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Jun
10

Is it true that selling a market when it is limit up is usually a great strategy ?

This "brilliant" strategy stems from the idea that selling a market at limit up, may result in the trader gaining two limit moves in his favor while theoretically not losing any money the day of entry. I think is that this is an absurd idea. I don't advise this high risk approach as a trading tactic. Keep in mind that most markets that remain limit up on the close, will open sharply higher the nex...

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