The bear market adopts pyramid scheme, right?
The bear market adopts pyramid selling strategy. Yes In bull market and bear market, pyramid trading method adopts the operation of low entry and high entry, then undertakes downward, buys chips in the form of regular triangle and takes them out in the form of inverted triangle. When an investor buys a stock chip for the first time, if the market falls, he will buy the chip at the first multiple for the second time. By analogy, if the stock price continues to fall, it will double for the third and fourth time to increase the shareholding ratio and reduce the total average cost. This is a regular triangle, which is pyramid-shaped, so it is called pyramid investment method, also called multiple buying and covering positions method.