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/biz/ - Business & Finance

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9188397 No.9188397 [Reply] [Original]

Can somebody who knows his shit about trading help an Anon out? I'm really trying to do my own research and educate myself, but I'm very confused right now. To me it looks like there are two big approaches to trading that seem directly opposed to each other to me.

Seems like half the information tells me to wait for a dip and then buy but the other half says you should sell once a support is broken. Same thing the other way around, 50% says you should sell when the price is high, the other says you should jump on the breakout. So, which is it? Or am I missing something here?

>> No.9188535
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9188535

I suggest you take money out of the equation.
Research and i mean research good projects, invest and hold.

If you want to be posting wojacks then ok too, can be fun as well.

>> No.9188953

>>9188397
That's why trading works, half the time people are right and half the time people are wrong. You need to decide for yourself whether or not it's a good time to sell.

Those may be good general rules but you gotta back it up with TA

>> No.9189021

Those are two different styles. Jumping on breakouts is more of a daytrade with margin thing and buying dips is more conservative.