Breakouts are one of the most used chart signals used by market technicians everywhere. Do you have the knowledge to know whether it’s the real deal or a fakeout?
When I get hurt in the market, I get the hell out. It doesn’t matter at all where the market is trading. I just get out, because I believe that once you’re hurt in the market, your decisions are going to be far less objective than they are when you’re doing well… If you stick around when the market is severely against you, sooner or later they are going to carry you out.Randy McKay