That's certainly true. imo, cutting losses would be always far much easier than letting profits run. Perhaps someone should write a book about how difficult to let profits run - even without any solutions. Is there any?
This should really put you to sleep.... unless you're thinking. The weekly chart of BRCM is presently nailed among four of the most monitored simple moving averages. Bollinger Bands are right there too, and closing. Daytrades and multi-day trades and strategies can be triggered here.
I like this picture. It is probably my favorite setup. I have no stats to prove that I am succesful with it, but I know I am always glad to stop and do further due diligence when I see this picture. In my case, the charts I review most frequently are hourly, daily, and weekly.
hello inandlong, know this is a bit tardy, but thought you'd like to see it anyway. hope you bought that brisket last week good holidays to you & all contributors here <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=653065>
BBH(daily) : AB=CD. Inside bar(today), small gap up 3 days ago. Can be an island reversal. Short some ticks below 4 days low, stop loss at 4 days high. (?)