There is no such thing as a perfect trade. Accept it, they don’t exist. All you can do is attempt to make the best trade possible, minimize your losses, and keep on keeping on.
Just because you think you have found the perfect trade and you didn’t get on board, don’t chase it. There’ll be another one coming down the internet in just a couple of minutes. That is something that I learned the hard way.
If you decide that the way to buy a stock is with an intraday dip, set your bid price, and stick to it. The worst thing you can do is to try and keep raising your bid hoping to catch that little intraday dip. There is nothing wrong with the strategy of buying on the intraday dip, what is wrong is chasing after the stock because it is moving away from you. If you are going to chase it with an intraday dip, you should just buy it in the first place and be done with it. It will save you money in the long term.
If you'd like more information trading the stock market, check out my website, it has lots of great information about various trading strategies.
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