Buying the rip would probably hurt more unless you have a di...
Buying the rip would probably hurt more unless you have a different investment time horizon. Your heart would probably bleed a bit more as you see the stock price drops, right after you have made your purchase. The bleeding worsens when you have run out of bullets while chasing a lower price.
In general, DCA is a good practice to take emotion out of the trade. However, if you find out that the genaral market is on a downturn (probably cyclical), pause the DCA while you look for a brighter signal from the market. Missing the boat (bottom) is better than sinking in the sea.
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Johnnie Worker : Agree that’s permanent capital loss when buying the rip
whqqq : Can you explain DCA in detail? thank you
FattAgain69OP whqqq: DCA or dollar cost averaging refers to investing on a regular basis on regular intervals, e.g. 100 dollar on the first trading day on a particular stock, index or fund. This can usually be automated if the broker has direct access to the funds in your bank account.