3 steps you can take reduce the discomfort of buying low
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“Buy low and sell high“ is a ubiquitous and perhaps one of the oldest of the Wall Street quips. Everyone knows that is how to make money trading stocks, right? ;) But is it really that simple? The idea of buying low is attractive. I get it. It feels smart to pick the bottom. But trying to pick bottoms very often leads to poor entries and big losses.
3 steps you can take reduce the discomfort of buying low
3 steps you can take reduce the discomfort of…
3 steps you can take reduce the discomfort of buying low
“Buy low and sell high“ is a ubiquitous and perhaps one of the oldest of the Wall Street quips. Everyone knows that is how to make money trading stocks, right? ;) But is it really that simple? The idea of buying low is attractive. I get it. It feels smart to pick the bottom. But trying to pick bottoms very often leads to poor entries and big losses.