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jimkane
Rep: 3,058
Posts: 33,089
Starting it off...
JI
jimkane
Rep: 3,058
Posts: 33,089
ES made the entire drop back. No surprise. Just one more dip to buy.
JI
jimkane
Rep: 3,058
Posts: 33,089
And AAPL explodes up.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, a dip, time to load up with more (not a recommendation, just an opinion).
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's a strategy that is super bad when trading, but I think it will work wonderfully with AAPL here. Dollar cost averaging down.
JI
jimkane
Rep: 3,058
Posts: 33,089
The more it drops, the more one buys. It will be 600 tomorrow, for sure. All the announcers are talking about what a monster beat this is, and how AAPL has hit the sweet spot. They are gushing. Time to load up on this drop, it will reverse soon.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, 506 cost basis in here. Let's say one bought 1,000 shares, a nominal position.
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jimkane
Rep: 3,058
Posts: 33,089
If it drops then another 1,000 can be added.

P.S. If anyone is taking me seriously, you're fired. Get out.
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jimkane
Rep: 3,058
Posts: 33,089
I'm not saying it won't work, I'm just saying don't take this as advice or attempt to actually do this.
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MarcinO
Rep: 67
Posts: 5,506
Now you're telling this?
Does it mean that I will lose $3,000 I've added so far ???



Originally posted by jimkane

If it drops then another 1,000 can be added.

P.S. If anyone is taking me seriously, you're fired. Get out.

JI
jimkane
Rep: 3,058
Posts: 33,089
AAPL at about 522.
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2013 11 01 at 12 26 35 pm png

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screen shot 2013 11 01 at 12 31 07 pm png