When you participate in the next bounce, how do you know when to get out? It could reach the base or it could not. What makes you decide about the exit time?
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When you participate in the next bounce, how do you know when to get out? It could reach the base or it could not. What makes you decide about the exit time?
I layer in and I layer out.. If there is a quick pop, im usually all out fast.. but if its a slow grind higher, then I give it time, and layer out.. There isnt much science to it.. I just know from experience that a quick pop can mean further drop coming, so taking fast money is best so you can reload.. But a slow grind, means the panic is over, so you can start to sell slow..
Thanks. this is the answer, I was looking for.