Welcome Caught, (plenty of rain pouring down in Geelong this weekend).
This topic is one of the most enjoyable parts of trading, topping up in up trends. To me it’s basically buying in any dip. It certainly requires a bit on conviction to the trend combined with a few FA’s but very rewarding. Check out the current chart on BSX for example. Thankfully nothing goes up in a straight line so these dips are there purely for you to grow your position as well as allowing indicators to re-set.
There is a heap of YouTubes available on the topic, here’s one.
Cheers.
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- Day Trader’s Weekend Aftermarket Lounge 21 Aug 2020
Day Trader’s Weekend Aftermarket Lounge 21 Aug 2020, page-91
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