They buy on a run, then when the stock falls they pile up the sell side with their orders desperately trying to get out, thus causing greater falls lol.
Do most of you daytraders do this or do you follow tight stops.
Becaz if you follow stops, then you will take small losses when the stock falls(10percent), but when the stock spikes hard, you miss out on the real money through stops being hit on the rise lol.
Seems like a pointless excersise to me , any thoughts from the hardcore lol
