by Mike L.
Often, my colleagues and I do tweet BTFD and STFR. BTFD stands for Buy the F****g Dip and STFR stands for Sell the F***ng Rip. It's a phenomenon daytraders know that can occur anytime.
There's a saying out there, "make hay while the sun is shining." So do what works best until it won't. No one can really teach you how to exactly spot a BTFD moment nor can you learn it from books. It's like a tornado, you have to be there when it appears.
Traders from Equity Sense will be writing on this blog on positions and other market-related things.