Hi Everyone
The market has been full of curve balls lately BUT we don't panic - we reaccumulate. This makes for a great example of why one should avoid spending your entire free capital on one position/one entry point.
It is possible that this is part of a bear trap I discussed not too long ago (see related ideas).
Always have some free capital and with that you divide it into different entry points (dollar cost average).
You might not get all of your scattered buy orders filled but you would be trading a lower risk profile.
Best Regards
BlockTechEv
The market has been full of curve balls lately BUT we don't panic - we reaccumulate. This makes for a great example of why one should avoid spending your entire free capital on one position/one entry point.
It is possible that this is part of a bear trap I discussed not too long ago (see related ideas).
Always have some free capital and with that you divide it into different entry points (dollar cost average).
You might not get all of your scattered buy orders filled but you would be trading a lower risk profile.
Best Regards
BlockTechEv
