Dip Buying in the Morning Or Afternoon

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Dip-buying: When should you do it? What are the risks? Learn when you shouldn’t dip buy. Get ready — you're about to learn something new!

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FULL DESCRIPTION

Dip buying ... When should you do it — morning or afternoon? And what are the risks?

First, never forget that roughly 90% of traders lose due to lack of preparation. With penny stocks, the most predictable patterns are caused by things like stop losses and market-maker manipulation. While that can be scary, it can give you a point of reference. With experience and education, you can learn to use these patterns.

When I dip buy a stock near the market open, usually that stock has been running for several days, weeks, or even months. I don’t chase recent runners.

I'm all about dip buying morning panics due to market inefficiencies, not due to bad news.

You don't have to try to guess which company will make it in the long run — most of these companies will fail. And if you know that most of these companies will fail, it's just a question of looking at patterns (which I cover in all my DVDs, webinars, and video lessons).

But if there’s a morning panic near the market open caused by stop losses ... that’s caused by market makers that exist specifically for penny stocks. That can open the door to opportunity.

So when shouldn’t you dip buy? I’d avoid buying in the afternoon and holding overnight. That first red day can lead to a morning panic. And you might get caught in the trade.

For all my international traders, keep in mind that time zones make a difference! Do your own research about morning and afternoon trades and patterns and find what works best for you, in your market, and your life!

Leave a comment below and let me know when you like to trade...

#TimothySykes #Pennystocks #Investing

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Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*

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