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RE: Awesome PAY trade yesterday, and how to use Volume on a chart
The big guys have the same chart info as you to.. they dont know any more than you,, so if you look at previous panic drops, you can pretty easily guesstimate where the drop is getting overextented.. when you start to get a longer drop then you have ever seen on the history of the chart and there seems to be good volume, i would jump in with both feet.
So... is there any rule of thumb on WHERE to enter? Or are you doing as you mention, where you just kinda base it on the prior panic drops(approximate distance) for entry?
It just seems like you 'could' buy anywhere?
Am I overthinking it?