As soon as you buy, share price drops 5-10% or even more...

As soon as you buy, share price drops 5-10% or even more sometimes.

This has happened to me far too many times so came up with a different trading plan.

Buy shares and if they drop on buying then buy some more shares and hold on to them until the share price goes up to a price point where you can sell them for a reasonable profit. Wait for at least 40 days from your initial purchase date before you decide to sell at a loss.

Bought some BKL shares in past 2-3 weeks and price kept dropping. Will buy some more next week and wait till end of August.

Looking forward to full year result announcement.