Buy strength, not weakness.
Sell weakness, not strength.
Correct interpretation of strength and weakness is key.
N.B. I did not refer to building a position by means of scaling in, rather to averaging down a trade that should have been stopped out.
Charts don't lie, people do
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1662231>
Sell weakness, not strength.
Correct interpretation of strength and weakness is key.
N.B. I did not refer to building a position by means of scaling in, rather to averaging down a trade that should have been stopped out.
Charts don't lie, people do
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1662231>