Articles tagged with: breakout
Trading Worst Patterns »
Why I say this? Take a look at DIN I traded today:
DIN showed strong upside movement this morning. I missed the first breakout point @47.81. As I was still regretful that I should have came out early on MHS, I spotted DIN when it was shooting up high on its second bar after breakout. I entered at 48.36. BIG MISTAKE!! I should remember this BIG TIME–Never enter a stock at its second breakout bar, you will expose yourself to huge risk! As I did in DIN. I entered on the second bar after …
