Was having this conversation with a friend tonight, ‘the perfect time to buy’. I think what we ended up with was that there are loads of different ‘perfect times’ to buy. Back in September seemed like a great time to us, now is a great time for anyone new, in another few months we’ll probably be looking at another ‘perfect time’. Who knows, get involved and take it from there.
The best time to buy is when you see a good signal that the trend is reversing, in my opinion.
The time to buy is when there is evidence that price is about to rise. But that evidence must include a rising price.
It is better to buy only after the signs of reversal. Never try to “catch falling knife”, because anyone knows where the reversal would take place.
Sometimes short downtrands provide amazing possibilities to enter positions at perfect prices, but it can be very dangerous without enough practice.
I agree. If you’re going to do that, practice on a demo account for a while first.
When you get a confluence of confirmations.
Best time to buy, in my opinion, is when the trend bullish was began, if we can recognize the best time on reversal time, from bearish to bullish on major trend, hence probably will getting maximum profit although only open one trades, but then next problem is how to determine valid signal on reversal time from bearish to bullish on major long trend
If one is willing to hold long term trades that is the best time to buy, I agree. Open the long position and don’t touch it until the next major reversal.