Is dozu888 buying averaging down long? Adding to his longs? Buying the dips? That is what long-term investors do. I prefer short term trading taking both sides of the market as inertia carries it wherever it is going.
if you can't read this shake you might as well stop trading. this one is more fake than the recent ones... we had China slow down, oil crisis, inflation scare etc in the past few drops.... this one is so fake.. buy everyone is blind.
Like I said he is buying more which is not necessarily a bad strategy at all...yet. See small pb bear trends are made because bears are pushing while bulls are loading up. Slowly. Bears are winning at the moment but not for long. Once bulls get loaded up guess what? Well I will divulge the secret....once they are loaded up price is going north toting Dozu888 right along with it.
So are you leveraged or not? Your approach makes a lot more sense if you're freeing up cash from other investments and buying more...as opposed to actual leverage.
well.... this is a good lead in to a good topic I want to discuss.... the bulls and bears is not a very good description of how the market works. long/flat/short is a much better one. because many people can be bearish but just flat and they have no influence on the price. the smart boys know what their plan is and where they want to move the price eventually.... but there is no surprise along they way they have to wash the market clean... like there are guys like @Overnight secretly mortgaged the house but didn't tell anyone lol... and if he's gonna have to foreclose in 3 weeks that's a great example that the smart money won't carry the short term speculators to heaven..... sorry @Overnight using you as an example lol... but these short term speculators in for a quick buck must be shaken off the rally train for it to finally reach the promise land. again, what is this drop different from 1/27.. China new cases already in sharp decline.. this is nothing more than a flu that kills a few more on the infected, why THIS FLU is so bad? these things are decided in secret meetings.... and they decided that there are enough excess in the market it's worth a shake. I say 'worth' because the shake costs money, you need so many contracts to knock it down, and some of them may get scooped up by the SMARTER money.... so can you knock out more stops, or does it cost you more to knock them out? it's a judgement call for the smart boys, but they are usually right because fear is a very strong emotion. plus they have the media at their disposal, every shake campaign is accompanied by wall to wall media coverage, just to put more pressure on your fragile nerves. come on guys.... elite traders right? these shakes basically all come out of the same play book, but the stories are not exactly the same, but it doesn't take a rocket surgeon to see thru them because they are such obvious shakes.... there is no fundamental reason for any of this BS. we are STILL running out of shares, nothing is gonna change that until we get to SPY p/e 50 QQQ p/e 75. and please don't piss in your pants..... my portfolio is going up and down by hundreds of free virgins here... but do I care? no, because I know what these boys are doing and I appreciate that. I know the boys are doing the work for me.... they are cleaning the market for me... they shares must be in the right hands for the rally to continue to much higher places. understood? elite traders. it's so obvious.... replay how it was the last few scares... mid 2015 china slow down; early 2016 oil crisis; late 2018 inflation scare; the first 2 were so fake but they were able to shake off the short term guys.... the 2018 one was good... that one sounded half legit, but with rates negative everywhere else they couldn't really keep it going lol. come on guys, how many fake shakes does it take for you to learn? again - read thru these posts carefully, and replay the past shakes. this is HOW THE MARKET WORKS, AND HOW A MASTER THINKS. do yourself a favor and study carefully in these times. or you should just buy and never even look at the price again. it's so obvious but why is everyone blind?