Bonta
2023-01-15

There's a saying between my investing group of friends.

"Red means buy"

We love getting caught up in bear markets.

Markets are throwing discounts at our faces. Great stock sales. Quality companies are selling at rock bottom prices, what's not to like. [Cool] 

However, we really dun like stock rallies...

Opportunities to buy cheap stocks become lesser and lesser. Discounts are hard to find.

Riding rallies up, worsen stock average price by averaging up instead of improving stock average price by averaging down. 

Hence, my friends and I are loving the current bear market. Please give us more bears [Cool] 

Missed a Stock Rally or Caught up in a Down Trend?
Which is more unpleasant in the stock market, Miss a stock rally or Caught up in a down trend? "Missed a stock rally" means you didn't buy a potential stock that proved to increase much. "Caught up in a down trend" means you buy a stock at a down trend, and it keeps declining after you bought it. ---- [TOPIC] Which one is worse for you: Missed a stock rally or Caught up in a down trend? Do you have the same experiences? ---- [REWARDS] Join our topic to win tiger coins~
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Comments

  • LeilaLynch
    2023-01-15
    LeilaLynch
    We're still in a downtrend as of January 2022. But the market's telling us it wants to change. Until then, we're still in a downtrend. The market decides. Not us, not ever.
    • Bonta
      Agreed. as i dunno wheres the bottom, i feel that it will be better to accumulate via dca. at least lesser regrets when it eventually rallies
  • MatthewWalter
    2023-01-15
    MatthewWalter
    I’m used to being a bear when a good majority is bullish. too many bears scares me. I’ve to change strategy. not going to fall in this trap.
    • Bonta
      [Victory] prefer contrain then to follow the crowd. Lemmings get killed
  • KittyBruno
    2023-01-15
    KittyBruno
    don't underestimate how fast this can climb but also don't underestimate the rogue waves that will come and wash the greedy out here and there. We're due for another one.
    • Bonta
      Agreed. Fun times ahead
  • Papa Bear
    2023-01-15
    Papa Bear
    nice
  • KingJo
    2023-01-15
    KingJo
    Ik
  • Ignatius Teo
    2023-01-15
    Ignatius Teo
    Awesome
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