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I can never understand the concept of 'watch for a...

  1. 3,353 Posts.
    I can never understand the concept of 'watch for a breakout'.

    Surely after something has 'broken out' it is too late to buy? Wouldn't you want to buy before the breakout?

    I could spend the rest of my life 'watching for a breakout' and never invest a cent.
 
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