Saturday, January 22, 2022 1:19:03 PM
Leaving money on the table, always a possibility with these type trades.
I trade charts and not news. When I see stocks that make a huge run, I put them on a list and set an alert for a 75% pullback, then I watch them more closely.
After that it all about the price action.
The longer price grinds sideways the better chance it has to break out higher, short consolidations just don't do as well. All IMHO
100 day consolidations are not going to get the same results as 1 year consolidations.
This is the typical price action of these type trades.
Then there are exceptions to the rule
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