Friend this techniqe that buying at lower rate & than selling athigh rate is well known factor every broker or buyer knows very well.
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Friend this techniqe that buying at lower rate & than selling athigh rate is well known factor every broker or buyer knows very well.
And I think every broker would understand my reasoning for saying its bad advice for new investors. As I said, its not bad advice exactly, its that the people receiving it don't fully understand it as they have not been trading long enough - be it stocks, pinks, crypto's or anything else. See the problem is, people take things way to literally. There was always logic in "buy low sell high" cause... DUH - but as advice its bad for newer investors. It just makes people lose lots of money.