Selloffs and pullbacks usually lead to big winners, but you have to avoid FOMO and be able to sit and wait.
My biggest wins over 28 years have often come from buying recovery moves after a sharp pullback or selloff.
Recently, COVID lows, 2022 rate hikes, the regional bank selloff, tariffs and the war this year — among others.
The key for me is to let my stops reduce risk, hold extra cash, and to not get FOMO or be in a hurry to try to find the bottom on a pullback chart.
Patience and process beat timing every time. Size down, wait for the setup, let the market come to you.
My biggest wins over 28 years have often come from buying recovery moves after a sharp pullback or selloff.
Recently, COVID lows, 2022 rate hikes, the regional bank selloff, tariffs and the war this year — among others.
The key for me is to let my stops reduce risk, hold extra cash, and to not get FOMO or be in a hurry to try to find the bottom on a pullback chart.
Patience and process beat timing every time. Size down, wait for the setup, let the market come to you.