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Title: Low tide ripe trade Post by: Nevaehp on October 19, 2021, 01:56:16 AM Hello, what is low tide ripe trading? I heard someone mention it, but I'm trying to find an explanation of this trading strategy on the internet and I can't find it. Thanks
Title: Re: Low tide ripe trade Post by: Tuesdaynight on October 19, 2021, 02:31:16 AM Low tide ripe trade
Ripe > high Tide > down buy when down - sell when high Title: Re: Low tide ripe trade Post by: Husires on October 19, 2021, 11:26:51 AM It's a strategy that looking for a bad day in a long-term bull market, for example when there was a problem with closing oil regions due to hurricanes or a software failure or what happened recently with Facebook.
People tend to buy an asset whose price will rise or fall below its true value, and therefore when the price returns to normal (a rebound occurs), the gain will be quickly achieved. They represent the bloody days in an upward wave. For example, if an exchange hacked or bad news affected the price in the short term, it represented good buying points and so on. |