The perfect strategy to buy when the market is down!
Perhaps you have some free money that you want to invest.
You always hear that big players are buying the dip when the market is down.
How are they doing it?
Let's say you have $100, and the market is gradually decreasing, this trend might continue for some time perhaps a month or even longer.
So, You don't buy with the whole $100 at once. Today, you buy 10%. In a few days, if there's more of a dip, you buy with 20%. The next week, if the price drops again, you buy with 30%, and so on.
Everything revolves around your average buying price.
The more you buy during the dip, the better(lowest) your average buying price becomes.
Yesterday's events were a great example of applying this strategy with 10% to 15% of your funds for buying. Now, we're waiting for the next moves..."
Shalom.