“Buy the Dip” - How I Find These Stocks to Trade
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One of the most famous day trading and investing strategies in existence is “buy the dip”. This stock strategy can be called several other names, but at the core, the general idea is the same. If you are a beginner to the stock market and day trading, you’ll want to be careful that you don’t put yourself in situations that don’t make much sense, and are therefore way more risky than they need to be. In this video, I am going to show you how to get started with the “buy the dip” strategy so that you can put yourself in situations that DO make sense. That does not mean there is zero risk (there’s always risk in the world of trading and investing!), but it does mean you’ll be looking at situations that are more logical. If you want to find overall success as a trader and investor, the goal is to avoid random situations and find situations that have solid reasoning behind them. Take note, “solid reasoning” does not mean a guaranteed strategy to make money, but it does mean there is structure behind your decision making process. We are not here to gamble and throw darts around to find day trading ideas, we are here to attempt to gain an edge in the market through logical decisions. As always, risk management and discipline will be the backbone to the “buy the dip” strategy; however, we first need to just learn how to start in a smart way. Let me show you a few scans that you can use with some basic rational that, hopefully, “make sense” in your mind as I explain. Let’s get to it!
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