Do You Buy the Breakout or the Pullback?

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Do you buy the breakout or the pullback?

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Do You Buy the Breakout or the Pullback?

Post by Admin on Mon Jun 30, 2008 9:52 am

Many traders see that there is a breakout, and want to get in the stock early (to make the most money). This can be dangerous however, because if everyone is buying a stock at the same time, who is left to sell it?

Buying the breakout may not get you the most money, but it is much safer, and easier to buy the quanity that you want.

Take the poll to show what you prefer.

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Re: Do You Buy the Breakout or the Pullback?

Post by TheBob on Mon Jun 30, 2008 9:55 am

I buy the breakout, because that is the way i was taught. And so far it has been working for me.

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