Quote from Mysteron:
Anything could happen - rise, fall, chop about.
After a rapid rise a fallback maybe expected so I'd try a short trade. I'd like to see a couple more bars rising a bit and then starting to fall again and then enter, with a stop above the peak.
Quote from The Oracle:
never wait to see if something will happen..just because you thought it might!
if you had held your initial though..based on what you were looking at..and not intuition..or any other shite..then you would have been correct to short..a few times actually..and would have made a nice few $$ in the down move
swingtrading can be very profitable..but best to use some profits that have been already banked..and..you either win or lose..either way it does not and should not matter to your overall trading plan
there are buckets of $$$ to be emptied out each and every day..week..month..year in the stock market..how many you actually empty will depend on how much work you are willing to do and how much $$$ you have in the bank
TO