I have seen 1992, 2000 and 2008. Post 2008 , we have not seen any form of Global Financial Crisis. If you have entered markets post 2010 , you have not seen a true bear market. The 2020 covid dip and rise ( fuelled by QE) was not a bear market.
I strongly suggest one studies the earlier bear markets on charts, analyse the then economic and socio political scenario before taking any decision. Not all dips needs to be bought , beware of trying to catch a falling knife. Remember Japan 1991
Buyers will get numerous opportunities. Wait for some form of reversal signal, buy 5-10-15% above to be safe. More money had been lost trying to catch a bottom.
Rest your choice. I honestly shared what I feel 🙏
Rest your choice. I honestly shared what I feel 🙏
Twitter gives a fascinating glimpse of behavioral finance on based on majority retail traders. The common consensus seems to be that they could not get in during the covid downspike due to fear, so this time majority will fearlessly buy the dip.
Markets rarely rewards the consensus view. One has to think totally different in order to make money.
This fearlessness in buying the dip is what is making me nervous
This fearlessness in buying the dip is what is making me nervous
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