Plan remains the same, I've shared this prior, we will get new lows likely for accumulation and re-accumulation.
Be patient, disciplined and have conviction. Do not chase these MINOR pumps, wait for the lower dips if you are accumulating.
If you are trading this, have tight SL's and clear TP's. Do not get caught up thinking 'you bought the bottom'
Personally, I am accumulating in this area, if we break any short-term MS then I will simply stop putting in capital until I see further accumulation over time or a clear bottom form. For now, a bottom is NOT clear.
I'm playing this one long term, so my risk is more acceptable to my portfolio, play your own game as you see fit.
This will take time, we will have many opportunities to buy low. This may flat line for MONTHS or even go lower, for me, if we go lower then I said: GOOD!
V
Be patient, disciplined and have conviction. Do not chase these MINOR pumps, wait for the lower dips if you are accumulating.
If you are trading this, have tight SL's and clear TP's. Do not get caught up thinking 'you bought the bottom'
Personally, I am accumulating in this area, if we break any short-term MS then I will simply stop putting in capital until I see further accumulation over time or a clear bottom form. For now, a bottom is NOT clear.
I'm playing this one long term, so my risk is more acceptable to my portfolio, play your own game as you see fit.
This will take time, we will have many opportunities to buy low. This may flat line for MONTHS or even go lower, for me, if we go lower then I said: GOOD!
V
Vatsik
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Vatsik
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.