Timing The Market is a futile exercise and if you have larger account size, you should never do it... even you succeed once or twice, for a 10, 20 years duration, it will take away all the gains.. below is an example how to enter market with a proper long term strategy..
@TheLongInvest@TheLongInvest - Don't come very often, sometimes wait time is for years..for salaried people do you think DCA could be better option or just park and wait?
@CyclesFan@BonesCrypto Do you have any guidance how to use these charts to buy ETFs or Stocks in good value? Not specific buy and sell but in general..
If you are young and want to get rich quick and have been successful in ZERO DAY OPTIONS to double your capital in a day or two, be assured, it will all be taken away..sooner than later.. no one ever got rich by doing Zero Day Options..
If you are new, this should be your first goal.. to get above 100k in 5-6 years.. its not that difficult..if you are 24-25 years old you should have 100k+ by you are 30-31..
You should never attempt to get a multibagger, guess what, you will get one but to manage risk, you may enter 10 other stocks, over 5 years, 10 years, you will fail in many others and all the gains will be taken away..
If you have 100,000 cash and want to invest, never buy single stocks. Stocks move in cycles, if you are not an expert on the company and industry, enter at wrong time, it could take forever to generate sustainable return over longer period..
A young person to a 60+ year with large corpus, there is no need to glue yourself to screen or disturb your job, the mental peace and confidence of always winning makes it the best strategy ever.
Timing The Market is a futile exercise and if you have larger account size, you should never do it... even you succeed once or twice, for a 10, 20 years duration, it will take away all the gains.. below is an example how to enter market with a proper long term strategy..
Using long term charts of S&P500 and NASDAQ gives best view and helps understand the risks and measure wait time before next run begins. Our strategy is very simple, we buy low and sell never, we sell some in market tops to accumulate more in next low..