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Ep 153: Scott St. Clair: Why Selling Is A Difficult But Vital Concept

Investing With IBD

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The Risk of Buying Stocks on the Way Down

When stocks or markets make a new high in price, it's a signal that something potentially has changed. It's the toughest signal to take because we're not used to that price. I see people that want to buy this on the way down because they love the company. Get it on a cheap now. So when Tesla first made it's great. The first time it ever hit 700. You know there there was there was a little risk, but a huge potential runway. Now it's the reverse.

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