It's that time of the week again.
Anyone has any questions about trading or stocks for me to look at I have time to do that this weekend.
Post them below.
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Am I crazy for holding and dollar cost averaging my bags during this market? Lol
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Depends on the stock. Depends on your objective. Give me an example of one stock and price you bought. I don't believe in $ cost averaging unless it's a really good stock that I have confidence in. Putting more money into bad stocks is like burning money.
I’ve been buying UBER in the 20’s and got into $SIG around $7-8. I’ve been building positions in these companies in my long term portfolio. I know both of these businesses are impacted by the pandemic. With the current market turn, I figured it could be time to add more soon.
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IMO. $UBER chart does not look good at the moment. Looks like it could fail here. Until that changes I would be careful buying more. Could go even lower than here if the major market drops again this year.
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