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So ' are just legal ways for the industry to scam using day trading. They make Millions a day doing this. You as a retail trader. 1) Need to identify and enter the scam early. Sell 1/2 for a nice profit, then put in a stop loss and try to make even more with the other 1/2.
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Now $BIMI was one of the Bangers today. Notice 1) Traders accumulate early to raise the sma's to make the positive chart, 2) Then they set off their buy algo. 3) Notice the day chart uptrend was never broken. 4) More important, notice the strong steady volume.
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I did just that with METX. The way I used to trade I would have for sure lost on that ticker today. I would have been panic selling at lows and chasing at tops. But, now that I am 6 months in, I actually sold profits and set SL. Was able to get in and out 3 times making money