Post

Find the "right time to buy" on this $Q chart


Down 29% in about 4 weeks. They closed the economy. Circuit breakers halting the whole market over & over.
Every day of that COVID drop, buying felt insane. Every headline said worse was coming.
Then it recovered in roughly 5 months & never looked back.
Here's what I want you to actually see. There was NO moment on this chart where it felt safe & cheap at the same time. At the bottom it felt like the end of the world. By the time it felt fine, the discount was gone.
That's every crash. The "good feeling" & the opportunity never show up together. Ever... Every dip is usually because something bad is happening.
& while everyone was frozen, fear had put premiums the fattest they'd been in a decade. So what did I do? Sold 1+ year portfolio secured puts & reinvested that cash flow back in to my base portfolio.
The next version of this chart is already scheduled. The only question is whether you'll have a plan or just panic like most...
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

  • 1

Add a comment
Add a comment

Comment
Salahn28
13 hours ago
First Review
dyty
0