Is trading ‘value’ a viable short-term strategy?

Buying pullbacks within a trend.

Buying value.

Buying the dip.

 

All seem like decent, logical strategies.

But are they though?

 

In the long term, perhaps with a time horizon of months-years, buying the dip on an undervalued security may prove profitable.

 

But in the short term, something that’s collapsing is collapsing for a reason.

And unless you’re lucky with your entry,

Buying the dip ain’t a brilliant idea.

 

Better then, to go with the flow.