Shakeouts during a solid consolidation can create a serious demand for the stock, creating opportunities for us. They can also give you a window to buy back at a lower price if you are watching closely as bounces off a support level. You also have to think about the psychology of the other traders looking at the same thing you are.
Jared M
shake out could create volume and momentum. if shaken out then get right back in along with everyone else, take profits when you can
kevin
1. Shake outs create momentum
2. Focus on Volume
3. Psychology is an integral part of trading
Kevin
-if you get shaken out and you know it still has momentum buy it back.
-on a gap up if it won’t hold to profit.
-psychology
Jay
If price clears out previous low but stays in range; high probability of a shake out. Great opportunity to get back in as is everyone else. This creates momentum for drastic move. Knowing human psychology and controlling your own is key.
Shakeouts during a solid consolidation can create a serious demand for the stock, creating opportunities for us. They can also give you a window to buy back at a lower price if you are watching closely as bounces off a support level. You also have to think about the psychology of the other traders looking at the same thing you are.
shake out could create volume and momentum. if shaken out then get right back in along with everyone else, take profits when you can
1. Shake outs create momentum
2. Focus on Volume
3. Psychology is an integral part of trading
-if you get shaken out and you know it still has momentum buy it back.
-on a gap up if it won’t hold to profit.
-psychology
If price clears out previous low but stays in range; high probability of a shake out. Great opportunity to get back in as is everyone else. This creates momentum for drastic move. Knowing human psychology and controlling your own is key.