Catching a falling knife

HELL is the destination for Dow Jones & BitCoin (going to 3k)

 

I pretty much only try to get long by catching falling knives. As opposed to what? "Don't buy low"?

"Don't buy low and wait for the knife to get hot so it is harder to hold"

The opposite of the falling knife is what scares me. The giant uptick green candle is what I am not trying to catch long.

 

Your sarcasm detector is broken.

 

It probably is. But then again, your sarcasm might not be that good

 

This information is not relevant for me

 

The problem with catching falling knifes is that your FOMO might wipe you out from the market.

 

15% of the time, or 4% of the time, or 6% of the time,....catching a falling knife pays off in trading.
A trader just needs to be self-aware of the unique, current situation, expectations and assumptions for the trade moment.

Each and every trade requires, rather, precise execution and incision.
Well, I'm speaking from a day trading, options, perspective at least. Different people can have different styles, timeframes and instruments and perspectives.

 

Let it fall down then pick it up.

 

Wait till oil starts going much higher and the US strategic oil reserves to be totally bled dry by Joe Biden. Natural gas prices are going up as well. Now, they have to ship it by sea. Shipping costs for the natural gas should be substantial. The real fun is just starting. Extreme liberal media promoting the notion that Europe and the US are doing fine economically. Give it till January 2023. I see these hacks changing their tunes soon enough.