Plan the trade ... trade the plan.
This site is a trove of opinion, and provides a useful source of themes to research, however it's a den of thieves at the same time. Ali Baba would be quite at home in these surroundings. lol
Seriously, three comments if I may:
- A problem with these heavily ramped stocks is that the ramping (both ways) overwhelms the sane comments. That's a community problem that's not going away any time soon.
- Anyone buying these dips without a solid plan is buying into trouble imho. From my experience, its better to let a retrace "settle", buying back in on the back of a resumption of upward momentum. Even if you give up a tick or two, better to sail with your wind at your back, cause who knows how much further this has to retrace on the downside. Price Action 101 stuff.
- And lastly, Plan the trade ... trade the plan. (yeah, I know I said it before. lol)
best of luck everyone
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WMT
western metals limited
just about buying time again, page-15
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