The challenge is that you don't know when the wave three will end because they have a tendency to extend. You also want to let winners run a bit. So I typically wait for a wave four and then exit as soon as we pop into wave five. I don't milk the wave five at all. The other challenge is that sometimes we get a truncated wave five.  The best solution is to take profits as you go especially when wave three is extending. 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!