Buy Low! wait till it double!?

Nase
2022-04-24

Am I wrong? I usually buy low and wait 1-2y and hope the stock doubled and sell it off ...what do you guys think ? 

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Comments

  • NinaEmmie
    2022-04-24
    NinaEmmie
    I think this is a very rational investment method, which greatly reduces the handling fee of frequent transactions. I support you very much!
    • Nase: 
      I tried lost cut i tried but cup and handle but buying high to sell higher is really hard for me ( current stuck with Mara) but my other buy low all in red also
  • MurrayBulwer
    2022-04-24
    MurrayBulwer
    Theoretically speaking, your approach is correct. But in fact, how can you tell that you are buying at a low price? I mean, at present, it is not possible to accurately judge the stock price changes in the next 1-2 years.
    • Nase: 
      Totally agree… so i just buy small when i start and the second time it hits the bottom as long as there is divergence on the rsi I usually buy in


      However sometimes it drops more last year it was ok
    • Nase: 
      But this year it is really horrible
    • MurrayBulwerReplyNase: 
      I bought a smaller amount last year, so I only made a little money. This year, a lot of buying, a lot of losses.... : (
  • JamesWalton
    2022-04-24
    JamesWalton
    The premise is that you can choose a very excellent company and there will be no disaster in the world in the next few years!
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