Timing the Trade the Wyckoff Way Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Timing the Trade the Wyckoff Way

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Highlander who wrote (14140)	11/17/2017 4:55:44 PM
From: PT1950	of 14340

Joe, I like the idea and have been selling 25% to 33% of positions when I feel the action appears climatic and I am selling on the day of the action or shortly there after. I have repurchased at times. At other times I haven't because the rally resumed too quickly after I had sold or I was looking to use the funds elsewhere. What I've found is the BTT stock ideas and their themes are so strong that when there is a climax it's best not to sell the entire position. Some of their ideas react for a few days and then head higher and higher. Others consolidate for a few weeks or for a month or two before moving higher. There aren't many BTT ideas which is one of the things I really like about their service. For one, it's easier to wait for their best opportunities and secondly there's not the temptation to jump in and out of stocks. I learned through experience that once you buy into their reasons for listing a stock and understand why it should do well it's best to stick with the rules. I thought the 2014 - 2015 period was the best of times and wouldn't likely be repeated but the current 2016-2017 rally is turning out to be even better. Cheers

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next