Many of you will be aware of the trading phrase "catching a falling knife" - i.e. trying to guess the bottom of a falling share price trend.
While this is something which I know is very dangerous, I have gone against my better judgement on a number of occassions and tried to call the bottom of a share price - with very little success.
I have had much more success spotting the first signs of the trend turning up.
Which approach do you take?
