There's blood on these streets. BUY THE DIP!

[A quick thread]

So yesterday I sold two of my holdings that I didn't like very much for the following reasons:

https://t.co/eojTjDJc5B
I know what you thinking: "smart move! 😎"
Will I be going on a buying frenzy today? Not quite. I think I'll sit today out. I've had some great lessons about the dip that I'd like to share with you.
I came across this fortune teller on YouTube who could predict pullbacks. 😂😂😂

https://t.co/rNlOWKsiok
Of course I thought to myself, I'm going to be smart about this and decided to split my money over the full week because no one can predict the bottom. However, this happened:

https://t.co/RLYJLtKfGb
The lesson? Never get too greedy and never suffer from FOMO.

Here's an even better reason why. Imagine today was 21 Feb '20. Apple and Amazon fell over 2% and your favourite stock probably fell by even more. The whole market is red.
If you bought today (21 Feb '20) you would've exited the battle early as stocks continued to fall further.
I think we can all agree that we keep cash reserves for significant pullbacks in the markets. However, those pullbacks do not happen over night. They need time to mature. Days, sometimes weeks.

Day-to-day dips can be caught any time. Market pullbacks are really worth a buy.
So what do I do on days like today? I observe the market, review my wishlist and PRAY that the market continues to fall. If it rebounds tomorrow? Then it wasn't worth a buy.
https://t.co/Gu5XEYnX2c

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How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

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