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Trying to catch a falling knife is easy way to loose money, been ther don that. Look at the month chart and you see that is a correction is due anytime now. So i would say Sell the days highs
Ali this my view Nasdaq has started a correction and it may be 400 to 700 points down but it short term there is volatility so will have days where it goes up but is in downtrend . But i have lost alot so who is to say that im correct analyze charts frommonthly to daily and u will see the bigger picture where is headed. Good luck
It could definately fall a bit more from here, but a 400-700 point drop is unlikely in my opinion. I'd say maximum a 100 point drop from here. I don't give advice here. But I had success last time with buying a falling nasdaq
Thank u adi what I'm thinking now is to close that position n sell again to recover some losses , I don't think it will go back to that level any sooner
Let's see how market reacts in American session then I will decide and Marcus I can wait for 100 more points down n why don't I sell one more to get some profit!!! How u look at it?
Hey Ali. I'm buying the drop little by little. I have no idea where it will turn, but my bet is that it will turn pretty soon. But decide for yourself your own strategy. Good luck
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