When to get back in the stock Market
I sold most of my stock 30 days back. What percent drop do I need before I get back in buying back what I sold?
Terry Says
Aha, smart you! Well I’m not a good trader — in and out — and I know nothing about your personal circumstances and risk tolerance. My style is to invest for the long run, and adjust my “chicken money” upward as I get older. To be a successful trader, I’ve always said, you have to be right THREE times: when to get out, when to get back in, and when to get out again. You’re 1:3 so far. Do you feel lucky??