You cannot outsmart the moving averages... The market is showing, why its so incredibly important to have a proper exit strategy Many stocks that ran 100%+, now back to the exact spot they were a few months ago You can avoid round tripping those gains using the EMA's Simple exit strategy: -Trim into strength/key level (25%) -Close under 8 EMA (25% trim) -Close under 21 EMA (25% trim) -Close under 50 EMA (50% trim) (You can also trim on the way up on extensions like $ARM) This saved me a MASSIVE roundtrip on a few of my best trades this year Goal is not to sell the tippy top... Its to ride the momentum of the trend for as long as possible
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