InvestorsHub Logo
Followers 44
Posts 7733
Boards Moderated 3
Alias Born 02/20/2002

Re: Adam post# 42701

Saturday, 02/10/2018 10:01:08 AM

Saturday, February 10, 2018 10:01:08 AM

Post# of 47066
Hi Adam

If it is really that volatile you will get another chance.

I think the market is more likely to decline here than go up in the next 6 months. But I just follow AIM as I really have no clue either.

I have no problem with checking more than once per month but I would wait 30 days between trades and then place GTC orders. The reason being is that the market moves the same direction in waves.

To take this to an obsurbed extreme, if you were Aiming XIV OR SVXY you would not have wanted to buy more every 10 minutes as it dropped Monday night. It would be better to wait some time to buy again ( the next morning)

By the way, what you are talking about is just the opposite of the OCROFT method of delaying trades till a stock price reverses.

After the flash crashes I have thought of placing extremely low GTC buy orders on the securities I own or a derivative security of the S+P 500 that was indexed to the S+P500 ( Guggenheim equil weight fund ) that dropped a lot more before recovering.

Good luck with all your trades
Toofuzzy

Take the road less traveled. It will make all the difference.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.