/biz/ - Business & Finance

>>24085564
>>24085372
i mean, look at this shit, man. as a dip buyer this is the kinda shit that keeps me up at night. i try to justify it though by saying "this is why FA is so important", though, to be fair. but i mean imagine owning INTC around 60 and averaging down and now you're down almost 30%.

it's interesting to consider though. you'd start a position at around $54 originally and it did eventually at least get back to your original position. using my strategy, despite how fucked INTC has been, this still would have been a profitable trade eventually if you owned stock. but this is also why i've been considering getting into options, since then you can just have your risk be the premium you pay for calls and worst case scenario it expires worthless, but if you're right (which you should be 9 times out of 10) you can make many multiples of your risk pretty easily. this is especially true for shorting tops which i never do with stock due to the risk, i only go long on good companies currently.