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Daniela Duong
@danieladuong · May 14

In investing, I sometimes struggle with waiting too long. For example, right now I'm waiting to see if $DIS will fall any further (I have a limit of $85 and I'm overbought).

How do you guys do it, do you put a limit, buy continuously or wait for a bigger drop?

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BC

I definitely have a limit and a price at which I want to buy, so for example when a stock falls to a given price I buy. However, for example dividend stocks I buy continuously.

DD

I am setting a limit for the dividends, but buying them on an ongoing basis is starting to make more sense to me.

DM

The long wait for a suitable investment opportunity can be frustrating, but it's important to remember that investing is a long-term journey and not a short-term race.

It is therefore important to be patient and be prepared for the fact that sometimes it can take weeks, months or even years for an investment opportunity to present itself... or may not.

So, personally, I overbought even at a premium, even at a fraction of the amount I have set aside for the position, and then buy more if the price gets to my set price. But then it's important to tame your emotions and not buy a falling knife. BUY THE DIP! 😋

DD

That's the ideal strategy for me :)

JB

I set a price, buy at that price if the price goes down, and then buy in when the price goes down.

DD

I got it anyway.

MD

Yes, I also do some alerting and then I buy. But first I also look to see if maybe it broke some support, that I would wait even then. Although this is mainly done in trading, but I believe that in the long term it is also good to look at it. I have a bell here for now at $89 but maybe it will go lower. It is true that the lower prices were during the Covid era and now they are better off, plus regarding their broadcast, I read and thus want to write about it later in the week, the sports connection, that they should have the main broadcast rights for the next NHL season. I definitely see development with them so I think any price under $90 is great. 😊

DD

That's a cool point, it just takes a lot of monitoring to see if it has broken support or if there is a BOT or a apka that can give a report?

RR

I've been going almost strictly according to plan lately. No hasty investments and buy/sell at my predetermined prices. I don't set orders though, only alerts.

DD

I only have alerts too, after all I always prefer to see what happened that it goes down ;)

MW

I also usually set a threshold that I buy at when it drops. If the stock goes below the threshold, I buy in continuously. For me, it's hard to hit the bottom and then you're just disappointed when something misses.

DD

I'm definitely not aiming for the bottom, because I wouldn't be able to wait and I wouldn't have guessed anyway, if I had :D

FM

According to the valuation of the stock I work out, I have a set threshold for buying. I buy at that point and if the stock goes lower, I just add. I don't try to pick a bottom in investing like I do in trading.

DD

So we have the same, I just sometimes wonder if I'm setting the limit too low :D

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