the top/bottom.
You won't hurt much if you are wrong, as long as you have a good trade management and hedge properly. This is the real edge but sadly so many amateur ET never understand. They think pick the top or bottom is cool and smart, this explains why their trading account never grow to more than $25k

 

You are right. The thing is How to tell whether it is bull market or bear market?

 

Lol, just look at a chart.

A market making all time highs is a bull market!

 

Bear market rallies can make all time highs, too.

 

i think you had 1 too many.

 

Nikkei is having a pretty decent dip down over 7% :eek:

 

Just saw the chart, wow

 

November 2007?