Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop.
Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over.
That's the difference between good profits or life changing fortunes... patience to hold your winning positions, and confidence to close your losses early.
Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over.
That's the difference between good profits or life changing fortunes... patience to hold your winning positions, and confidence to close your losses early.