A Change of Tactics, from Craig Mee

May 1, 2007 |

Is a market that doesn't test previous highs on a breakout (over x amount of time) telling us something, therefore should we add a certain % of higher risk on its next foray into blue sky after a measured period of consolidation, if indeed it does not give us "that pullback?"

Some markets just take off and never let you get back in … maybe on ones that do this a different trading appoach is needed rather than the feeling "I've missed it."