I understand all the rules around buying dryup stocks (11am, Stochastics, etc.) Are there any additional rules to buying based on the cycle that you follow to trigger the purchase?
Much of the background information (especially ‘The Big Post: I -X’ and the MSN documents) contain excerpts of Jack describing how he entered into a trade and why. I recommend a review of this material in order to gain a complete understanding of the goal you now attempt to reach. According to Jack, we look for a change in the pace in which volume accumulates in an effort to enter into a trade just prior to a volume and price breakout. Additional clues as to when such opportunity presents itself appear from time to time while watching the market. Jack suggests practicing wash trade drills in an effort to train oneself to notice these clues.
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