I have messed up plenty of times, so this is not a brag, but I was watching today’s video on AXON and they were talking about how AXON tanked in Feb right as the market was about to turn down. I went back and looked to see how I handled it, and for a change, I did it right and followed the rules. You can see by the marked red lines that as soon as it had that big plunge below the 50dma, I sold and lived to buy another day.
The rules are there because their research showed what rules worked best, so got to keep following them.
