A good strategy for the beginner trader is to buy a company
you already know while the price is coming down.
Why would I buy a stock while the price is coming down?
Well it comes down to logic
If I know a company's name
Either
- This company has to perform well for many years to get me to remember this company’s name
Or
- A company does something so bad the people remember that company’s name.
If a company is doing well, that mean the stock price will
eventually go back up.
As a result: PROFITS
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