[LIVE] Day Trading | Buying the Dip. * Gulp *
You watch as the price drops and you decide it's time to "buy the dip". As humans, this can be a very intense moment in time. Our human minds don't feel comfortable because we are doing something opposite to what we are seeing. We want the price to go up so we can make money, yet, the price is currently going down and we're going to buy? * Gulp *. This is the power of having a valid day trading strategy with rules. The strategy does not mean you will make money every time you buy the dip. but it does give you a comfort level of how you will need to maneuver as a trader in the event you are wrong. Risk management is a key attribute all us day traders must develop and preserve. We can't be right all the time and if you buy a dip that is actually going to keep dipping way more, you don't want to turn yourself into a bagholder! Let me show you what I mean using some real life day trading results that I was able to capture, live, on video.
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