3min chapter

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Ep. 195: Jim Roppel: Stock Market Lessons Of 2022

Investing With IBD

CHAPTER

How to Prepare for a Downtrend

The market is either going to break one way or the other. What do you do to kind of prepare for that? I talk about this in my girl stack mentor every time. Most people lost money in the market because they were just doing all the wrong things. They're piling into the top and puking at the bottom. It's counterintuitive. How many people only buy new highs exclusively? You just eliminated 99% of the pump. So therefore, they're going to miss all the big monsters. Nobody will buy a gap up of a stock that goes up 15, 20% in a day at just in the beginning of a new bowl. They just won't do it.

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