This came across my Facebook feed today. After reading it I though how much it related to trading
The skilled rabbit hunter knows a rabbit always runs in a wide circle that ends where it starts. You just wait for the rabbit to return to its hunch and shoot it.
The same cycles occur in trading. A new trader will productively take certain risks and break rules chasing a stock. Getting into a trade where you don’t have the best risk vs reward, taking a trade out of boredom
I’m going to use GBSN as an example.
Below is what I think would have been the safest entry point on the short side.
Once GBSN got below the VWAP and the 9EMA
