yes do what fits your style and strategy. If you are playing
with 3000 and 10,000 shares then it doesn't really matter, wait for
some reversal and better chart - as I said before price may
have a date with that 200 day MA over time unless some news event
rescues it first
but if you are someone like Steve who may end up with 300,000
or 500,000 shares or more then you simply have to scale in on
weakness over time, you can't buy those large amounts on strenght,
otherwise you move price and bad fills
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
yes do what fits your
I think I am Jinxing AAZZF everytime I buy ...
Posted by matt on 28th of Jul 2021 at 02:51 pm
yes do what fits your style and strategy. If you are playing with 3000 and 10,000 shares then it doesn't really matter, wait for some reversal and better chart - as I said before price may have a date with that 200 day MA over time unless some news event rescues it first
but if you are someone like Steve who may end up with 300,000 or 500,000 shares or more then you simply have to scale in on weakness over time, you can't buy those large amounts on strenght, otherwise you move price and bad fills