Retail's Interest in Dip Buying Should Make You Second Guess Doing So Yourself
π€ Retail traders are mentioning their interest in dip buying at a high rate, following a mild market retrace Tuesday. Historically, when dip buy calls are high
Not financial advice. DYOR.
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π€ Retail traders are mentioning their interest in dip buying at a high rate, following a mild market retrace Tuesday. Historically, when dip buy calls are high like this, it's followed by a mild short-term retrace and further downside pressure. Ideally, the true best dips to buy are when the crowd is not expecting markets to bounce.
When retail thinks there has been enough pain, they usually get humbled when they find out there was even more awaiting them. Once their optimism (FOMO) turns to fear (FUD), this is when we see the biggest rallies.
Use this link to track when mentions of "buy the dip" begin to die down. That will be the true dip buy signal for patient traders.
Not financial advice. DYOR.
