RE: A newbie in comparison to most investors here30 Apr 2020 17:07
Adam. No advice intended here, but another way round it is to decide how much you want to pay and set a limit order with your broker for that figure. You can select a day, a week or a month as the timescale to achieve your price. I do it sometimes in case I am not watching, can be on buys or sells, but I usually stick to buys unless I put a sell figure way above the current price in case it leaps up for some reason. Sometimes setting a low purchase figure is beneficial if the mm's go on a shopping trip and drop the price to fill an order, you may just get lucky and get it filled before it goes up again. You may find that your order never gets filled but in the meantime you have the option/choice of buying in the market anyway.