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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: coferspeculator6/18/2015 10:07:01 AM
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great story . . great that one of the "gorillas" wanted it so soon after buying . . moving onto the next one

TV talking head slammed it the other day . . learned that I can't let the "noise" force me to close out a position in a great story . . especially when the trend is bullish . . it's a lesson that seems easy to learn but isn't . . get shaken out of enough of the big winners and you learn the importance of holding onto at least some of a position . .

#1 up over 850% . . great example of what might happen in a great story once the trend starts moving higher . . there's no one alive that could have forecast it would do this well when first listed . . that's the case with every big winning stock . . focus on the best stories and you can make the case for strong gains . . if over time the case gets better and better, they go higher and higher . . only way to participate is to hold the position or at least part of it . .

you'd think the simplicity of the idea of buying the best and holding on would be simple to do . . it's simple for some to do . . . for others its not . . one gang gets rewarded . . the other one doesn't . .

my thoughts for what they are worth . .
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