Dealing with a spike
Collated by xela.hc
Freehold
Date:07/03/16
Time:12:12:59
Post #:17205513
Pulling back now ... It's almost never a good STT strategy to buy into a Spike like this unless of course the news is spectacular and the MCap is tiny... So yes best to leave it for the Novices/Day traders to wrestle with and if you still interested then pick up the pieces in a few days. As a STT'er a common and valid strategy is to scavenge winning trades from ill informed or inexperienced D'traders who have taken emotional based decision to enter and the wrong time.
Dealing with a spike Collated by xela.hc Freehold Date:07/03/16...
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