Timing the market - what's wrong with buying at lower price ?
Absolutely no UNLESS you have lots of spare cash or ignorant that you can get it at a lower price. Then again, who's right or wrong will depend on a later time when you look back.
Look at Meta chart (
) Of course, it could still comes down to close the gap before going up, the question is when .
I also showed how long the gaps took to close in Amazon case.
So, if you had done your due diligence, then you can buy in tranches ,like 10% to initiate a small position. Then, if it drops and close the gap, you can buy more at 15-20% depending on your capital.
Spending too much time to TIME the market to me is a guessing game , sometimes you get lucky and other times you don't. Unless you like the hassle of monitoring the charts all day and get euphoric watching it , then go ahead else don't sweat the small stuff.
Invest your time wisely !
Look at Meta chart (
I also showed how long the gaps took to close in Amazon case.
So, if you had done your due diligence, then you can buy in tranches ,like 10% to initiate a small position. Then, if it drops and close the gap, you can buy more at 15-20% depending on your capital.
Spending too much time to TIME the market to me is a guessing game , sometimes you get lucky and other times you don't. Unless you like the hassle of monitoring the charts all day and get euphoric watching it , then go ahead else don't sweat the small stuff.
Invest your time wisely !