Post
Topic
Board Speculation
Re: Analysis never ends
by
klee
on 03/11/2015, 07:22:36 UTC
If it breaks out again I will buy back.

Parabolic uptrend is not designed to buy in but sell into.

Why not use a trailing stop in this case? Then if price goes crazy you can still profit, but if it starts to fall profits are protected.
Yeap - I use a stop 10% lower of the recent price peak ALWAYS. So loss is manageable. There are tools nowadays so you don't get REKT (I don't use leverage anymore anyway, especially in big volatility periods).