"When is the correct fourth dimension to bottom fish? Is it safe?
At what cost should I buy??"
We've all asked these questions at i point.
And idea it was this easy
I tried experimenting on a LOT of setups.
I went from this...
(Just watching the stock from afar in addition to produce nothing.)
To this...
(When It fails to become upward in addition to I cease upward Ipit.)
Or this...
(When I larn inwards equally good early)
Or worse....
Bottom Fishing is real RISKY.
The i mind argue being that you lot are fighting against the trend.
Just enquire those who bought ANI at PHP10, 7, four or lower because
of "good fundamentals" or techs beingness oversold due to the depression RSI.
"Respect the RSI my ASS."
So live careful when you lot come upward across cardinal gurus
who talk about technicals. Or technical gurus who suddenly
talk about fundamentals - Coz that's just funnymentals and
other made-up crap.
On a sidenote, live careful close what I post service in addition to what I tweet.
Coz I'm a crazy trader. And a fictional i at that.
"So why bother Bottom fishing?"
You powerfulness ask.
I don't know close you.
But I bottom fish for these reasons:
1 - Rewards.
Yes it's risky. But if you lot larn it correct in addition to you lot bought amongst volume,
you powerfulness merely larn a ticket to "financial independence-land."
2 - Bragging Rights.
I'm a real competitive person. And I love the feeling of
putting haters in addition to gurung ulols to shame.
And the fun purpose of it all is...
Contrary to pop belief,
It ain't rocket science.
"But Zeeeee! How produce you lot know if it's the bottom?"
Simple. I don't.
(Here's a uncomplicated catamenia chart)
You'll exclusively larn to meet the bottom, in i lawsuit you lot meet the 'ball'
actually achieve the bottom in addition to starts "floating up."
And from there, you lot react in addition to press the attack.
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Example
Tried to bottom fish but barat bids denied.
Bought 1.23-1.25 for laid about tranche base thence ended
up buying all i could at the unopen (Sagasa Order).
Day 1 Of Bounce
Here's the unsmooth selling plan.
Here comes Day 2 of the bounce.
(Added 19k. OC ako eh.)
(Added 19k. OC ako eh.)
Then Just earlier selling.
(I dearest taking screenshots earlier I sell.)
Some would say,
"Why would you lot sell?
You've got such a depression AEP!"
Simple respond to that is....
While others cheer that they could at to the lowest degree interruption even.
I joined the minority inwards cheering to bask some profits.
Total of three Days hold.
No hype. No rumors. No tips. No gurus.
Just the nautical chart in addition to you.
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CASE STUDY CLOSED!
Happy weekend everyone.
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