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Old 01-07-2021, 08:59 AM   #6554
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Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $-1381756
Talk to me about buying strategy.

Say you've grabbed a position in a stock using the funds available to you at the time. The stock has done well and seems to be rising. As more funds become available to you, do you a) keep purchasing the stock at the market price? b) hold the funds and set a limit order at a lower price and wait for a dip? or c) look for other opportunities with a different stock?

Also, do you have a max number of shares you strive to get to in something before you move on to a different stock?

My scenario is specific to making funds available with each pay period, every 2 weeks in my case, and I'm a little fuzzy on how to allocate after my initial (larger) purchase.
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