I'm already invested and won't add randomly before earnings. My Blue Chip Fibonacci Strategy is rules-based, and my next buy order is placed at $50.33. If the price gets there, I'll add. If not, I'll just hold and let the thesis play out.
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•@MikeUpegui would love to hear more about this theory
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@Stefanochef91 my Blue Chip Fibonacci strategy is "pretty simple": It's based on scaling into quality companies at predefined Fibonacci retracement levels instead of investing all capital at once. On the upside, I also have predefined take-profit targets, so both entries and exits are planned before the market makes the decision for me. Some goals of this strategy are discipline, position sizing, and risk management rather than market timing.
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