Bounce plays can offer some of the best risk versus reward trades. When stocks get extended to the up or downside, they will often have a bounce, a quick retracement in the opposite direction. This is not a setup suited for newer traders. It is easy to mistime these, and if you do not have …
It’s a good problem to have. When the market is ramping and you are in positions, it’s the best feeling in the trading world. The trade becomes easy. It’s like riding a bike with the wind at your back. However, ramping markets become overbought. Once the market hits overbought levels, strength becomes a problem for …
Read moreHow To Analyze The Market When Indicators Tell You It's Overbought
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