JOKER555 wrote a post · May 9 04:51

Sell flying experience

These two stocks, definitely need to have a close-up to summarize the experience. Both flew away 😭 Both flew over 30%, can it be said that the timing of buying was wrong? Was the stop-loss incorrect? Did I exit too early.

1) First, you need to get used to the characteristics of the cup & handle. If the cup is bought, and the breakout is not successful, you should get used to the handle formation, widen the stop-loss point. To avoid exiting too early as shown in the above chart and missing out on explosive gains.

2) Be patient and wait for a pullback (during the handle phase) only enter when a higher low is formed. Of course, the waiting time will be a bit longer.

Alternatively, buy in batches, not breaking through at once, break through after that. A very good learning process. It's the heavy pain that will wake you up heavily.

#cup&handle#Malaysian stocks#how to catch explosive stocks#technical analysis#do not look at financial reports