trading mean reversion moves without any invalidation is stupid, especially in current market environment in combination with an already weakened stock.
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@Ph1l1pp I agree, blindly trading mean reversion without invalidation is risky.
In my case though, it was a quick scalp on extreme oversold levels. I wasn’t looking for a trend reversal, just a fast pullback move.
In my case though, it was a quick scalp on extreme oversold levels. I wasn’t looking for a trend reversal, just a fast pullback move.
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