I like this gj…….“When you take a trade the ONLY way it’s going...

I like this gj…….“When you take a trade the ONLY way it’s going to get where you want it to be is if strong hands take your side of the trade AFTER you. When you wait for them to show their hand you're probably be buying into the early stage of their distribution“

If this is your playbook, you would have recognised that commonly at the end of the sideways accumulation period, when you are feeling quite comfortable with your position, the “strong hands” will put the frighteners on and trigger a false break down to shake out the last of the loose shares…do not get bounced off, or even better, if you have conviction, this is when your last parcel is purchased.