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>> No.17437877 [View]
File: 372 KB, 2415x1400, SandP_support_resistance.png [View same] [iqdb] [saucenao] [google]
17437877

>>17437795
>>17437812
If the market continues to "plummet", you thank the gods for their grace in allowing you to buy more at a discount. If you are already all in you start selling valuables. If you have literally every single last dime in the market then you start rolling shares over to out of the money call options. If it "plummets" more roll more shares. If it keeps going roll the calls themselves until the inevitable rise. Then rest easy as /smg/God status is assured.

If you think you wanna try trading then see pic related. The green lines are past support. When the price plunges through the support, expect a retrace back to it before that previous support becomes new resistance. Buy when the price breaks through and sell on the retrace. Just make sure to keep some so when we do end up going back up you'll make some hefty profit. When the market acts like it does now you get massive easily tradeable volatility and where the retracements end up are usually quite predictable hence the lines. Or just buy and hold, up to you. You don't have to go all in at once but at least get a little and if it goes down more, pick up more.

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