The golden rule is don't go all in....put 1/4 first.So even if it retest the support you can put another 1/4.That way you still have 1/2 your capital to trade if it goes south.Speculative stocks can make you fast money and also loose money....My father say always manage your capital so you can trade another day.
That is free market in action.....if you believe it will go up...you buy in....and hope it goes up.The market is aLways looking for the greater fool to buy in....The greater fool is the person who buy at the peak price and the stock goes down.....Many times I was the greater fool....but fortunately my win is more so I can still" invest" from time to time
Wall Street strategists are torn on whether the stock market is about to crash or soar 20% ahead of next week's Fed meeting. Here's where 6 market experts stand.
Diversify your investments.....NIO is not a magic bullet that can make you rich overnight.NThis coming week will be volatile....the market will analyze their investment as react accordingly.My greatest fear is panic selling that gains momentum. Let's hope it can hold above $17[Sweats] [Sweats] [Sweats] NNt
Ahhh thats where chart reading knowledge comes into play. E.g. knowing support and resistance, RSI,MACD..etcTaking positions To hedge your current positionWarren B says.....it is not dangerous if u know what you are doing.But if you dont know what you are doing ....better Trade with demo money😁first
ProShares Ultra VIX Short-Term Futures ETF: Don't Be Lured In
If you buy in everytime it dips below 10%.....usually within 3 months you will start to make money[Grin] use dollar cost averaging.....powerful strategy
If its so negative why are the whales buying in? Obviously they know something we dont Invest for long term.....going for fast money is dangerous statistically.