So the "buy on the dips" methodology makes sense to me as long as the general market is moving upwards and as long as you have enough time to "wait out" some of the low points. How exactly would you define a dip? Lower close? A certain percentage drop? How excited should I get when a $50/share stock drops $.80?some clarity here would be very helpful. I've been investing for a bout a month and i'm right around even which I think is promising for the long run. But there are some stocks I've sort of missed a position I wanted to take. So...how much of a dip is a dip?
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