Is it true you should purchase stocks when stock prices are dropping?
- A nobodyLv 71 month agoFavorite Answer
NO it is not true. Yes one rule is to buy low and sell high
BUT you should never trade against the trend. Don't go against the market you'll loose every time. The market is always right so don't fight it.
Granted you will never buy at the lowest point but shouldn't buy in a loosing market.Source(s): from The Street
- Anonymous1 month ago
Ideally one would like to buy low and sell high, but most people who attempt market timing don’t do it very well. You can also run into having to pay notable short term gains. For the casual investor, dollar cost averaging and diversification is probably a better strategy.