So here is a quick one for you all...
Earning trades.
Stock gaps up nicely and either after early profit taking by others or in the late morning lower volume drops the price a bit.
Go long at appropriate point as the stock goes into in the the cup and handle.
When is it best time yo get out?
Early during 2nd days buying action, later or at the end of the day?
Now rather obviously it depends on the 2nd days action in the price, but at the begining of the day we dont know when that will be.
Where do you get your greatest successes? first thing in the morning or do you tend to wait and see what the day brings. I'm having consistency issues.
I have seen these in this weeks trades SPWH, ANF, TCS, GES, BBY getting out first thing does not always give concitsency but waiting can bring huge rewards or disasterous results.
input please???
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