By Steve Sosnick, Chief Strategist at Interactive Brokers
Buying the dip has been a foolproof strategy for new investors since last year’s Covid crisis.
But no strategy is truly foolproof.
Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market activity around this approach to trading.
This post first appeared on July 22 on the Traders’ Insight blog.
Photo Credit: the nails via Flickr Creative Commons
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The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
DISCLOSURE: FUTURES TRADING
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