Historically, the second stage of bull market (which will last 9 months to 2 years) is the most difficult stage to earn money during the entire bull market cycle. This is because it is a flat market and thus the stategy is to buy at the support and sell at resistance. Of course many other factors eg. market sentiment need to be considered when making the buy sell desision. I personally will only start buying gradually when the index is down around 15%. What is your strategy for the market correction? Why? Please kindly comment. Thanks.
Opinion: Why any stock market rally right now will be quick<blockquote>观点:为什么现在股市反弹会很快</blockquote>
I am bearish with the short term price movement of cryptocurrencies eg. bitcoin and dogecoin. The reason being the uptrend prices rise too steeply causing many investors especially the newbies being trapped (they will be readily liquated their holdings when prices rise). Another reason being the downward price movement is too impulsive causing many leverage positions being closeout. It is slightly better for ETH. However the best case scenario in short term is for ETH to go sideways with strong support at 1900. Be accountable with our own crypto trade, trade cautiously and trade only with money you afford to lose. Cheers!
I believe the correction is not over yet. During the second stage of bull market, the correction can range from 10 to 20%. Be patient and stay on sideline to watch. Trade cautiously. Please comment. Thanks.
In my opinion, now is not the time to buy stockbecause the market correction is still underway. I will be patiently waiting at the sideline since now might be the calm before the storm. Cheers!
The second phase of bull market historically will have correction up to 20% and in my opinion will likely happen from May to July this year. What do you think. Please comment thanks.
Opinion: If you ‘sell in May,’ don’t go away<blockquote>观点:如果你“五月卖出”,不要离开</blockquote>
While many propagate buying the stocks at the red or even at historical low while the market is rising, it is better to buy the stocks rising while the market is down. In other words, buy strong stocks with momentum instead of buying weak stocks with low energy. Please comment and thanks.