BOIL - Chart Link- it's what makes trading
difficult at times - do you take the money and run, or hold on -
clearly with BOIL is was best to do a Steve Miller Band approach
and take the money and run on Monday morning.
but then stocks like NINE was best to stick with it.
for me I always have to take something off, 1/2 or 2/3, then I
let the rest ride if I think there's a chance it will continue in a
trending run. it's not always the right approach either- that's
what makes trading not a one fit all and complicated
BOIL was best to take a Steve Miller approach, but not so much with NINE
Posted by matt on 9th of Nov 2022 at 09:46 am
BOIL - Chart Link- it's what makes trading difficult at times - do you take the money and run, or hold on - clearly with BOIL is was best to do a Steve Miller Band approach and take the money and run on Monday morning.
but then stocks like NINE was best to stick with it.
for me I always have to take something off, 1/2 or 2/3, then I let the rest ride if I think there's a chance it will continue in a trending run. it's not always the right approach either- that's what makes trading not a one fit all and complicated
NINE - Chart Link-
https://youtu.be/ido6NrjGi2o?t=50