Good thought. That is not how I have typically traded. I am a swing trader more than a day trader. Overall the strategy I have has worked well for me but as with anything one can get greedy and bite off more than they can chew. That has happened on a few trades with me and will continue to make me grab profits much quicker than I have in the past.
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OT: Daytraders making money off this volatility. Follow their lead? I would say if playing off momentum, don't hold overnight. Just a thought.
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