IF YOU SOLD TODAY YOU’RE DOING IT WRONG5 Oct 2021 19:44
Do you think the best investors in world sell their position for a 10% drop? On NO news?…
absolutely not!
With bad news maybe, you’ve been handed a gift here and some of you have flapped, this is where you take advantage!I get that it’s horrible seeing money drop but you need to leave emotions at the door,this is where you top up , buy the dip
You don’t sell when the rsi is below 30
just like you don’t buy when it’s 80/90
The chance for a bounce in the other direction is very high
Buying when the rsi is that low gives you a good chance of getting the 52 week low or near to it
If you bought in March when it was oversold you’d more or likely have this years low(I hope anyway lol) good tech stocks like Microsoft etc don’t even make it into oversold on the daily they get bought up before then
This is where the good buy and weak sell… DONT BE WEAK