I heard about a trading strategy called the '3 trading rule' and I'm curious to learn more about it. Could someone explain what this rule is and how it can be applied in trading?
5 answers
BenjaminMoore
Sat Dec 07 2024
According to this rule, investors are advised to wait for a period of three days before acquiring shares of a stock.
JejuJoyfulHeart
Sat Dec 07 2024
The purpose of this waiting period is to emphasize the significance of patience in investment decisions.
CryptoElite
Sat Dec 07 2024
Patience is crucial in ensuring that investors make well-informed choices that can lead to higher returns.
Caterina
Sat Dec 07 2024
Investors frequently encounter the urge to purchase stocks when they perceive an opportunity to acquire them at a reduced price.
CryptoKing
Sat Dec 07 2024
The 3-day rule serves as a guideline for investors to refrain from making immediate purchases.