Buy more on dip sounds easy on paper but extremely difficult to execute like the recent Trump induced sharp correction. Once your overall portfolio value is sinking it is hard to convince to inject new funds into good value stocks. The overwhelming thinking at that point is to preserve your existing capital
Only 3 Types of Investor Make Money: Which One Are You?
There are generally three types of players who consistently make money in the U.S. stock market — regardless of market conditions, as long as they stay invested for ten years:
1. The "Never Sell" Type
2. The Swing Trader
3. The "Buy More on Dips" Type
Which type are you?
Welcome to share if you belong to other types!
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