Wednesday, January 19, 2011

Buy on dips

Most stockmarket trends are still up despite the downturn today. I will buy on dips but it is, as always, important to use stops if you trade.
If you make longterm investments then it´s another ballgame, but otherwise you should set stoploss levels BEFORE you trade. On Nasdaq Composite I use 2644 as my stoploss level.

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