As I said earlier today .. you can hold out for an extra tick or two and miss the trade entirely or hedge your bets.
Must have missed dozens of baggers in my early trading life by being stubborn and not shifting my orders up at all or too little too late many times after it was plainly clear sentiment had changed. Greed can work against you in this regard. The pendulum swing of sentiment change starts by a slowing of movement and then a stall in prevailing movement, then a trickle the other way and then as it become more obvious a rush. A trader of note (I forget who) said its like the movement of a wave on the shore... which I kinda liked ... Wave rushes up the sand gradually slows to a stop and then slowly reverses before a rush back out to sea then the next wave comes.
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As I said earlier today .. you can hold out for an extra tick or...
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