Five Classic Financial Techniques
Understand and Benefit for Life
First, buy on the dip, not on the rise; sell on the rise, not on the dip; to act against the trend is to be a hero.
Second, do not sell on a spike, do not buy on a drop, do not trade in a sideways market.
Third, if there is a high-level consolidation followed by a breakout, seize the opportunity to sell quickly; if there is a low-level consolidation followed by a new low, it’s a good time to buy heavily.
Fourth, if there is a pullback near the end, wait patiently and do not sell.
Fifth, in a high-level consolidation, do not wait to sell.
