Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: cere0003 who wrote (13713)	4/24/2015 7:00:50 PM
From: SamSI	of 14340

I've been hesitating what to do with #3 as well in the past a few days. I was waiting for the analysts (only 4 covering this stock according to yahoo finance) to finally lift the PT. That hasn't happened. I too decided to follow BTT's rules, rather than my wishes, and sold some shares in the morning. I think this one is difficult though. From my repurchase to date, it's been less than 8 weeks. The gain is good and I initially wanted to go with one of the PGPG rules and not to sell it within 8 weeks. But anyway, selling a little here helps me maintain a peace of mind. One of my biggest mistakes in the past a couple of years is that I hold on to my positions for too long. I don't sell any shares at over-valued level or buying climax, and instead sell only when it's breaking down through support level and giving up too much profit. Later I realized that I have to follow all the rules that have demonstrated to lead to excellent results, not only the ones I favor.

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