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Poll > Are You Timing The Market?
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seekingpower
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#1
Feb 5 2021 06:16am
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Greater
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#2
Feb 5 2021 06:25am
Quote (seekingpower @ 5 Feb 2021 07:16)
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Look for downtrend penny stocks breaking into new pattern. Make sure it has high volume. Buy. Set sell order for 2%.
Find another stock. Rinse. Repeat
seekingpower
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#3
Feb 5 2021 06:56am
Quote (Greater @ Feb 5 2021 01:25pm)
Look for downtrend penny stocks breaking into new pattern. Make sure it has high volume. Buy. Set sell order for 2%.
Find another stock. Rinse. Repeat
So u do it or not
SBD
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#4
Feb 5 2021 08:53am
No. Most evidence shows its not effective and by going with purchasing single stocks you're typically taking on systemic and systematic risk.
For play money - Yes.
This post was edited by SBD on Feb 5 2021 08:53am
seekingpower
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#5
Feb 5 2021 08:54am
Quote (SBD @ Feb 5 2021 03:53pm)
No. Most evidence shows its not effective and by going with purchasing single stocks you're typically taking on systemic and systematic risk.
For play money - Yes.
Time in the market beats timing the market
SBD
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#6
Feb 5 2021 08:54am
Quote (seekingpower @ Feb 5 2021 07:54am)
Time in the market beats timing the market
Agreed.
moutonguerrier
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#7
Feb 5 2021 11:47am
Quote (seekingpower @ Feb 5 2021 09:54am)
Time in the market beats timing the market
true for 99% of traders/investors
Pharaohmon
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#8
Feb 5 2021 12:46pm
I try to when im building a new position. I’d just wait and keep buying the dips
I dont daytrade tho
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